Shouldice Hospital – A Cut Above 1.) How well is the hospital currently utilizing its beds? The hospital stay cycles have been provided: | Mon Beds | Tue Beds | Wed Beds | Thu Beds | Fri Beds | Sat Beds | Sun Beds | Available Beds | 90 | 90 | 90 | 90 | 90 | 90 | 90 | Monday Admission | 30 | 30 | 30 | | | | | Tuesday Admission | | 30 | 30 | 30 | | | | Wednesday Admission | | | 30 | 30 | 30 | | | Thursday Admission | | | | 30 | 30 | 30 | | Friday Admission | |
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“Shouldice Hospital‚ the house that hernias built‚ is a converted country estate which gives the hospital a ‘country club’ appeal.” A quote from American Medical News Shouldice Hospital in Canada is widely known for one thing – hernia repair! In fact‚ that is the only operation it performs‚ and it performs a great many of them. Over the past two decades this small 90-bed hospital has averaged 7‚000 operations annually. Last year‚ they had a record year and performed nearly 7‚500 operations
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3/26/2013 Shouldice Hospital Limited (Abridged) Summary of case discussion Indicators of success • Profits – Revenue = 7600 * (320*4 + 650 + 300*20%) = $15 mil. – Costs = $8.5 mil for hospital + $3.5 for clinic $ $ – Profits = $3 mil • Word‐of‐mouth advertising – Afraid of advertising for fear of generating too much demand • Backlog of demand – Currently 2400‚ growing at 100 / 6 mo. • High percentage of doctors as patients • L Low recurrence – 0.8% vs. 10% at other hospitals • Patients reunions
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Case Study 1 Question 1: How can Second Life provide value to businesses that use it? Answer: There are some main values that Second Life can bring to businesses that use it is: Firstly‚ firms can use Second Life to advertise and marketing their brands for millions of users of Second Life. Especially‚ this is a very good way for small and new businesses when they want to built up their brands because using Second Life or other virtual world can reduce the cost of advertising and easier to attend
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industries. *The original version of the movie “Cheaper by the Dozen” made in the 1950s was based upon the life of Frank Gilbreth who invented motion study in the 1900s. Gilbreth was so concerned with personal efficiency that he did a study of whether it was faster and more accurate to button one’s seven button vest from the bottom up or the top down. (Answer: bottom up!) Chapter 3 STRATEGIC CAPACITY MANAGEMENT After reading the chapter you will: 1. Know what the concept of capacity is and how important
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Case Study Interview Examples: Questions and Answers You will need to adequately prepare for an interview where case study questions will be asked. You should prepare for every job interview‚ but take extra time to prepare for one where these questions will be asked. Interviewers often exclude important details when asking candidates to resolve hypothetical business problems. Occasionally‚ interviewers provide no details to test analytical skills when adequate resources are unavailable. Interviewers
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Situational Analysis and Problem Definition: The Shouldice Hospital in Ontario‚ Canada is a pioneer in the field of treating patients suffering from external abdominal hernias. With its current capacity‚ it can treat up to 6850 patients annually. The patients are treated using the Shouldice Method‚ and on an average each patient has to spend about four days in the hospital recuperating. The USP of the Shouldice Hospital is it’s distinct surgical procedure. The speedy ambulation coupled with it’s
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Management 594 Case Two Table of Contents Page Lincoln Hospital Case Study Introduction 3 Contracting and Diagnosis Stages 5 Third-Party or Other Types of Intervention 6 Third-Party Effectivity and Next Steps 7 References 8 Lincoln Hospital Case Study Introduction This case describes a crisis situation that unfolds at the Lincoln Hospital‚ a 400-bed for-profit facility. At the root of the crisis is a dysfunctional relationship
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Second Life Case Study Questions/Answers CASE STUDY QUESTIONS QUESTION 3 There are several ways to start up business in an online virtual server. Second Life as of now harbored few to many online companies that does business online as a form of advertising or even setting up their virtual business inside the server by buying up “lands” in the so called “Grid” world. Of course‚ to do that‚ you have to buy the virtual “land” to start up the virtual business by subscribing to the premium membership
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CASE: Community Hospital Evening Operating Room Solution 1) The average customer arrival rate and service rate per hour Patient arrival time in a day (11 pm to 7 am) = 8 hr/day Patient arrival time in a year (Total study time) = 8 (hr/day) * 365 = 2920 hrs For average customer arrival rate‚ we know that 62 patients are required during that time period. So average customer arrival rate (λ) = 62/2920 = 0.0212 patients /hr Service rate (μ) = 60/80.79 = 0.7426 /hr
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