The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs. The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used. To determine: The way Person X would recommend the SKU for a new custom pack.

Question

Want to see the full answer?

Answer 1

Question

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Describe what are the advantages of mixed model sequencing ?

Need a solution matrix for maintenance operation of tobaco manufacturing

Subject: Logistic management Q): What is muda & what are the types of waste in lean manufacturing? Q): What is zero base inventory, give example?

Answer 2

Question

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 3

Question

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 4

Question

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 5

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Answer 6

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Answer 7

Chapter 16, Problem 2.4VC

Summary Introduction

Case summary:

The case deals about JIT in AP hospital, which is founded in 1989. AP hospital tried to manage their pressure and reduce the cost by controlling the inventory using JIT method. The AP Hospital has a committee which is called the Medical Economics Outcome Committee, comprising of doctors from various disciplines, which helps in identifying and standardizing various custom packs.

The objective is to reduce the number of Stock Keeping Units (SKUs) so that not only the inventory holding costs are reduced but also more number of SKUs, result in a higher probability of the wrong SKU landing at the Operation room. Already for 45 different procedures carried out at the AP Hospital, 10 standardized SKUs for surgical custom packs are used.

To determine: The way Person X would recommend the SKU for a new custom pack.

Answer 8

Expert Solution & Answer

Answer 9

Expert Solution & Answer

Answer 10

Want to see the full answer?

Check out a sample textbook solution

See solution

Answer 11

Ch. 16 - Prob. 1ED Ch. 16 - Prob. 1DQ Ch. 16 - Prob. 2DQ Ch. 16 - Prob. 3DQ Ch. 16 - Prob. 4DQ Ch. 16 - Prob. 5DQ Ch. 16 - Prob. 6DQ Ch. 16 - Prob. 7DQ Ch. 16 - Prob. 8DQ Ch. 16 - Prob. 9DQ

Solution Summary: The author explains that AP hospital tried to manage their pressure and reduce the cost by controlling inventory using JIT method.

Want to see the full answer?

Chapter 16 Solutions