The purpose of this assignment is to provide justification of a capital purchase using decision-making skills, research, and data.

The purpose of this assignment is to provide justification of a capital purchase using decision-making skills, research, and data.

You are responsible for finding replacement capital pieces for the radiology department. You have just been notified that the MRI scanner machines are obsolete and need to be replaced. Compare and contrast different vendors and ROI using the “Vendor Information Sheet” resource.

Part One
1.Before analyzing the “Vendor Information Sheet,”what essential “items” should you consider beforepurchasing an item?
2.Using the “Vendor InformationSheet,” determine what a reasonable ROI is?
3.What arethe minimum quality standards? Is there additional training requiredto operate the equipment?
4.Choose the vendor that fits theneed of the hospital and has the best ROI. Justify your chosencapital purchase.

Part Two

After comparing vendors, write a 250-500 word justification for thecapital purchase to your vice president. Address the following:
1.Why would this be a good investment for the hospital?
2.What are the operating costs you took into consideration?Explain.
3.What facility considerations are involved regardingthis new piece of equipment? Explain.
4.What is a reasonableROI? What are the minimum quality standards?
5.What trainingoptions would need to occur?
6.Cite a minimum of threereferences to support your rationale.

Prepare this assignment according to the guidelines found in the APAStyle Guide