Weight-Loss Group 3. Dr. Massy knows that the daily 60 minute meeting of the wei

Question

Weight-Loss

Group

3. Dr. Massy knows that the daily 60 minute meeting of the weight loss support group has 50 patients and should continue to be offered. If the new ranking for the services is (1) weight-loss support group, (2) phone calls, and (3) office vists, how much time should Ortiz spend on each service in a day? What would be the total contribution margin generated by Ortiz, assuming the weight-loss support group has the maximum number of patient billings?

Office Visits Phone Calls

Weight-Loss

Group

Maximum number of patient billings per day 20 40 50 Hours per billing 0.25 0.10 1.0 Billing rate $50 $25 $10 Variable costs $25 $12 $5

Explanation / Answer

III

Particulars Office Visits Phone Calls Weight-Loss Group Maximum number of patient billings per day 20 40 50 Hours per billing (I) 0.25 0.1 1 No of hours required 5 4 50 Billing rate 50 25 10 Variable costs 25 12 5 Contribution per patient(II) 25 13 5 Contribution per hour(II/I) 100 130 5 Ranking II I

III

Related Questions

Navigate

• Browse (All)
• Browse W
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.