Hospital cbd

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Unformatted text preview: SIMULATED BIDDING ON AN HMO CONTRACT This sheet simulates 5,000 auctions of an HMO hospital care contract, as described in Example 1 of Hospital Administration Example. (i) All monetary quantities are given in millions of dollars. (ii) The HMO expects to collect 16.572 million dollars in yearly premiums. (iii) Each hospital builds a 5% profit margin into its bid. Data Simulated Errors in Estimated Cost Standard Costs on Mean of Deviation Hospital Hospital Hospital Hospital Hospital Record Data of Data 1 2 3 4 5 13.1 15.183 2.029 -0.103 0.149 -1.424 2.029 -0.010 16.29 Data Check 0.416 -0.988 0.822 1.308 -2.438 15.55 Minimum Maximum -0.855 0.971 -0.168 0.126 -1.277 17.82 Error Error -0.343 -0.072 -0.817 -0.739 0.196 14.5 -4.410 4.226 0.636 0.662 -1.069 0.936 -0.009 12.65 Minimum Maximum 0.053 0.308 0.515 0.510 1.127 17.73 Cost Cost 0.570 -0.194 -0.344 -0.123 1.463 15.16 7.388 22.775 -1.105 1.295 -1.182 -2.978 -0.993 13.09 -1.620 0.420 2.583 2.053 1.007 14.67 -0.338 -0.318 0.628 -1.007 -0.224 18.46 0.238 0.308 -0.298 -0.096 0.035 13.2 1.094 -0.845 -0.135 0.248 -0.439 0.311 0.196 -0.770 -0.909 -2.388 1.286 2.773 -1.220 0.075 0.285 -2.469 -1.793 -1.286 -0.045 0.869 -0.268 -1.752 2.622 2.144 0.783 0.262 -0.319 -0.634 -0.596 -1.329 -0.705 -0.702 0.827 -0.823 0.900 -1.553 0.468 -1.000 0.227 0.617 -0.548 0.347 -1.012 -0.005 0.414 -1.514 0.500 -1.973 -0.120 -0.086 1.549 0.538 -1.473 -1.615 -1.088 -1.605 1.623 -1.313 -0.957 1.003 -1.295 2.324 0.290 -1.389 -2.098 0.699 -0.351 2.569 -0.400 0.649 -1.489 0.944 -0.754 0.581 0.385 -1.558 1.013 0.403 -2.296 -0.653 0.553 1.425 -0.516 -1.568 0.121 0.806 -0.148 -0.600 -1.172 1.297 -0.184 1.075 0.619 0.775 1.277 0.961 -0.207 -0.123 -0.019 0.634 -2.178 -0.489 0.935 0.981 0.193 1.794 1.679 0.156 -0.537 -0.307 1.265 0.805 -1.640 0.519 0.519 0.224 1.443 -0.683 1.516 3.462 -1.163 -1.620 -0.322 -0.865 -0.501 0.515 0.320 -0.583 -1.830 -0.202 1.887 -1.571 -0.248 -1.536 -0.511 0.440 -1.969 -1.017 0.076 0.136 0.741 1.985 -0.614 -0.151 1.215 2.202 0.983 0.254 -0.571 -0.146 0.732 -0.547 0.487 1.180 0.990 -1.493 1.446 0.019 0.616 0.624 0.535 -0.127 -1.283 -0.347 -0.516 -0.826 0.664 0.492 0.034 -0.009 0.137 -0.380 -0.645 1.380 -0.240 -0.753 1.968 1.720 0.099 -1.185 -0.291 -1.398 -0.775 -2.298 -1.059 2.208 0.925 0.510 1.661 -0.964 0.728 0.467 -1.682 -1.413 0.617 -0.186 0.116 -0.868 0.226 0.261 0.723 0.567 -0.227 -2.647 0.835 1.070 -1.055 -0.130 -0.207 -2.070 -0.222 1.520 0.697 -0.279 0.874 0.043 -0.884 -2.608 1.569 -1.939 0.358 0.654 -1.091 -1.326 -0.009 0.558 -2.365 0.568 -0.989 1.362 -0.563 0.446 -0.925 0.245 -0.799 0.017 0.432 -0.418 -2.373 -0.140 -0.227 -1.281 0.699 -1.302 0.301 1.021 -0.397 0.648 0.345 -1.530 1.068 -0.495 -0.447 -1.663 -0.410 -0.728 -0.200 -0.148 0.655 0.317 0.776 -0.016 1.150 1.813 2.842 -1.265 0.208 -0.907 0.538 -1.729 -3.875 0.086 -0.182 0.322 -0.628 0.460 1.119 0.689 0.264 -1.896 -1.209 1.835 0.368 0.068 1.707 -1.757 -1.007 0.238 1.636 1.170 0.934 0.466 0.199 -1.413 0.390 0.358 2.232 -0.041 -0.436 -0.393 1.573...
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This note was uploaded on 10/27/2010 for the course ECE 220 taught by Professor Strickland during the Spring '08 term at University of Arizona- Tucson.

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