In Addition to Determining the Number of Patient Care Hours

question 11

Multiple Choice

In addition to determining the number of patient care hours needed, the nurse manager must also include which other labor costs?

• A)Loss of staff positions
• B)Vacations and holiday pay
• C)Breaks
• D)Changes in management

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Definitions:

Game Theory

A branch of mathematics and economics that studies the strategic interaction among rational decision-makers, using models to predict outcomes in competitive situations.

Pure Strategy Equilibria

A game theory concept where each player chooses a single strategy that results in no player having an incentive to unilaterally change their choice.

Mixed Strategy

In game theory, a strategy in which a player employs a mix of actions with certain probabilities to make it impossible for opponents to predict their actions.

Payoff

The return or reward received by a participant in a game or transaction, often evaluated in terms of utility or financial gain.