Cost and Revenue

  o As a manager, you will be required to control cost. o Imagine you are the manager on your unit. o Utilize the chart below and answer the following management inventory problems: Inventory Analysis Stock Number Item Name Annual $ Volume Loss Charges J24 Ventilators 12,500 26.2 R26 IV pumps 9,000 23.3 L02 Wound Vac 3,200 18.8 M12 Walking Cane 1,550 15.8 P33 Band-Aids 620 12.3 T72 Saline syringes 65 10.2 S67 Alcohol Pads 53 10.2 o Place all items in a spread sheet. o Create a chart from the spreadsheet to display the lost charges for each item. o Use color to make your chart easy to read. o Create a detailed plan on how you could prevent an increase in loss charges in any 3 items. o Include a plan on how you will track charges on these items for 3 months to prevent increase in loss charges. o The plan should include a title page, body and reference page, 1-page in length (excluding title or reference page). Plan should be in APA format, free of grammatical errors and correct use of in-text citations. Minimum 100 words and maximum of 200 words.