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BOOK:

Health Care Operations Management

Langabeer, J. R. (2008). Health care operations management: A quantitative approach to business and logistics. Sudbury, Mass: Jones and Bartlett Publishers.

PLEASE ANSWER THE FOLLOWING QUESTIONS:

EXERCISE PROBLEMS CHAPTER 9

1. Assume that a hospital has steady cash inflows of $10,000 for 3 years and cash outflows of $9,500 for these same periods. At 10% cost of capital, what is the NPV of this project? Should this project be accepted, assuming there are no limits on capital?

2. Assuming that the initial investment of a project is $28,500 in year0, and that $10,000 in benefits accrued annually, calculate the payback period.

DISCUSSION QUESTIONS CHAPTER 10

1.What doesintegrated mean when used in the definition of SCM?

2.What is the primary focus of supply chain?

3.There are four cornerstones to logistics and supply chain. Describe them and give the key components of each.

4.What doesupstream mean?

5.Name three reasons distributors add value to a hospital’s supply chain network.

6.Demand should be aligned with supply to optimize the chain. What does demand mean for health care?

7.A stockout is common when supplies are distributed throughout all areas of the hospital. What are some ways to reduce stockouts?

8.Are the concepts of LUM and JIT the same? Why or why not?

9. What role does reverse logistics play in SCM?

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