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<html xmlns="http://www.w3.org/1999/xhtml" lang="" xml:lang=""> <body class="calibre"> <p class="calibre1">Running head: MAKE IT A </p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1">Name </p> <p class="calibre1">Institution </p> <p class="calibre1">Date </p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1">MAKE IT A 2 </p> <p class="calibre1"></p> <p class="calibre1"><b class="calibre2"> </b></p> <p class="calibre1"><b class="calibre2">Essentials of Applied Quantitative Methods for Health Services Managers </b></p> <p class="calibre1"><b class="calibre2"> Introduction</b> </p> <p class="calibre1">Essentials of Applied Quantitative Methods for Health Services Managers are a guide </p> <p class="calibre1">which helps to teach learners/students on how to use statistics and statistical packages in every </p> <p class="calibre1">aspect in health service administration. It takes students through steps to understand use of </p> <p class="calibre1">Microsoft excel fully. It all starts from basics of statistics and slowly grows to include use of </p> <p class="calibre1">more complex methods like; Forecasting, project analysis, interpretation, designing of models </p> <p class="calibre1">and analyzing of data. This particular study helps the students of different study levels to be </p> <p class="calibre1">equipped with ways, techniques applicable, and use of appropriate models in solving problems. </p> <p class="calibre1"><b class="calibre2"> Chapter 10 Homework </b></p> <p class="calibre1"><b class="calibre2"> Solution to 10-2 </b></p> <p class="calibre1">We get the expected total payoff for each state of the world by multiplying each </p> <p class="calibre1">outcome’s payoff by its probability of occurrence and sum them. Here our probability of </p> <p class="calibre1">occurrence is 0.3 for likelihood of current demand remaining, 0.25 for moderate increase, and </p> <p class="calibre1">0.45 for large increase. The expected total payoff for both current demand remaining and </p> <p class="calibre1">moderate increase will drop while the large increase will rise. The management should therefore </p> <p class="calibre1">make plans to ensure that major renovation is executed. This will help increase the expected total </p> <p class="calibre1">payoff and they will attain their goals as per their vision statements. </p> <p class="calibre1"><b class="calibre2"> Solution to 10-3 </b></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1">MAKE IT A 3 </p> <p class="calibre1"></p> <p class="calibre1">If the moderate demand increase is twice as both demand remaining or demand </p> <p class="calibre1">increasing, this means that the probabilities will be 0.5, 0.25, 0.25 respectively. The management </p> <p class="calibre1">should either adopt the moderate demand increase or the high demand increase because they will </p> <p class="calibre1">both give almost same expected total turn payoff. </p> <p class="calibre1"><b class="calibre2"> Chapter 11 Homework </b></p> <p class="calibre1"><b class="calibre2">11-1: </b>To get the cost for each person screened for cholesterol we multiply the duration by the </p> <p class="calibre1">amount and add cost of travelling to and fro, we therefore have: </p> <p class="calibre1">(8 </p> <p class="calibre1">+ (8</p> <p class="calibre1">6</p> <p class="calibre1">$9093.636 </p> <p class="calibre1"><b class="calibre2">11-2: </b>we add total cost for initial screening and special intervention, that is; </p> <p class="calibre1">$9093.636+$22.4=$9116.036 </p> <p class="calibre1"><b class="calibre2">11-3:</b> Initial plus special group is (8 </p> <p class="calibre1">+ (8</p> <p class="calibre1">6</p> <p class="calibre1">$13874.572 </p> <p class="calibre1">We now have :(( $13874.572-$=$9116.036)/$ =$9116.036)</p> <p class="calibre1">52.19% </p> <p class="calibre1"><b class="calibre2">11-4: </b>we get the difference, that is: $13874.572-$9116.036=$4757.936 </p> <p class="calibre1"><b class="calibre2">11-5: </b>This kind of working gives a direct relationship between life time coronary heart diseases </p> <p class="calibre1">reducing cost savings that is, reducing serum cholesterol helps to minimize frequency of heart </p> <p class="calibre1">diseases. This kind of practice helps the students to clearly understand what needs to be done. </p> <p class="calibre1"><b class="calibre2"> Chapter 11 Extra Credits </b></p> <p class="calibre1"><b class="calibre2">a. Administrative and supply costs </b></p> <p class="calibre1"></p> <p class="calibre1">MAKE IT A 4 </p> <p class="calibre1"></p> <p class="calibre1">This kind of services costs can be estimated as follows; </p> <p class="calibre1">For every 8 hours worked, each administrator is paid$ 0.98 and each supplier is paid $0.65 </p> <p class="calibre1"><b class="calibre2">b. Equipment </b></p> <p class="calibre1">For each equipment given for a particular duration, it should be estimated as $0.14 per hour. <b class="calibre2"> </b> </p> <p class="calibre1"><b class="calibre2"> C. New space </b></p> <p class="calibre1">For each new space acquired, the base to be sited should be $ 0.13 per every hour<b class="calibre2">. </b></p> <p class="calibre1"><b class="calibre2"> Conclusion </b></p> <p class="calibre1">This Essential of Applied Quantitative Methods for Health Services Managers is really an </p> <p class="calibre1">important tool for giving students knowledge to participation in their daily activities. The rates </p> <p class="calibre1">used to calculation costs per person during the cholesterol test are important in knowing when </p> <p class="calibre1">one has the capability to go for the services. Student’s gets some knowledge on how to deal with </p> <p class="calibre1">cost payment of services offered. It is therefore recommended that this method of applying </p> <p class="calibre1">statistical approaches in administration and economical analysis is very important and should be </p> <p class="calibre1">always given time it deserves. Students too should take the teachings seriously. </p> <p class="calibre1"><b class="calibre2"> </b></p> <p class="calibre1"></p> <p class="calibre1">MAKE IT A 5 </p> <p class="calibre1"></p> <p class="calibre1"><b class="calibre2"> </b></p> <p class="calibre1"><b class="calibre2"> </b></p> <p class="calibre1"></p> <p class="calibre1"><b class="calibre2"> </b></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> <p class="calibre1"></p> </body> </html> ">
