Health Financial Management Discussion question Week 4

"Inventory Analysis"  Please respond to the following:

• Recommend a strategy for financial administrators to balance the tension between having inventory on hand when it is needed versus the carry cost to the organization. Provide support for your recommendation.   
• Suggest one (1) key real-world complication of Economic Order Quantity (EOQ) calculations. Indicate a way in which a financial administrator may minimize the impact. Provide support for your rationale.

Optimizing Staffing"  Please respond to the following:

• Assume that you are a health care administrator in a hospital, and you are responsible for staffing levels. Suggest an approach to staffing for 24/7 coverage that optimizes patient care and minimizes cost. Provide support for your rationale. 
• Determine one (1) key factor that contributes to the non-productive time of hospital staff. Suggest one (1) way for administrators to control this factor in order to yield more productive time. Provide an example to support your rationale.