Pharma Dev develops and markets new technological products to be used in health care. Once a patent is received by Pharma Dev, the patented technology waits to be developed into a finished product at one of the three independent development centers (the first center that becomes available), and is then launched to the market. Each patented technology is developed at only one center (i.e., no split of development tasks across centers), and each center can only develop a single patented technology at a time. The patent life of each patent is 12 years. On average, Pharma Dev receives a new patent every 5 months (with standard deviation of 5 months). The average development process lasts 12 months (with standard deviation of 24 months). 1. What is the utilization of Pharma Devs development facilities? 2. How long does it take (in months) for an average technology from winning a patent to start the development How many years of patent life remain (in years) for an average product launched to the market? (Choose the closest answer)process? 3. On average how many patented products are either undergoing development or waiting to be developed