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110 Resources for

university of minnesota

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university of minnesota Physicians (UMPhysicians): Academic Medical Group Enhances Patient Care and Records Management: University of Minnesota Physicians is a multi-specialty teaching hospital with about 550 full-time faculty physicians; it receives more than 330,000 patient visits annually. Clinic management wanted to replace a paper-based medical records system with an electronic solution to reduce operating costs and improve service for patients. After an extensive evaluation...; Tags: HEALTHCARE, Microsoft Corp., University of Minnesota, physician, patient, records management, electronic health record, medical record, software; Case studies
Petroleum: Petroleum refineries are marvels of modern engineering. Within them a maze of pipes, distillation columns, and chemical reactors turn crude oil into valuable products. Large refineries cost billions of dollars, employ several thousand workers, operate around the clock, and occupy the same area as several hundred football stadiums. The U.S....; Tags: Telecom & Utilities, refinery, petroleum, worker; Case studies
Does Regulation Reduce Productivity?: We study the impact of regulation on productivity and welfare in the U.S. sugar manufacturing industry. While this U.S. industry has been protected from foreign competition for nearly 150 years, it was regulated only during the Sugar Act period, 1934-74. We show that regulation significantly reduced productivity, with these productivity...; Tags: Regulations, University of Minnesota, welfare, regulation, industry, banking, U.S.; White papers 2007-04-01
Bidding For Incomplete Contracts: An Empirical Analysis Of Adaptation Costs.: Public and private sector procurement contracts are often incomplete because the initial plans and specifications of the procured goods or services are changed and refined after the contract is awarded to the winning bidder. As a result, final costs differ from the winning bid and may include significant adaptation and...; Tags: University of Minnesota, adaptation, analysis; White papers 2007-01-08
Structure, Behavior And Performance In For-Profit, Nonprofit And Government Organizations: In this paper we examine empirically the association between organization type on the one hand and organization structure, organizational behavior, and organizational performance on the other hand, focusing on different types of organization that coexist in the same industry. We consider for-profit, nonprofit and government nursing homes (of the skilled...; Tags: Performance management, University of Minnesota, nonprofit, organizational behavior, performance, environment, industry; White papers 2006-12-30

