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Project Hope: Develop a vaccine to prevent HIV infection. Project Release: Develop a. more effective drug to lower blood. pressure. For each of the five

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Project Hope: Develop a vaccine to prevent HIV infection. Project Release: Develop a. more effective drug to lower blood. pressure. For each of the five projects, you are only able to specify the medical ailment the research should address since you do not know what compounds will exist and be effective without research. You also have five senior scientists to lead the five projects. You know that scientist are very temperamental people and will only work well if they are challenged and motivating, you have established a bidding system for the projects. You have given each of the ve scientists 1,000 bid points. They assigned bids to each project, giving a higher number of bid points to projects they most prefer to lead. The following table provides the bids from the five senior scientists for the five individual projects: m M arm-ed game one zoo 1oo 153 33 Prvject chum zoo aoo 1oo as 33 Prvject Hope zoo 0 mo 451 34 Project Release :Loo o too so can 'I'ou decide to evaluate a variety of scenarios you think are likely. 1In general, patents protect inventions for 1? years. In 1995, GA'IT legislation extending the protection given by new pharmaceuticat patents to 2:] years onetime effective. The patent for Tater's hypertension drug was issued prior to the GA'I'I' legislation, however. Thus, the patent onty protects the drug for 1'.Ir years. a. Given the bids, you need to assign one senior scientist to each of the five projects to maximize the preferences ofthe scientists. What are the assignments? b. Dr. Rollins is being courted by Harvard Medical School to accept a teaching position. You are ghting desperately to keep her at 'Fazer, but the prestige of Harvard may lure her away. if this were to happen, the company would give up the project with the least enthusiasm. which project would not be done? c. You do not want to sacrifice any project since researching only four projects decreases the probability of nding a breakthrough new drug. You decide that either Dr. Zuner or Dr. Mickey could lead two projects. Under these new conditions with just four senior scientists, which scientists, will lead which projects to maximize preferences

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