KBeth Zion Hospital has received initial certification from the state of California to become a center for livertransplants. The hospital, however, must complete its first 10 transplants under great scrutiny and at no cost to thepatients with the hospital picking the expenses. The cost per hour of surgery is estimated to be $5,000. The very firsttransplant, just completed, required 27 hours. On the basis of research at the hospital, Beth Zion estimates that it willhave an 75% learning curve. Using Table E.3, estimate the time it will take to complete:a) the 10th transplant 10.40 hours (round your response to two decimal places).b) The cost of 10th surgery to Beth Zion Hospital = $ (round your response to the nearest whole number).Learning Curve CoefficientsUnit Number (N)10UnitTime.38575%TotalTime5.589UnitTime.47780%TotalTime6.315UnitTime58385%TotalTime7.116- X

Given : Learning rate = 75% Time required for the first transplant = 27 hrs

Answered: a) the 10th transplant b) The cost of…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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a) the 10th transplant b) The cost of 10th surgery to Beth Zion Hospital = $ 10.40 hours (round your response to two decimal places). (round your response to the nearest whole number).