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Each student will prepare an individual final project paper on the topic: - The Effect of COVID-19 on the Hospital Supply Chain Division. All project components (short abstract and final presentation)...

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Each student will prepare an individual final project paper on the topic: - The Effect of COVID-19 on the Hospital Supply Chain Division.
All project components (short abstract and final presentation) should address or include the following sections:
1.
1. Problem statement - Clear statement of the problem or issue you would like to discuss.
2. Background and significance – Why is it an important problem? Who does it impact and how?
3. Alternative solutions - with supportive evidence to their effectiveness, advantages and disadvantages for each proposed solution. You should have 1 (one) prefe
ed solution, and 2 (two) alternative solutions, not selected.
4. Prefe
ed solution – describe your prefe
ed solution, include justification and peer-reviewed evidence. You should also include advantages and disadvantages of your proposed solution.
5. Economic implications - of your prefe
ed solution only.
6. Practice or policy implications - of your prefe
ed solution.
. References used - students should do some reading in addition to the assigned readings in class, in order to complete the project. There should be at least 5 references from peer-reviewed journals used in the project.
Paper inclusion requirements: The paper Should include all topic components, introduced above (#1-6)
. Must use APA format.
The paper MUST take advantage of the health economics tools and perspectives
The paper should Include the Financial cost data information

Name of Presenter:    
Title/Topic:
Evaluator:_____________________________________________
    Elements
(Total Possible Points 28)
    Unsatisfactory
(1 pt)
    Passable
(2 pts)
    Satisfactory
(3 pts)
    Excellent
(4 pts)
    Score
    Problem Statement
    No clear problem statement or problem is not relevant or there is no obvious link to course content. 
    Problem seems relevant, although there is no obvious link to course content.
    Problem is relevant and planned with some linkage to course content.
    Problem was selected and planned with a variety of links to course content.
     
    Background Significance

(Who? How? Why should we care? What do we know about it?)
    Importance and significance (impact) of problem is not shared.
    There is little evidence that the importance and significance (impact) of the problem has been used to inform the project.
    The importance and significance (impact) of the problem has been described and referenced. However, who is impacted, and why it is important has not been fully demonstrated.
    The importance and significance (impact) of the problem has been described and referenced. There is a clear understanding of who is impacted, and why it is important.
     
    Alternative Solutions

(Include advantages and disadvantages; discuss at least 2 in addition to the proposed one)
    Alternative solutions were not identified or described.
    The alternative solution(s) is not mentioned or fully explained and leaves questions about limitations of proposed solution.
    The alternative solution(s) is articulated, but the student’s presentation leaves questions about limitations of proposed solution and/or evidence of effectiveness.
    The alternative solution(s) is articulated, addressing proposed solution's limitations and evidence of effectiveness.
     
    Proposed Solution
    The student’s presentation of the proposed solution is not justified or supported by references. Advantages and disadvantages of solution are not stated.
    The proposed solution is articulated, but the student’s presentation does not address advantages and/or disadvantages of solution.
    The proposed solution is articulated, but the student’s presentation does not fully address advantages and/or disadvantages of the solution.
    The proposed solution is articulated and clearly addresses the advantages and disadvantages.
     
    Policy/Practice Implications
    A policy/practice implications related to the proposed solution has not been identified or described.
    A policy/practice implications related to the proposed solution were only mentioned.
    A policy/practice implications related to the proposed solution were described
iefly.
    A policy/practice implications related to the proposed solution were described with excellent detail.
     
    Economic Perspective
    Costs of the project and potential sustainability were not addressed.
    Costs and sustainability aspects were only mentioned and
iefly discussed.
    All cost elements were identified, and there was only limited discussion of potential sustainability of the proposed solution.
    Costs of all project elements, as well as overall costs were discussed in detail. The student presented, in detail, the sustainability potential of the proposed solution.
     
    Presentation
    The audience receives a confused message due to problems relating to the presentation.
    Due to the form and presentation of the oral and visual text, parts of the presentation are unclear.
    The presenter’s message is understandable in its format.
    The form and presentation of the oral and visual text enhances the ability of the audience to understand and connect with the message.
     
    Score
     
      /28
Answered Same Day Jun 09, 2021

Solution

Komalavalli answered on Jun 14 2021
128 Votes
2
Effect of Coronavirus on Hospital supply chain
Abstract:
Large number of global top 10 medical device firms have their manufacturing plant in china. The deadly disease of Corona virus has emerged from Wuhan city and started to spread globally. This out
eak is negatively impacting the economy. Business and transaction activities were put on hold in order to control the spread. Let us examine deeply about the effect of coronavirus on hospital supply chain in detail.
Introduction:
Coronavirus first emerged in the city of Wuhan in China. It stared to spread across the world and claimed several people’s life. Diseases out
eak affected the business and supply chain activities globally. COVID 19 is expected to have higher mortality rate compared to other seasonal influenza viruses. Since there is no medicine for this disease, all country which is affected by the disease were following lock down and social distancing measures to control its spread. Measure of lock down followed through shutting all economic activities and asking all people in the nation to stay back at home. When the nation decides to resume their activities in order to resume economic activities, they are following social distancing measures such as resuming the business activities with minimal number of people this avoids engaging large number of labors in manufacturing activities, using sanitizers, wearing masks. China has large number medical device manufacturing units. Lock down measure in china has put a halt to all manufacturing and business activities. This affected the production and supply of medical equipment’s globally, on the other end this spread increased the demand for medical equipment. Lack of production and increase in demand for those equipment’s lead to shortage for these devices. Let us have a deeper understanding about how supply chain of medical devices affected due to emergence of deadly corona virus.
Background and significance
Disruption to global supply of Personal Protective Equipment:
The out
eak of disease not only emerged a crisis on health, but it also poses a serious threat to the global economy, finance and trade. The estimated impact of this crisis ranges between $2 trillion and $4.1 trillion globally. Swelling demand, partly joined with misuse of personal protective equipment (PPE), panic buying is creating a disruption in global supply chain and putting lives at risk. Sudden increase in demand for surgical gowns, googles and masks created a depletion in stocks, which resulted in increase in price of personal protective equipment and lead to backlogs of 4 to 6 months to fulling the orders.
World Health organization (WHO) estimated that around 89 million of medical masks along with 1.6 million medical googles and 76 million examination gloves are required for COVID 19 each month. World Health organization itself personally transported nearly half million sets PPE (personal...
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