Unit 7 Questions Quantitative Methods

Each response has to be a minimum of 200 words.

Q1: Discuss brainstorming and consensus building as important aspects of total quality management in healthcare. Provide at least one specific example of how these tools could be utilized in the management of medical services.

Q2: Explain the concepts of terminal value and modified internal rate of return as they are applied to the management of medical projects. Provide a specific example related to your own work or professional interests.

Q3: Why is statistical process control so important in the management of healthcare services? Provide a specific example of using statistical process control to improve the quality of a medical process related to your own work or professional interests.

Q4: Why are run charts and control charts so useful in managing clinical services within a hospital or clinic? What is the difference between a run chart and a control chart? Also, provide at least one specific example of applying these charts in medicine.