Martin Luther King Day occurs on the third Monday in January. Write a formula that computes (given the year) the date of Martin Luther King Day. First determine the day of the week for January 1 of the given year.

A major drug company is trying to determine the correct plant capacity for a new drug. A unitof annual capacity can be built for a cost of $10. Each unit of the drug sells for $12 and incurs variable costs of $2. The drug will be sold for 10 years. Develop a worksheet that computes the company’s 10-year profit given the chosen annual capacity level and the annual demand for the drug. Assume demand for the drug is the same each year. You can ignore the time value of money in this problem.