Question
ABC hospital is considering purchasing 10 machines for covid-19 test analysis; The cost to purchase these machines will be 5,00,000 taka. Management, of the hospital
ABC hospital is considering purchasing 10 machines for covid-19 test analysis; The cost to purchase these machines will be 5,00,000 taka. Management, of the hospital estimates that it could charge 200 taka per test from patients to have their results analyzed, while the actual cost of a analysis would be 70 taka. a. What would be the profit if ABC hospital performs 7500 covid-19 test analysis? (1 mark) b. How many covid-19 test analysis the hospital has to perform in order to break even? (1 mark) c. How many covid-19 test analysis the hospital has to perform in order to make a profit of 1,25,000 taka? (1 mark) d. If the new covid-19 test analysis machines have design and effective capacities of 10,000 and 7500 blood analyses per year, respectively, and ABC hospital performs 6,500 covid-19 test analysis each year, what will be the utilization of this machine? (1 mark) e. If this new covid-19 test analysis machines have design and effective capacities of 10,000 and 7500 blood analyses per year, respectively, and ABC hospital wants to be 85% efficient in its use of these machine, how many covid-19 test analysis should the hospital plan to perform each year? (1 mark)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started