Orchid Biotech Company is evaluating several different development projects for experimental drugs. Although the cash flows are difficult to forecast, the company has come up with the following estimates of the nitial capital requirements and NPs for the prosects. Given a wide variety of saling needs, the company has also estimated the number of research scientists required for each development project (all costs given in millions of dollars) Project Initial Capital Number of Research Number 1$) Scientists NPV (5) 1 10 2 10.1 II 15 3 19.0 15 6 22.0 M 20 25.0 V 30 12 602 a. Suppose that Orchid has a total buget of 500 milion. How should it in these projects? b. Soose that Orchid currently has 12 torch scientists and does not iniciate being able to more in the near future. How should Orchidacionit teseries? Suppose that Orchid has a total capital budget of 60 milion. How should prioritize these projects The protiably nextor Projects Round to two doonial places) The profiles for Projects (Round to two decimal place) The profanity nextor Project Round to two decimal places The prototy for Prop IV Round to two decades) or your answersach of the Danes This Question: 3 pts 7 of 7 (2 complete) Orchid Biotech Company is evaluating several different development projects for experimental drugs. Although the cash flows are difficult to forecast, initial capital requirements and NPVs for the projects. Given a wide variety of staffing needs, the company has also estimated the number of research are given in millions of dollars) NPV (5) 10.1 Project Number 1 11 III IV V Initial Capital Number of Research ($) Scientists 2 3 4 3 12 V 19.0 22.0 25.0 60.2 IN None a. Suppose that b. Suppose that o The profitability in IV capital budget of $60 million. How should it prioritize these projects? has 12 research scientists and does not anticipate being able to hire more in the near future. How should Orchid prioriti Vis. (Round to two decimal places.) ow should Orchid Biotech Company prioritize these projects? (Select from the drop-down menus.) Based on the profi Selected first Selected second Selected third b. Suppose that Orchid currently has 12 research scientists and does not anticipate being able to hire more in the near future. How should Orchid crioritize Enter your answer in each of the answer boxes PUUS. Given a wide variety of staffing needs, the company has als Duy are given in millions of dollars). Project Initial Capital Number of Research Number ($) Scientists NPV (5) 10 2 10.1 15 3 19.0 15 4 22.0 IV 20 3 25.0 V 30 12 60.2