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Operations

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Submitted By singurmeet
Words 1404
Pages 6
CASE STUDY ON
NORTH SHORE HOSPITAL

BY
GURMEET SINGH
STUDENT ID 16899166

EXECUTIVE SUMMARY

The report prepared demonstrates the sales of past three years for Elective Surgery Centre at North Shore Hospital campus. The sales mainly comprises of surgeries related to hernia, cataract, vein and laser surgery and cosmetic and plastic surgery. We have used regression analysis to predict the sales for the fourth year, considering the seasonality of the sales and trends. The analysis done clearly indicates that the maximum sale is achieved between the month of June and September. The graph shows an upward trend indicating the regular increase in sales. We also calculated Mean Absolute percentage Variance to calculate our accuracy. It came out to be 2.5 which suggest our accuracy is 97.5% which is clearly not bad but to stay that way, we will have to monitor the forecasting every quarterly if not monthly because of the cost involved in it. Necessary changes should be made after forecasting it because strategic implementation is more necessary. Otherwise, forecasting will be of no use. We have also provided some recommendations for managing their capacity to equip themselves better in the high sales month and to get rid of the extra cost in the low sales month providing the cost effectiveness.

TABLE OF CONTENTS

Introduction----------------------------------------------------------------------------------------------------4
Sales Trend-----------------------------------------------------------------------------------------------------4
Seasonal Index-------------------------------------------------------------------------------------------------5
Sales Forecast--------------------------------------------------------------------------------------------------6

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