Use the Table Below to Answer the Following Question(s) -Which of the Following Conditions Is a Solution to the Pharmaceuticals

question 8

Multiple Choice

Use the table below to answer the following question(s) .
Dresden Pharmaceuticals has decided to go ahead and start clinical trials on a potential new drug.The total R&D costs are estimated to reach around $875,000,000 with clinical trials mounting to $145,000,000.The current market size is estimated to be around 3,000,000 and is expected to grow at 4 percent every year.The market share Dresden hopes to capture in the first year is 7 percent, and is projected to grow by 25 percent each year for the next 4 years.A monthly prescription is anticipated to generate revenue of $420 while incurring variable costs of $150.A discount rate of 8 percent is assumed.
$$\begin{array}{l}\text { Dresden Pharmaceuticals }\\\begin{array} { | l | l | } \hline \text { Data } & \\\hline & \\\hline \text { Market Size } & 3,000,000 \\\hline \text { Unit (monthly Rx) revenue (\$) } & 420 \\\hline \text { Unit (monthly Rx) cost (\$) } & 150 \\\hline \text { Discount Rate ( per cent) } & 8 \\\hline & \\\hline \text { Project Costs } & \\\hline \text { R\&D (\$) } & 875,000,000 \\\hline \text { Clinical Trials (\$) } & 145,000,000 \\\hline & \\\hline\end{array}\end{array}$$
-Which of the following conditions is a solution to the newsvendor problem, where Q is the quantity to be purchased, and D is demand?

• A)Q > D
• B)Q = D
• C)D > Q
• D)Q / D = 0

Identify the components and application of the PICOT process in clinical question formulation.

Understand the importance of Institutional Review Board (IRB) approval in research involving human subjects.

Grasp Maslow's hierarchy of needs and its application to patient care priorities.

Recognize the significance of caring in nursing practice according to different nursing theorists.

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