Protolabs is one of the companies changing the economics of
injection molding by 3d printing
molds. Why does this change the cost reckoning of injection
molded parts?
Gama-Smith, a pharmaceutical company, develops new drugs for
COVID-19 with other pharmaceutical companies that have the
appropriate production facilities.
When Gama-Smith acquires a stake in a development project, it
makes an initial payment to the other pharmaceutical company. It
then makes a series of further stage payments until the drug
development is complete and it has been approved by the relevant
authorities. In the financial statements for the year ended 30 June
2019, Gama-Smith has treated the different stakes in...
My Capstone project is Ethics of 3D
Printing
1. Who are the stakeholders and how they are impacted both
positively and negatively.
2. What knowledge and skills are needed to implement
sophisticated, appropriate and workable solutions to the complex
global problems facing the world today?
3. What interdisciplinary perspectives would help identify
innovative and non-obvious solutions?
4. What insights can you articulate, based your culture and
other cultures with which you are familiar, to help understand your
world view and...
Pharmaceutical companies spend billions of dollars per year on
research and development of new drugs. The pharmaceutical company
must subject each new drug to lengthy and involved testing before
receiving the necessary permission from the Food and Drug
Administration (FDA) to market the drug. The FDA's policy is that
the pharmaceutical company must provide substantial evidence that a
new drug is safe prior to receiving FDA approval, so that the FDA
can confidently certify the safety of the drug to...
Pharmaceutical companies spend billions of dollars every year on
the research and development of new drugs. Suppose a pharmaceutical
company estimates that if they invest $1 billion on the development
of a new drug, they can expect to earn $500 million in accounting
profit as a result (their stream of future revenue would be $500
million higher than all of their explicit costs, including the
R&D costs). Just based on this information (that
this company can expect to earn $500...
Pharmaceutical companies promote their prescription drugs using
television advertising. In a survey of 75 randomly sampled
television viewers, 12 indicated that they asked their physician
about using a prescription drug they saw advertised on TV.
Develop a 90% confidence interval for the proportion of viewers
who discussed a drug seen on TV with their physician.
(Round your answers to 3 decimal places.)
Is it reasonable to conclude that 26% of the viewers discuss an
advertised drug with their physician?