=8-19 Prepare a written report to the CEO of Mt. Sinai Hospital in Problem 8-18 on the

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=8-19 Prepare a written report to the CEO of Mt. Sinai Hospital in Problem 8-18 on the expansion of the hospital. Round off your answers to the nearest integer. The format of presentation of results is important. The CEO is a busy person and wants to be able to find your optimal solution quickly in your report.

Cover all the areas given in the following sections, but do not mention any variables or shadow prices.

(a) What is the maximum revenue per year, how many medical patients/year are there, and how many surgical patients/year are there? How many medical beds and how many surgical beds of the 90-bed addition should be added?

(b) Are there any empty beds with this optimal solution? If so, how many empty beds are there?

Discuss the effect of acquiring more beds if needed.

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Quantitative Analysis For Management

ISBN: 9789332578692

12th Edition

Authors: Barry Render, Ralph M. Stair, Michael E. Hanna

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