Question: Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $45,000. He estimates that he could charge $15.00

Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $45,000. He estimates that he could charge $15.00 for an office visit to have a patient's blood analyzed, while the actual cost of a blood analysis would be $5.00.

If this new blood analysis machine has design and effective capacities of 6,000 and 4,500 blood analyses per year, respectively, and Dr. J. expects to perform 5,500 HIV blood analyses each year, what will be the utilization of this machine?

77% None of the other options are correct 68% 82% 92%

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

The Tuff Wheels was getting ready to start its development project for a new product to be added to its small motorized vehicle line for children. The new product is called the Kiddy Dozer. It will...

1 . Doctor J . is considering purchasing a new blood analysis machine to test for HIV; it will cost $ 6 0 , 0 0 0 . He estimates that he could charge $ 2 5 . 0 0 for an office visit to have a...

Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $69000. He estimates that he could charge $40 for an office visit to have a patient's blood analyzed,...

Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $45,000. He estimates that he could charge $15.00 for an office visit to have a patient's blood...

4) Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $60,000. He estimates that he could charge $25.00 for an office visit to have a patient's blood...

Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $60,000. He estimates that he could charge $25.00 for an office visit to have a patient's blood...

1 2 3 4. Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $60,000. He estimates that he could charge $25.00 for an office visit to have a patient's blood...

Doctor J. is considering purchasing a new blood analysis machine to test for HIV; it will cost $45,000. He estimates that he could charge $15.00 for an office visit to have a patient's blood...

a. Why didn't Messing just deposit the check in his own checking account instead of trying to cash it at a bank where he had no account? b. Is there anything wrong with that? c. Why did Messing...

A ball is dropped with a velocity v, at an angle a with the vertical onto the top step of a flight of stairs consisting of 8 steps. The ball rebounds and bounces down the steps as shown. Each time...

A company's ability to create and grow earnings depends on: size and age All of the above are true. macroeconomic factors industry and company factors

When older adults have difficulty with transportation and communication, or may be reluctant to request needed assistance to which they are entitled, they may be in need of: Group of answer choices...