Related Experiment Videos
Financial modeling for hospital materials managers. Part I
Hospital Material[Dollar Sign] Management
|August 8, 1986
Summary
This series teaches materials managers financial analysis skills for making key business decisions. Learn to evaluate sales, make-or-buy choices, reagent rental options, cash flow analysis, and acquisition negotiation models.
Area of Science:
- Business Administration
- Financial Management
Background:
- Materials managers face increasing demands for financial analysis.
- Traditional purchasing decisions require sophisticated financial evaluation.
Purpose of the Study:
- To equip materials managers with essential financial analysis skills.
- To provide practical guidance on five key financial decision-making areas.
Main Methods:
- A series of articles exploring financial analysis techniques.
- Utilizing personal computers and financial calculators for analysis.
Main Results:
- Readers will gain proficiency in evaluating sales opportunities.
- Managers will learn to analyze make-or-buy decisions and reagent rental alternatives.
- Skills in present value cash flow extrapolation and acquisition negotiation modeling will be developed.
Conclusions:
- Materials managers can enhance their decision-making capabilities through financial analysis.
- The series provides a comprehensive toolkit for financial management in materials acquisition.