Abstract

Cost containment has always been a major concern to managers. Therefore, any system which decreases costs by reducing labor time is given serious evaluation.

A five week comparison was made between financial record keeping by the manual method and by the computerized method. A continuous time study was utilized to make this comparison.

Over the five weeks, an average overall time savings of 245 minutes for the computerized versus the manual method was observed. The net savings to the institution was 223 minutes per week which translates to approximately $140.00 per month over a 5 year period.

The rapid payback period of 1 year and 5 months for the purchase of the computerized system, using a 12% Cost of Capital figure, presents the automation as a serious alternative. Thus, the labor cost savings to the institution along with the profitable payback period make it very desirable to convert to a reasonably priced computerized system.

School

Graduate School

First Advisor

Bertrum C. Connell

Second Advisor

Kenneth I. Burke

Third Advisor

Anna Moler

Fourth Advisor

Gerald Shavlik

Degree Name

Master of Science (MS)

Degree Level

M.S.

Year Degree Awarded

1983

Date (Title Page)

9-1983

Language

English

Library of Congress/MESH Subject Headings

Computers; Food Service, Hospital; Costs and Cost Analysis

Type

Thesis

Page Count

iii; 48

Digital Format

PDF

Digital Publisher

Loma Linda University Libraries

Usage Rights

This title appears here courtesy of the author, who has granted Loma Linda University a limited, non-exclusive right to make this publication available to the public. The author retains all other copyrights.

Collection

Loma Linda University Electronic Theses and Dissertations

Collection Website

http://scholarsrepository.llu.edu/etd/

Repository

Loma Linda University. Del E. Webb Memorial Library. University Archives

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