EBK OM
EBK OM
6th Edition
ISBN: 9781305888210
Author: Collier
Publisher: YUZU
Question
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Chapter 17, Problem 5CQD
Summary Introduction

Interpretation:Trade-off between speed and quality by reducing waste and costs using lean principles is to be explained along with reasons.

Case Summary:

C.M.A is a large health care system which includes hospitals, satellite centers and outpatient clinics. Here the data was unorganized which led to various delays in patient treatment. Moreover, various appointments were to be made by patients before going to an authorized doctor. It made all the process very troublesome. Moreover, if doctor needs to retrieve data for any patients, it might take several hours, days or even weeks to get previous medical history of patient. But C.M.A introduced a system where all the data got stores in 7000 computer terminals. It almost takes 2 minutes to retrieve data from previous sources. Although C.M.A had to spend certain amount of dollars but system now could connect to suppliers, outside labs, and pharmacies.

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Menu Item Sales and Cost Data Taco Salad: Number Sold: 127; Item Cost: $0.71; Selling Price: $3.25 Lasagna: Number Sold: 48; Item Cost: $0.92; Selling Price: $4.67 Chicken: Number Sold: 31; Item Cost: $1.20; Selling Price: $3.00 Green Beans: Number Sold: 14; Item Cost: $0.20; Selling Price: $1.00 Corn: Number Sold: 13; Item Cost: $0.24; Selling Price: $1.00 Rice: Number Sold: 9;Item Cost: $0.13; Selling Price: $1.00 Menu Item Classification: Low contribution margin, low menu mix % DOG High contribution margin, low menu mix % PUZZLE Low contribution margin, high menu mix % PLOWHORSE High contribution margin, high menu mix o/o STAR QUESTION 1 Complete the menu analyses worksheet below. Calculations will be done using the information above. Restaurant: Date: MealPeriod: (A) ☐ (B) (C) (D) (E) (F) (G) (H) (1) (J) Menu Mix Popularity % Item Item Sold/(Menu Mix Menu Menu Item Food Menu Contribution Contribution Contribution Category Item Mix %): (B/K) Cost Selling Margin Price Margin (E-D)…
1) Around the Clock Production of Fire Nozzles View the videos Around the Clock Production of Fire Nozzles 1  https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=132KoZwS0yMEgsToDUsZjJe (9.44 minutes, Ctrl+Click on the link) and Around the Clock Production of Fire Nozzles 2 https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=44JM0cKtFLqHP5bad6KOHAm (7.43 minutes, Ctrl+Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapters 12 and/or 13) after watching these videos. Note: As a rough guideline, please try to keep the written submission to one or two paragraphs.   2) Cyberdyne Systems stocks and sells Cyberdyne glucose meters. The firm gathered the following information from its South Pasadena office:   Demand = 19,500 units per year Ordering cost = $25 per order Holding cost = $4 per unit per year   The firm’s operations manager wants to calculate the:   a) EOQ for the glucose meters. b) Annual holding costs for the…
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