Question
As a result of changes in ingredient prices, MedFirst Pharmaceuticals is reevaluating the formulation of its top selling LeanNFit drug. The original patent and FDA
As a result of changes in ingredient prices, MedFirst Pharmaceuticals is reevaluating the formulation of its top selling LeanNFit drug. The original patent and FDA approval allows this medication to be made with varying formulations so long as minimum or maximum thresholds for each ingredient are maintained The three main ingredients must have the following: ? A: At least 18% ? B: No more than 20% ? C: At least 30% When taking LeanNFit, the body metabolizes A, B, and C at different rates resulting in a particular amount of active compound available to the body. Specifically, each ingredient adds the following: ? A: 60 mg active compound per pound ? B: 20 mg active compound per pound ? C: 70 mg active compound per pound The cost per pound of each ingredient now runs as follows: ? A: $42 50 ? B: $18.50 ? C: $76.40 Finally, the firm needs to make 10-pounds of the drug and it must result in a mix that makes between 40 and 55 mg per pound of the active compound available once in the body. The firm wants to minimize the cost.
Question 22 (1 point) Question 23 (1 point) Question 24 (1 point) Question 25 (1 point) What is the cost for the 10-pounds of the new formula? TStep by Step Solution
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