Penny,a Bit of a Hypochondriac,decides That She Should Have MRIs

question 29

Multiple Choice

Penny,a bit of a hypochondriac,decides that she should have MRIs covering her whole body and insists that her doctor order them.Penny tells her doctor that she is not concerned about cost because she has great insurance.Which of the following is the appropriate and recognized term for the problem associated with her behavior as far as an insurer is concerned?

• A) Hypochondria neurosis
• B) Hypochondria psychosis
• C) Moral hazard
• D) Medical excessiveness
• E) Unfair persuasiveness

---

Definitions:

Re-Order Point

A predetermined inventory level at which new stock should be ordered to replenish supplies before reaching a critically low or stock-out situation.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given time period.

ABC Analysis

A method of categorizing inventory into three classes, A, B, and C, based on their value, volume, or frequency, to prioritize management focus and resources.