. Cost-category Inclusions Equation ∑ Human Capital Re-placement cost per RN Specific to-ward re-placement of CNE? Melbin, M & Taub, D. 1966 3 categories of cost: Measurable, Hard-to-calculate,. announced that 17% of all CEO positions changed in 2001 as well as in the five-year span pre-viously studied [7]. Some geographic regions expe-rienced higher-than-average rates of CEO turnover,. hospitals $42,00 0-$ 64,000 $37,00 0-$ 41,000 1. 1-1 .6 N/A Stone, et al, 2003 4 units in each of 6 hospitals $21,514 N/A N/A N/A Waldman, et al 1 hospital $23,48 7-$ 31,486 $32,000 0. 7-1 .0 $6. 1-$ 8.2 million...