Quantitative Methods

Module 3 Written Assignment
Submit your solutions to the following questions. Write your solutions clearly and neatly.
Note 1: Show all your work to get credits.
1. Describe a process that you are familiar with in your organization and then discuss the efficiency of the processand how you can improve it. Talk about the process improvement tools that can be used.
2. Solve for exercise 3 (hematology lab) of chapter 11 presented on pages 319-320.
3. The VVH radiology department currently uses FCFS rule to determine how to sequence patient X-rays. On a typical day, the department collects patient X-ray. Use the data in the Excel file attached below to create schedules using FCFS (first come, first served) and SPT (shortest processing time) sequencing rules. Assuming these data are representative, what rule should the radiology department adopt for sequencing, and why?

4. Use the data for the total U.S. health expenditure for years 1990-2015 given in the Excel file attached below to forecast the total expenditures for years 2017-2025 with two of the forecasting methods discussed in chapter 13. Explain your reasons for the choice of the forecasting methods. Which model do you believe offers the best forecast? Why?

5. Solve for exercise 2 of chapter 13presented on pages 366-368.You can use the Excel inventory template attached below to solve for the problem.

6. Discuss either question 2 or question 4 of chapter 15 discussion questionspresented on pages408-409.

 

 

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