Prepare a written report to the CEO of Mt. Sinai Hospital in Problem 8.18 on the expansion

Question:

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 in which you present the 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 should be added in the 90-bed addition?

(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.

(c) Are the laboratories being used to their capacity?
Is it possible to perform more lab tests/year?
If so, how many more? Discuss the effect of acquiring more lab space if needed.

(d) Is the x-ray facility being used to its maximum?
Is it possible to do more x-rays/year? If so, how many more? Discuss the effect of acquiring more x-ray facilities if needed.

(e) Are the operating rooms being used to capacity? Is it possible to do more operations/year? If so, how many more? Discuss the effect of acquiring more operating room facilities if needed. (Source: Professor Chris Vertullo. Reprinted with permission.)

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