ECO 605 Assignment 7.1: Calculating Personnel Hours

ECO 605 Assignment 7.1: Calculating Personnel Hours

Value: 15 points

Introduction

In this assignment, you will calculate and interpret personnel hours for a hospital unit. Use the Assignment 7.1 Document (Word) (Links to an external site.) to record your responses.

Table 7.1 provides personnel numbers for a unit in a hospital.

Table 7.1

Categories of Work HoursNumber of Hours
Direct hours3,108
Indirect hours928
Non-productive hours760
UOS or HPPD436
Survey period14

Assignment Guidelines

Part One:

Use the provided data in table 7.1 to calculate and interpret in writing the following figures for the unit:

  1. Total worked (or productive) hours
  2. Total paid hours
  3. Total direct hours (or variable) worked per UOS or HPPD
  4. Total indirect (or fixed) worked hours per UOS or HPPD
  5. Total worked (or productive hours) per UOS or HPPD
  6. Total paid hours per UOS or HPPD
  7. Average daily UOS

Part Two:

Assume a hospital unit records 2,036 full-time hours and 326 part-time hours within one week. How many full-time equivalents (FTE’s) does this unit have?

Explain what happens to the supply curve for an output-maximizing firm if it increases the quality of their visits.

Submission

Your document should be named using the following convention: Last name_First name_Assignment_7.1

Submit your assignment and review full grading criteria on the Assignment 7.1: Calculating Personnel Hours page.

Assignment 7.1: Calculating Personnel Hours

Table 7.1 provides personnel numbers for a unit in a hospital.

Categories of Work HoursNumber of Hours
Direct hours3,108
Indirect hours928
Non-productive hours760
UOS or HPPD436
Survey period14

Part One:

Use the provided data in table 7.1 to calculate and interpret in writing the following figures for the unit:

  1. Total worked (or productive) hours
  2. Total paid hours
  3. Total direct hours (or variable) worked per UOS or HPPD
  4. Total indirect (or fixed) worked hours per UOS or HPPD
  5. Total worked (or productive hours) per UOS or HPPD
  6. Total paid hours per UOS or HPPD
  7. Average daily UOS

Part Two:

Assume a hospital unit records 2,036 full-time hours and 326 part-time hours within one week. How many full-time equivalents (FTE’s) does this unit have?

Explain what happens to the supply curve for an output-maximizing firm if it increases the quality of their visits.


Summary

Nurse leaders must balance cost-effectiveness and the quality of care provided in their departments. In this lesson, the tools for monitoring staffing budgets were presented. The lesson covered patient volume, work intensity, workload measures, full-time equivalent, productive cost per patient day, and the nonproductive budget. These tools allow nurse managers to use their staff resources efficiently and effectively while giving patients safe and first-rate care.


Week 7: Budgeting, Scheduling, and Daily Staffing for Acute Nursing Units

Nurse leaders are responsible for the labor resources of their cost centers. This lesson provides nurse leaders with the tools to budget for these labor costs. Essential budget components such as unit of service (UOS), work intensity, cost center, and hours per patient day or unit of service will be defined. A key issue, which will be analyzed, is the difference between worked (productive) hours, nonproductive hours, and total paid hours. We will also define productive cost or dollar per patient day, which is a key component of maintaining fiscal accountability. Within this discussion, the nonproductive budget will be described.

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ECO 605 Assignment 7.1: Calculating Personnel Hours
ECO 605 Assignment 7.1: Calculating Personnel Hours

Review a list of all items due this week in your course’s syllabus.


Lesson 1: Budgeting, Scheduling, and Daily Staffing for Acute Nursing Units

Assignment Rubric
CriteriaRatingsPts
Responses
5 to >4 pts
Meets Expectations

Answers to all questions are correct. Graphs are all properly labeled and axes all properly identified. All graphs are properly drawn. (If applicable.)

4 to >2 pts
Nearly Meets Expectations

Answers to most questions are correct. Graphs are mainly labeled correctly and axes are usually properly identified. (If applicable.)

2 to >0 pts
Does Not Meet Expectations

Answers to most questions are incorrect. Graphs are not labeled or axes are not properly identified. Graphs are not drawn properly. (If applicable.)

/ 5 pts
Explanations
5 to >4 pts
Meets Expectations

Provides thorough explanation of rationales and skillfully applies course materials to develop conclusions. There is always a close and strong connection between the explanations provided and the material from the lessons.

4 to >2 pts
Nearly Meets Expectations

Provides adequate explanation of rationales, but conclusions could be supported more strongly using course materials. There is a connection between explanations and concepts from the lessons but this connection is not always strong or clear.

2 to >0 pts
Does Not Meet Expectations

Neither provides adequate explanation of rationales nor uses available resources to substantiate conclusions. There is no close connection between the explanations provided and the concepts given in the lessons.

/ 5 pts
Structure and Mechanics
5 to >4 pts
Meets Expectations

Contains one or two errors in grammar, spelling, and/or APA format.

4 to >2 pts
Nearly Meets Expectations

Contains several errors in grammar, spelling, and/or APA format.

2 to >0 pts
Does Not Meet Expectations

Contains many errors in grammar, spelling, and APA format.

/ 5 pts
Total Points: 0

APA Writing Checklist
Use this document as a checklist for each paper you will write throughout your GCU graduate program. Follow specific instructions indicated in the assignment and use this checklist to help ensure correct grammar and APA formatting. Refer to the APA resources available in the GCU Library and Student Success Center.
☐ APA paper template (located in the Student Success Center/Writing Center) is utilized for the correct format of the paper. APA style is applied, and format is correct throughout.
☐ The title page is present. APA format is applied correctly. There are no errors.
☐ The introduction is present. APA format is applied correctly. There are no errors.
☐ Topic is well defined.
☐ Strong thesis statement is included in the introduction of the paper.
☐ The thesis statement is consistently threaded throughout the paper and included in the conclusion.
☐ Paragraph development: Each paragraph has an introductory statement, two or three sentences as the body of the paragraph, and a transition sentence to facilitate the flow of information. The sections of the main body are organized to reflect the main points of the author. APA format is applied correctly. There are no errors.
☐ All sources are cited. APA style and format are correctly applied and are free from error.
☐ Sources are completely and correctly documented on a References page, as appropriate to assignment and APA style, and format is free of error.
Scholarly Resources: Scholarly resources are written with a focus on a specific subject discipline and usually written by an expert in the same subject field. Scholarly resources are written for an academic audience.
Examples of Scholarly Resources include: Academic journals, books written by experts in a field, and formally published encyclopedias and dictionaries.
Peer-Reviewed Journals: Peer-reviewed journals are evaluated prior to publication by experts in the journal’s subject discipline. This process ensures that the articles published within the journal are academically rigorous and meet the required expectations of an article in that subject discipline.
Empirical Journal Article: This type of scholarly resource is a subset of scholarly articles that reports the original finding of an observational or experimental research study. Common aspects found within an empirical article include: literature review, methodology, results, and discussion.
Adapted from “Evaluating Resources: Defining Scholarly Resources,” located in Research Guides in the GCU Library.
☐ The writer is clearly in command of standard, written, academic English. Utilize writing resources such as Grammarly, LopesWrite report, and ThinkingStorm to check your writing.