Justification of vendor ROI for a major equipment used in radiology Assignment

Justification of vendor ROI for a major equipment used in radiology - Assignment ExampleThe report also highlights the relationship mingled with cost justification and return on investment in detail from the managers point of view providing justification for the feasibility of the capital leverage or investment finish to be made to the Vice president of the company.Variance report is a method of communicating the performance of the company among the executives. A comparative abridgment is conducted by comparing the available set of figures to reach an effective outcome. The sole purpose of the variance analysis is to review the budgetary goals and targets which the company plans to achieve.The management required to review the monthly budget because the expenses of the salaries were higher and the supplies and equipment which were available in the particular department were comparatively lower than the budget breakup.A properly formed variance reports includes the overspending or under-spending trends. In this case the hospital is spending more on the salaries of the employees and less on the equipment although the prescribed budget is ample to do so. A variance analysis must include proper graphs and figures and it must define the favorable and unfavorable position of a particular decision (Microsoft, n.d.).A variance analysis must include the comparison of the actual and the budgeted figures. The difference in the variation of the actual and the budgeted figures of the hospital will be clear predicted to reach to a conclusion.A variance report identifies the areas which will improve the installation of the Linear Accelerator. The equipment and the vendor from which the equipment will be purchased are discussed in this report. During the analysis the calculation of the cash budget will be analyzed. A detailed structure of the estimated rise in the number of patients for the economic period will be projected with the figures of the receivables and the cas h