Summarize at least two KPIs from the front end, two from the middle, and two from the back end of the revenue cycle, as well as why you believe these KPIs will demonstrate whether the organization is meeting its KPIs or not
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Summarize at least two KPIs from the front end, two from the middle, and two from the back end of the revenue cycle, as well as why you believe these KPIs will demonstrate whether the organization is meeting its KPIs or not
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- Demand for stereo headphones and MP3 players for joggers has caused Nina Industries to grow almost 50 percent over the past year. The number of joggers continues to expand, so Nina expects demand for headsets to also expand, because, as yet, no safety laws have been passed to prevent joggers from wearing them. Demand for the players for last year was as follows: MONTH DEMAND (UNITS) January February 4,100 4,200 March 3,900 April 4,300 May 4,900 June 4,600 July 5,200 August 4,800 September 5,300 October 5,600 November 6,200 December 5,900A company wants to produce hardware at a level rate and send 10 units to inventory. If their 6-month forecast reveals a total of 110 units demanded, what should be their monthly production rate?Explain how the KPIs such as days in accounts recievable, claim denial rate, net collection rate, patient verification, and medical coding support strategic planning in the revenue cycle?
- Green Gardens' owner has asked your advice about a possible problem at his business. Over the last 6 months the large-sized lawn and garden inventory (ie, tables, chairs, planters, etc.) has appeared to be short. The inventory records that employees use to determine what is on hand show that more inventory is available than can actually be located. This has cause frustration and mis-trust in the inventory records for the sales employees. The owner realizes that the problem is bigger than just frustrated employees. He is afraid that inventory is being stolen, a problem he didn't think possible given that these are large items that are not easily moved. Requirements: Provide the owner with two internal controls that he could implement to reduce the likelihood of theft of the lawn and garden inventory.bus ules des cussions zzes Please refer to the Network Diagram below. Let Xij represent the number of units shipped from i to j, where i= 1, 2, 3 and j-4, 5, 6. The objective function is to minimize overall transportation cost while making sure all demand is met. Answer each question independently of the other questions. Unit shipping costs are intentionally hidden from the diagram. Supply 100 50 50 Plants 2 Retailers Demand 50 25 110 Under which of the following situations (consider them separately) would we have demand shortages? I. Route 1-6 is removed.Which among the following methods assigns costs on the assumption that the inventory quantities on hand represent those last purchased or produced? Select one alternative: First-in, first-out Weighted-average cost Specific identification Last-in, first-out
- Develop a measure of risk to go along with the ordering policy. This measure should be quantifiable.Madonna’s Burgers is considering making hamburger buns in-house instead of buying them from its supplier. It has estimated the fixed costs for a used over to be $7,000 and the variable costs for the buns to be $0.25. It purchases buns for $0.50 each, and there are no fixed purchase costs. Its annual demand for buns is forecasted to be 15,000. Madonna’s wants to know how many buns it has to make to break even.Submit a single Excel file with formulas within answer cells. Show the formulas for the answer County Hospital contracts for an anesthesiologist’s services for a guaranteed cost of $15,000 a month. For every service the anesthesiologist provides on a procedure, the hospital budgets an incremental $200 toward the anesthesiologist’s salary. Every time the anesthesiologist provides a service, the hospital gains revenue of $1200, which is a sixth of the overall procedure’s revenue. Be sure to make excel do the calculations and indicate any units for the answer. How many procedures would an anesthesiologist have to work on monthly for the hospital to Break Even?
- No Spacing Heading 1 Paragraph Styles Ed Item SKU A3378 has a demand that is normally distributed during the lead time, with a mean of 360 units and standard deviation 9999 of 12. If Hinsdale cannot have stockout in more than 10% of the time in any order, how much safety stock should be maintainec and at what reorder point? Calculate Hinsdale's safety stock and reorder point for three other SKUS under the following conditions of demand and lead time: A) SKU F5402: daily demand is normally distributed with a mean of 16, standard deviation of 4, lead time is 4 days, and must operate at a 95% service level Calculate Hinsdale's safety stock and reorder point for three other SKUS under the following conditions of demand and lead time: 1. SKU F5402: daily demand is normally distributed with a mean of 16, standard deviation of 4, lead time is 4 days, and must operate at a 95% service level. hs: OnChicago's Hard Rock Hotel distributes a mean of 900 bath towels per day to guests at the pool and in their rooms. This demand is normally distributed with a standard deviation of 95 towels per day, based on occupancy. The laundry firm that has the linen contract requires a 3-day lead time. The hotel expects a 99% service level to satisfy high guest expectations. Refer to the standard normal table for z-values. towels (round your response to the nearest whole number). X a) What is the reorder point? b) What is the safety stock? towels (round your response to the nearest whole number). Z-Table Z 0.38 0.50 0.67 0.84 1.04 1.28 1.41 1.56 1.65 1.75 2.06 2.33 Print Pr(Z) 65 69 75 80 85 90 92 94 95 96 98 99 DoneBradley Solutions and Alexander Limited are two well-established suppliers of inexpensive tools. Weekend Projects is a national chain of retail outlets that caters to the occasional fixer-upper who would prefer to get the job done fast rather than investing in a well-appointed tool box. Weekend Projects wants to find a supplier for a particular tool set that promises to be a big seller. Expected annual sales are 100,000 units (D). Weekend's warehouses operate 50 weeks a year. Management collected data on the two suppliers, which are contained in the table below: Annual Freight Costs Shipping Quantity (Q) Price/Unit Annual Holding Lead Time (L) Annual Supplier Bradley Alexander 50.000 $18,000 $17.000 Cost/Unit (H) $1.43 $1.43 10,000 25,000 (p) $7.15 (wks) Administrative Cost $40,000 $30,000 $26.000 $25.000 $15,000 S7.15 6 $10.000 a. Which of the two suppliers would provide the lowest annual cost to Weekend Projects? What shipping quantity would you suggest? Using and a shipping quantity…