Laboratory Operations Flashcards
Which of the following is an indirect cost of laboratory operation?
a. Technologist salary
b. Benefits
c. Equipment
d. Reagents
Benefits are an indirect cost, in that they are not directly involved in performing the test. Reagents, equipment, and tech salary are directly involved in performing the test.
A positive control is tested 20 times. The mean result is 16. The standard deviation is 2.5. What is the appropriate acceptable range to establish for the control results?
a. 11-21
b. 14-18
c. 14.5-18.5
d. 13.5-18.5
a. 11-21
Acceptable range is the mean +/- 2 standard deviates. Mean is 16. 2SD is +/-5, so range is 11-21
Two companies have been asked to submit bids for a specific machine. Each bid is listed below with the cost of installation, the specific equipment, and the reagents for one year.
How long would it take for Company A and Company B to be equal in overall costs?
Company A: Install = $1500, Equipment = $6500, Reagents (annually) = $1500
Company B: Install = $1500, Equipment = $7000, Reagents (annually) = $750
a. 6 months
b. 1 year
c. 2 years
d. never
c. 2 years
Cost for Company A for year one = 500+6500 +1500 = $8500
Cost for Company B for one year = 1500+7000+750 = $9250
Add reagent cost for two years.
Company A = 8500 + 1500 = $10000
Company B = 9250 +750 = $10000
Therefore, in two years, the overall costs will be the same.