Week 7, Assignment 3Assignment 3: Prescribing Policies PAD 520– Policy Analysis and Program EvaluationDr. Jacqueline ThomasYulonda Gravette JacksonFebruary 24, 20141. Determine the following before deciding a prescription: (a) maximize effectiveness at the least cost; Problems of this type involve variable costs and variable effectiveness. For instance, the choice of a most favorable budget to make the most of the accomplishment of agency objectives is a type III problem. The reaction to type III problems is called variable-cost-variable-effectiveness examination.(b) maximize effectiveness at a fixed cost of $10,000; When maximum acceptable budgetary expenditure aims at fixed costs, the motto is to maximize effectiveness within the limits of existing resources. For instance, given a fixed budget of $10,000 million for both of two programs, a health policy forecaster will recommend the option that results in answer to type I problems.(c) achieve a fixed-effectiveness level of 6,000 units of service at a fixed cost of $20,000; Problems of this type engross EQUAL costs as well as equivalent effectiveness. This is the situation which pertains Type IV problems, which are fixed cost and effectiveness analysis, are particularly not easy to solve.