Healthcare-Contribution margins

Contribution margins


Directions:
After reading Chapter 8: Cost Behavior and Break-Even Analysis, Chapter 9: Understanding Inventory Depreciation Concepts and watching the video on “Break Even Point (Analysis) easily explained”, complete the following questions.
A) Answer the following questions below. The minimum word count for all four initial post questions (total) to the discussion board question(s) should be a min. of 400 words or more (excluding reinstatement of the discussion board questions and references).
1) Do you believe that contribution margins can help you manage in your present work? In the future? How?
2) As future Healthcare Administrators, how do you think you can use (utilize) break-even analysis within the workplace?
3) What is the difference between LIFO and FIFO inventory Methods?
4) If you were giving the job as supervisor at large healthcare facility managing scientific equipment, describe in detail how you will deal with inventory.
-Post an example inventory document (i.e., link, pdf, word doc.,etc.) and or link to a software inventory program you would use to keep track of all scientific equipment and explain your reasoning of choice.
-Your experiences may be very helpful and interesting to all of us. However, be sure that you also back up your posts with factual information from the text (when it applies to the initial discussion board question (s) and responses to peers) or other creditable sources. A minimum of one reference is required to support your response to the discussion question and reply to a classmate. You may cite the course required textbook and or other sources in which you have used content from. Make sure your references are in APA format.
B) Reply to a classmate: Respond to one classmate post by including a respectful substantial response that includes supportive facts and details. Minimum of 150 words or more (excluding references). The responses to your classmate’s postings should actively stimulate and sustain further discussion by building on peers’ responses including: — Classmate by name
— building a focused argument around a specific issue or
— asking a new related question or
— making an oppositional statement supported by personal experience or related research.
-Your experiences may be very helpful and interesting to all of us. However, be sure that you also back up your posts with factual information from the text (when it applies to the initial discussion board question (s) and responses to peers) or other creditable sources. A minimum of one reference to your classmates posting. You may cite the course required textbook and or other sources in which you have used content from. Make sure your references are in APA format.
Discussion Board Grading Criteria: Thoroughly answered the question(s):
50 points are possible. A thorough answer will consist of complete sentences, and will address the question while drawing from the text or other credible source. A post that only has one-two sentences is not thorough and does not earn 50 points. Original post to the discussion question must be posted by Sunday 11:59pm(est) of each week. Correct APA formatted references:
10 points are possible. Please use your text (when it applies to a discussion) or any other credible reference to support your answers, and be sure to cite your sources correctly, following APA guidelines. Responded to ONE classmate:
30 points are possible. Your responses must be respectful, substantial (include supporting details and facts), and will address your classmate by name. Try having a spirit of inquiry, and feel free to ask questions to further your understanding of the post or to promote further discussion. In addition, make sure you support your response by using references. Your post must be a substantial and posted by Sunday 11:59pm(est) to receive the 30 points.
10 points are possible. Spelling, Grammar, Mechanics/formatting, Capitalization and Punctuation at the College Level.
Total Points Possible: 100 points

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