1. what factors might contribute to glaxosmithkline's announcement to discount prices in emerging markets. do you think these reasons are altruistic or self-serving 2. should u. s. consumers pay higher prices for pharmaceuticals than africans? why or why not? 3. should mexican consumers pay higher prices for pharmaceuticals than africans? why or why not? 4. should u. s. consumers pay higher prices than europeans for pharmaceuticals? why or why not? 5. should national governments pay more for locally produced pharmaceutick 6. what challenges might pharmaceutical companies face from widely disparate prices?

This exercise illustrates that poor quality can affect schedules and costs. a manufacturing process has 130 customer orders to fill. each order requires one component part that is purchased from a supplier. however, typically, 3% of the components are identified as defective, and the components can be assumed to be independent. (a) if the manufacturer stocks 130 components, what is the probability that the 130 orders can be filled without reordering components? (b) if the manufacturer stocks 132 components, what is the probability that the 130 orders can be filled without reordering components? (c) if the manufacturer stocks 135 components, what is the probability that the 130 orders can be filled without reordering components?