go.6 Why is the Medicare system always changing and evolving? (Select all that apply)More people are living longer now than when Medicare was first established in 1966.Fewer people are paying into Medicare than taking out of it.Private companies participating in part C are constantly adjusting their insurance packages.Medicare's coding systems such as DRGs and RUGS need to change often.

The Medicare system, established in 1966, has undergone numerous changes and adaptations over the…

Answered: Why is the Medicare system always…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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云 < cO # 3 QUESTION 6 A measure of the importance of trade is: OA. Trade as a percentage of employment rate. OB. Trade as percentage of GDP. O C. The dollar value of trade adjusted for inflation. OD. The real value of trade. QUESTION 7 given goods A and B and a budget , if the relative price of A were to increase, the budget line would: A. Shift out in parallel fashion. OB. Shift in a relative fashion. C. Become steeper. OD.Become flatter OUESTION8 MAR 12 tv 08 F3 F2 DD F7 F4 F5 F6 F8 24 2. ) 9 7. 6
Adapted from Source: Fairlady. 2021. Masodi Organics. [Online]. Available at: https://www.pressreader.com/south-africa/fairlady/20211101/282041920317048 [Accessed 11 September 2023]. Question 1 Q.1.1 Distinguish between a continuous review model and a periodic review model, and recommend the most appropriate replenishment system for Masodi Organics. Note: you are required to provide a paraphrased comparison of the review modules with an application point for each before providing a justified recommendation. Q.1.2 Explain the four types of inventory purchases that goods at Masodi Organics can be divided. Note: you are required to provide a paraphrased overview of each type of inventory purchase before providing a practical example for each.
Principles of Procurement and Logistics Management Q.1. You have been asked by your company to prepare a three (3) paged concept paper examining the implications of supplier evaluations on procurement performance.
Q 9. Discuss the importance of search engines.
Question 2 Target Ltd produces a single product. The company has employed the services of a statistical firm to develop cost functions that will assist in arriving at the optimal price that will enable the company to maximize profits. During November 2018, you were provided with the following demand and costs functions for the product: Demand function: P=60+2Q, where P is the unit selling price and Q is quantity of units in thousands. Cost function: TC= 3Q2 - 2Q + 200, where TC is total costs in thousands of dollars. Required: Find the output at which profit is maximized. Find the optimal price that maximizes profit. Determine the optimal sales revenue Calculate the maximum profit Briefly outline three (3) factors to be considered when settingprices for the company’s products.
Question 3: Jerry has preferences over cats, c, and hats, h, that can be described by u(c, h) = min{2c, 2h}. Sketch the following curves (where pertinent, put c on the horizontal axis and h on the vertical axis): (1) Jerry's price consumption curve as the price of cats p. changes. (2) Jerry's demand curve for cats. (3) Jerry's income consumption curve. (4) Jerry's Engel curve for cats and Jerry's Engel curve for hats.
Q.1.9 The type of inventory that are in an unprocessed state is referred to as: A. Work in process. B. Raw materials. C. Packaging materials. D. Process stock. E. Finished goods inventory.
- QUESTION 1 Green Tea 4 Life Ltd has requested your help in preparing their financial statements as they are unsure of the requirements of NZ IFRS 16 Leases for lessees. You are provided with the following lease details: Green Tea 4 Life Ltd is the Commencement date Lease term Economic life of asset Interest expense SCF classification IDC incurred by the lessee Upfront payment due on the commencement date Fixed payments per annum at year end Ownership transfer at end of lease Lessee's incremental borrowing rate The depreciation method used by the lessee The relevant present value discount factors are: Present value of $1 in n periods Present value of an annuity -5 1-8% Lessee 1 April 2019 5 years 10 years CFOA $10000 $30 000 $200 000 No 8% Straight line 0.6806 3.9927 (i) Prepare the journal entry to initially recognise the ROU asset and lease liability, at the commencement date. (ii) Complete the lessee's table in the space provided. Determine the total interest expense that would be…
b. Question 4 Fortis Utility Company uses 2,000 units per year which it stores at $0.50 per unit per annum. The cost to place an order is $100. Calculate: If the company decides to make the items on its own machine with a potential capacity of 4,000 units per year, calculate: i. the batch order quantity (BOQ) the annual ordering cost the annual carrying cost ii. the economic order quantity (EOQ) the number of orders. iii.
Q.2.2 Compare and contrast between the grassroots forecasting technique and the Delphi method. Q.2.2 Explain integrated service providers in logistics management. Q.2.3 Explain how distribution requirements planning (DRP) is used. Q.2.4 An organisation produces customised wooden furniture. In your opinion, can the organisation utilise triple bottom line (3BL) to improve its production of wooden furniture? Justify your answer by discussing at least 3 key points.
Q.4 Assuming you have been employed as a procurement and logistics manager of a company like Riham Group, prepare a working paper indicating how you will ensure effective logistics and supply operations of the company within first 100 days of your work. Prepare a three (3) paged presentation showing how involving key stakeholders will be of critical importance in the execution of the work mentioned in part (b) above.
Additional Question. The XYZ steel company must determine a policy for ordering coal to operate 15 converters. The ordering cost is $85/order and the cost of holding coal is 15% of the purchasing cost. The XYZ has a contract to obtain the coal for $14 per ton for the coming year. Each converter requires exactly 8 tons of coal per day to operate, and the firm operates 300 days per year. a. Determine the optimal quantity of coal to receive in each order. b. Determine the total inventory-related cost associated with the optimal ordering policy c. Optimal number of orders to place per year and number of operating days between orders, based on the optimal ordering. d. The XYZ is now considering to the following discount policy provided by supplier: Order Quantity (tons) 1,000 - 1,999 Price per ton $14 $12 $10 2,000 - 2,999 3000+ Please help the XYZ to determine the amount the firm should order.

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