Bidding For Incomplete Contracts: An Empirical Analysis Of Adaptation Costs: Public and private sector procurement contracts are often incomplete because the initial plans and specifications of the procured goods or services are changed and refined after the contract is awarded to the winning bidder. As a result, final costs differ from the winning bid and may include significant adaptation and...; Tags: University of Minnesota, adaptation, analysis; White papers 2006-12-12
Some Decomposition Methods For Revenue Management: Working within a Markov Decision Process (MDP) framework, the authors have studied revenue management policies that combine aspects of mathematical programming approaches and pure MDP methods by decomposing the problem by time, state, or both. The "Time decomposition" policies employ heuristics early in the booking horizon, and switch to a...; Tags: Operational accounting, University of Minnesota, revenue management, formulation, programming; White papers 2006-10-23
Regulatory Frameworks And Policy Options For Broadband Growth: Two concerns form the background for this paper. One concern was to understand more about the current regulatory parameters that affect the historically dominant telecommunications service provider in Minnesota, namely Qwest Communications, and to consider it's role as a provider of unregulated broadband services. The second concern was to focus...; Tags: Broadband Internet, Network technology, Telecom & Utilities, University of Minnesota, Minnesota, broadband, telecommunications, broadband service; White papers 2006-06-28
Risk Management With Stress Testing: Implications For Portfolio Selection And Asset Pricing: Stress Testing (ST) is often used by banks and securities firms to set risk exposure limits. Accordingly, a model is examined with an agent who faces K binding ST constraints and another who does not. Four results were obtained. First, the constrained agent's optimal portfolio exhibits (K+2)-fund separation. Second, the...; Tags: Real estate, Asset management, Strategy, Financial services, University of Minnesota, asset pricing, agent, security, adjustment, risk management, asset, bank; White papers 2006-06-22
The Welfare Consequences of Hospital Mergers: In the 1990s the US hospital industry consolidated. This paper estimates the impact of the wave of hospital mergers on welfare focusing on the impact on consumer surplus for the under-65 population. For the purposes of quantifying the price impact of consolidations, hospitals are modeled as an input to the...; Tags: HEALTHCARE, Benefits, University of Minnesota, hospital, health insurance, merger, health care; White papers 2006-05-01
Growth And Intellectual Property: Intellectual Property (IP) protection involves a trade-off between the undesirability of monopoly and the desirable encouragement of creation and innovation. Optimal policy depends on the quantitative strength of these two forces. Quantitative assessment of current IP policies is given. This paper focuses particularly on the scale of the market, showing...; Tags: University of Minnesota, intellectual property, IP; White papers 2006-02-01
The Impact Of IT On Market Information And Transparency: With the advent of the Internet, we have seen existing markets transform and new ones emerge. In this paper, we contribute to the understanding of this phenomenon by developing a unified theory about the role that IT plays in affecting market information, transparency and market structure. In particular, we introduce...; Tags: Strategy, University of Minnesota, information technology, theory, Internet; White papers 2006-01-14
Behavior in Operations Management: Assessing Recent Findings and Revisiting Old Assumptions: This paper provides a perspective on why behavioral research is critical to the Operations Management (OM) field, what prior research exists, and what opportunities lay ahead. The use of human experiments in operations management is still fairly novel despite a small stream of publications going back more than twenty years....; Tags: University of Minnesota; White papers 2006-01-09
Sale-Backs in Bankruptcy: The aim of this paper is to analyze the desirability of a frequent outcome of bankruptcy sales, that a former owner or manager of a bankrupt firm buys back the assets and gets a fresh start. The focus of this paper is on how this possible outcome affects bidding by...; Tags: University Of Minnesota, Bankruptcy, Litigation, Business Operations; White papers 2005-11-01
Product Market Competition and Human Resource Practices: An Analysis of the Retail Food Sector: The rise of super-centers and the entry of Wal-Mart into food retailing have dramatically altered the competitive environment in the industry. This paper explores the impact of such changes on the labor market practices of traditional food retailers. Longitudinal data is used on workers and firms to construct new measures...; Tags: Food & Beverage, University of Minnesota, food, analysis, compensation, Human Resources, industry, worker, knowledge, environment; White papers 2005-11-01
From Invention To Innovation: Conversion Ability In Product Development: The ability to convert inputs into outputs is a critical determinant of success in many fields of endeavor. This research studies the ability of firms to convert ideas into products, i.e., their conversion ability. Specifically the authors address the question: Why are some firms better at conversion than others? As...; Tags: Product marketing, University of Minnesota, product development; White papers 2005-09-03
Human Resource Leadership Development Project: The President and Board of Regents (Regents) of the University of Minnesota (University) have identified employee development as a strategic priority. A number of barriers have prevented, and if left unresolved will continue to prevent, the University from achieving a culture of excellence in employee development. The strategic planning goals...; Tags: Strategy, University of Minnesota, Strategic Planning, performance management, core competency, accountability, barrier, workforce, Human Resources, messaging, leadership, board, performance; White papers 2005-06-21
Fertility And Social Security: The data show that an increase in government provided old-age pensions is strongly correlated with a reduction in fertility. What type of model is consistent with this finding? We explore this question using two models of fertility, the one by Barro and Becker (1989), and the one inspired by Caldwell...; Tags: Benefits, University of Minnesota, pension, Social Security, government; White papers 2005-01-01
Researching Labor Arbitration and Alternative Dispute Resolution in Employment: What kinds of information can one expect to find when doing research in alternative dispute resolution? To the extent that ordinary issues of law arise when considering methods of alternative dispute resolution, such as whether an agreement to arbitrate is judicially enforceable or whether communications in the course of mediation...; Tags: University of Minnesota, arbitration, mediation, agreement, tool; White papers 2004-12-13
Using Imperfect Demand Information In Production-Inventory Systems With Multiple Customer Classes: The authors considered a make-to-stock supplier who operates a production facility with limited capacity. The supplier receives orders from customers belonging to several demand classes. Some of the customer classes share advance demand information with the supplier by announcing their orders ahead of their due date. However, this advance demand...; Tags: Channel management, University of Minnesota, supplier, sales; White papers 2004-12-09