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In the U.S. - there are 200 cardiac arrests per year on the 5,000 passenger aircrafts in service - installing an automated external defibrillator (AED) on a single plane and training crew to use it costs $3,000 annually - if a plane has an AED on board then 16% of those who have cardiac arrest survive (where survival means resuscitated, sent to hospital and then discharged from hospital and for simplicity we ignore hospital treatment costs) compared to a 1% survival rate if no AED is on the plane. - survivors live on average 10 years - on average survivors enjoy a quality of life of 0.5 (on a 0-1 scale) - a year of life in perfect health is valued to be worth $80,000. (a) Calculate the cost of AEDs per year of life saved. (b) Calculate the cost of AEDs per QALY. (c) Does a cost-benefit analysis support installing AEDs on U.S. aircraft? Explain your answer.
A 30,000 seat college football stadium is used 20 times for games, concerts, and graduation cerimonies. Each event average 4 hours, and assume the stadium is full for each event. The stadium is is available for 365 days a year from 6am to midnight. F..
What is the “Natural monopoly effect”? Explain which brand performance metric shows the effect.
compares costs and expenses against a firm's sales.
The main Urgent Care Facility within the Health Care System has experienced a marked decrease in returning customers. In this LearnScape, you will evaluate the patient experience with the facility from appointment scheduling through a visit with the ..
Research the key concepts of risk and quality management in health care and the factors that influence risk and quality management for your chosen type of organization.
Today, the Internet provides an unprecedented amount of information by way of blogs, videos, and podcasts. Conduct a critique of one blog, one video, and one podcast, which provide information that addresses the topic of your Final Research Paper.
Explain how each independent variable affects the dependent variable in your selected industry.
Companies that give part of a procurement contract to multiple suppliers do so to:
Suppose that the Fabulous Hotel hires you as head chef under a two-year employment contract. After two years, another hotel wants to hire you. Describe and analyze the five elements of a contract that must exist for this agreement to be enforceable. ..
If an investor wants to compare the financial results of The Gap, Inditex, and H&M, what difference does it make that their financial statements are prepared according to different GAAP? Would you expect there to be a big difference between U.S. GAAP..
The design and management of seamless, value-added process across organizational boundaries to meet the real needs of the end customer is called:
After going over this module’s readings, develop a game plan for a company in today’s new business environment. Describe specific steps that the organization can take to improve its ability to effectively and successfully compete in this ever-changin..
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