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Mastectomy costs around $20,000 with 99.76% survival rate in US. Then assume that patients have two options: getting Chemotherapy only or Radiation only. Chemotherapy initially costs 34,000 and annual follow up costs (including the first year) is $1,000. Radiation only initially costs for 15,000 and annual follow up costs including the first year) is $850. 9 years survival rate for chemo only patients are 96.2% and radiation only patients are 95%. What are the expected cost for mastectomy only patients, mastectomy and chemo patients, and mastectomy & radiation patients?

Mastectomy costs around $20,000 with 99.76% survival rate in US. Then assume that patients have two options: getting Chemotherapy only or Radiation only. Chemotherapy initially costs 34,000 and annual follow up costs (including the first year) is $1,000. Radiation only initially costs for 15,000 and annual follow up costs including the first year) is $850. 9 years survival rate for chemo only patients are 96.2% and radiation only patients are 95%. What are the expected cost for mastectomy only patients, mastectomy and chemo patients, and mastectomy & radiation patients?

College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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Mastectomy costs around $20,000 with 99.76% survival rate in US. Then assume that patients have two options: getting Chemotherapy only or Radiation only. Chemotherapy initially costs 34,000 and annual follow up costs (including the first year) is $1,000. Radiation only initially costs for 15,000 and annual follow up costs including the first year) is $850. 9 years survival rate for chemo only patients are 96.2% and radiation only patients are 95%. What are the expected cost for mastectomy only patients, mastectomy and chemo patients, and mastectomy & radiation patients?

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