scholarly journals The problem of estimation of the moment of time of the event occurrence for quadratic loss function

Author(s):  
Artem V. Bure ◽  
Author(s):  
Elizabeth Cudney ◽  
Bonnie Paris

Using the quadratic loss function is one way to quantify a fundamental value in the provision of health care services: we must provide the best care and best service to every patient, every time. Sole reliance on specification limits leads to a focus on “acceptable” performance rather than “ideal” performance. This paper presents the application of the quadratic loss function to quantify improvement opportunities in the healthcare industry.


2015 ◽  
Vol 26 (6) ◽  
pp. 1537-1545 ◽  
Author(s):  
Jooyong Shim ◽  
Malsuk Kim ◽  
Kyungha Seok

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