ABSTRACT
Economic Analysis Factors ..........................................................................160 10.3 Methods for Making Medical Device Investment Decisions ......................160
10.3.1 Payback Period Method ..................................................................161 10.3.2 Return on Investment Method ........................................................163 10.3.3 Benefit/Cost Analysis Method ........................................................164
10.4 Formulas for Determining The Time Value of Money................................165 10.4.1 Single Payment Present Value Formula..........................................165 10.4.2 Uniform Periodic Payment Present Worth Formula.......................165
10.5 Useful Cost-Estimation Models for Medical Devices .................................166 10.5.1 Failure Mode and Effect Analysis (FMEA)
