Required informatioh There are a number of techniques to help people stop smoking, but their cost and effectiveness vary widely. One accepted measure of effectiveness of a program is "percentage of enrollees quitting". The table below shows several techniques touted as effective stop-smoking methods, some historical data on the approximate cost of each program per person, and the percentage of people smoke-free 3 months after the program ended. The Cancer Society provides annual cost-offset funding to cancer patients so more people can afford these programs. A large clinic in St. Louis has the capacity to treat each year the number of people shown. If the clinic plans to submit a proposal to the Cancer Society to treat a specified number of people annually, estimate the amount of money the clinic should ask for in its proposal to do the following Technique Cost,$/Enrollee %Quitting Treatment Capacity per Year Acupuncture 700 13 250 Subliminal Message 150 500 Aversion Therapy 1700 39 200 Out-Patient Clinic 2500 34 400 In-Patient Clinic 1800 47 550 Nicotine Replacement Therapy(NRT) 1300 26 100 Conduct programs at the capacity level for the technique with the lowest cost-effectiveness ratio. The technique with the lowest cost-effectiveness ratio is Subliminal message O The lowest cost-effectiveness ratio is 3750
Required informatioh There are a number of techniques to help people stop smoking, but their cost and effectiveness vary widely. One accepted measure of effectiveness of a program is "percentage of enrollees quitting". The table below shows several techniques touted as effective stop-smoking methods, some historical data on the approximate cost of each program per person, and the percentage of people smoke-free 3 months after the program ended. The Cancer Society provides annual cost-offset funding to cancer patients so more people can afford these programs. A large clinic in St. Louis has the capacity to treat each year the number of people shown. If the clinic plans to submit a proposal to the Cancer Society to treat a specified number of people annually, estimate the amount of money the clinic should ask for in its proposal to do the following Technique Cost,$/Enrollee %Quitting Treatment Capacity per Year Acupuncture 700 13 250 Subliminal Message 150 500 Aversion Therapy 1700 39 200 Out-Patient Clinic 2500 34 400 In-Patient Clinic 1800 47 550 Nicotine Replacement Therapy(NRT) 1300 26 100 Conduct programs at the capacity level for the technique with the lowest cost-effectiveness ratio. The technique with the lowest cost-effectiveness ratio is Subliminal message O The lowest cost-effectiveness ratio is 3750
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
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Transcribed Image Text:Required information
There are a number of techniques to help people stop smoking, but their cost and effectiveness vary widely. One
accepted measure of effectiveness of a program is "percentage of enrollees quitting". The table below shows several
techniques touted as effective stop-smoking methods, some historical data on the approximate cost of each program per
person, and the percentage of people smoke-free 3 months after the program ended. The Cancer Society provides
annual cost-offset funding to cancer patients so more people can afford these programs. A large clinic in St. Louis has the
capacity to treat each year the number of people shown. If the clinic plans to submit a proposal to the Cancer Society to
treat a specified number of people annually, estimate the amount of money the clinic should ask for in its proposal to do
the following
Technique
Cost,$/Enrollee
%Quitting
Treatment Capacity per Year
Acupuncture
700
13
250
Subliminal Message
150
4
500
Aversion Therapy
1700
39
200
Out-Patient Clinic
2500
34
400
In-Patient Clinic
1800
47
550
Nicotine Replacement Therapy(NRT)
1300
26
100
Conduct programs at the capacity level for the technique with the lowest cost-effectiveness ratio.
The technique with the lowest cost-effectiveness ratio is Subliminal message
The lowest cost-effectiveness ratio is 3750 a
The annual program cost is 2710000
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