Refer to Problem. Beth Zion Hospital has just been informed that only the first 10 transplants must be performed at the hospital's expense. The cost per hour of surgery is estimated to be $5,000. Again, the learning rate is 80% and the first surgery took 30 hours.
a) How long will the 10th surgery take?
b) How much will the 10th surgery cost?
c) How much will all 10 cost the hospital?
Problem
Beth Zion Hospital has received initial certification from the state of California to become a center for liver transplants. The hospital, however, must complete its first 18 transplants under great scrutiny and at no cost to the patients. The very first transplant, just completed, required 30 hours. On the basis of research at the hospital, Beth Zion estimates that it will have an 80% learning curve. Estimate the time it will take to complete:
a) The 5th liver transplant.
b) All of the first 5 transplants.
c) The 18th transplant.
d) All 18 transplants.