Which of the Following Is the Best Example of Benchmarking

question 23

Multiple Choice

Which of the following is the best example of benchmarking?

• A)The length of stay in a 712-bed acute-care facility with a 12-bed open-heart unit is three days, compared to a four-day length of stay at a 256-bed acute-care facility with a six-bed general surgical unit.
• B)The cost of a cardiac catheterization procedure at an acute-care institution specializing in cardiovascular disorders is equal to that of a generalized acute-care institution.
• C)A six-bed coronary care unit has 0.2% incidence of infection post cardiac catheterization as compared to a six-bed intensive care unit with a 1.5% infection rate post open-heart surgery.
• D)The cost of one day's stay in a private room in a 42-bed medical telemetry unit in a 256-bed acute-care institution is equivalent to that of a 46-bed medical telemetry unit in a 248-bed acute-care institution.

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Definitions:

Transitivity

In decision theory, the principle that if preference A is greater than B, and B is greater than C, then A is greater than C.

Arrow's Impossibility Theorem

A theorem that demonstrates the impossibility of devising a social welfare function that satisfies all of a specified set of reasonable conditions simultaneously.

Majority Rule

A decision-making rule in which policies or choices are decided based on the preference of the majority of participants.

Transitive Preferences

A condition in decision-making where if an individual prefers option A over B, and B over C, then the individual also prefers A over C.