3. For the Moore Pharmaceuticals model, suppose that analysts have made the following assumptions:

R&D costs: Triangular($500, $700, $800) in millions of dollars Clinical trials costs: Triangular($135, $150, $160) in millions of dollars Market size: Normal(2,000,000, 250,000)

Market share in year 1: Uniform(6%, 10%)

All other data are considered constant. Develop and run a Crystal Ball model to forecast the NPV and cumulative net profit for each year. Summarize your results in a short memo to the R&D director.