The Nurse Is Working in a Healthcare Setting That Has

question 11

Multiple Choice

The nurse is working in a healthcare setting that has implemented Lean Six Sigma. Which of the following should the nurse anticipate with regard to this model?

• A)Shorter breaks
• B)Ordering extra supplies
• C)Replacing licensed with unlicensed personnel
• D)Decreasing staff when the census is low

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Definitions:

Opportunity Costs

The potential benefits missed out on when choosing one alternative over another.

Explicit Costs

Direct, out-of-pocket payments for goods or services that are made by a business as part of its operations.

Total Economic Costs

The sum of all costs associated with the production of a good or service, including both explicit (direct) costs and implicit (indirect or opportunity) costs.

Implicit Cost

The opportunity costs of using resources that a firm already owns to make its products, as opposed to renting, selling, or using them in another way.