Why should benefit considered tactical or strategic benefits


Assignment

I. Identify patients in the table below who could serve as matched controls for the highlighted cases. Blanks indicate that the patient did not experience a fall in the time period. Select controls based on the lowest random number. Match on age. Show your calculations.

Patient ID

Received Intervention

Age

Months to Fall

Random Number

Observation Period

Follow-up Period

1

Yes

64


3

0.24

2

No

62


2

0.46

3

Yes

81

2


0.64

4

No

74

4


0.88

5

No

78



0.07

6

No

63

3


0.19

II. Create a Gantt Chart for the following project, and show the Gantt Chart below. Set a start date of September 1, 2018. Assume that work can be done 5 days per week, with no work done on Saturdays or Sundays. Identify the Critical Path. When will the project be completed?

Task Number

Activity

Immediate Precedence

Task Duration (Days)

1.

Strategic Planning Phase

none

20

2.

Team Orientation

1

28

3.

Software Configuration

2

60

4.

Testing

3

20

5.

Training

2

10

6.

Facility Modification

1

45

III. As a project manager, you have been asked to evaluate the feasibility of the following proposed acquisition:

Your organization is considering the purchase of an automated OB/GYN documentation system. Proposed costs are as follows:

Hardware

$ 250,000

Software

$ 400,000

Software maintenance

$ 65,000

Training

$ 35,000

Implementation

$ 75,000

Software maintenance will start after one year and will be incurred annually. All other costs are incurred in the first year.

Your analysis projects the following benefits to be expected annually:

Labor savings

$ 220,000

Equipment savings

$ 55,000

Reduced malpractice premiums

$ 20,000

Increase in OB business

$ 50,000

Construct a table showing the investment, and showing annual benefits for five years.

Use a discount rate of 5%.
Use an assumed inflation rate of 4%.

Show the Net Present Value and the Internal Rate of Return of the proposed investment every year for five years.

Are any of the benefits operational, or should some benefits be considered tactical or strategic benefits?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: Why should benefit considered tactical or strategic benefits
Reference No:- TGS02102176

Expected delivery within 24 Hours