Assignment: Write An Executive Summary Explaining FIFO And LIFO
Competency
Analyze decisions that impact the healthcare delivery system.
Instructions
The Gotham City Hospital, a mid-sized hospital, has hired you as an expert consultant for healthcare organizations. They have requested an executive summary, between 3-4 pages that explains to their management team (administrators and medical staff) the difference between FIFO and LIFO delivery systems. The summary needs to cover both the risks and benefits the two delivery systems could have in the procurement and use of medical resources at the hospital.
Write an executive summary of at least 3 pages comparing and contrasting the use of FIFO and LIFOsupply chains in a healthcare setting.
Make sure that the Executive Summary includes the following;
• Address the benefits and risks of using a FIFO delivery system in a healthcare setting.
• Address the benefits and risks of using a LIFO delivery system in a healthcare setting.
• Make a recommendation based on your research and back it up with evidence.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also include a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also Include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.