A method for determining a paint formulation includes: obtaining target color information for a target color, identifying a plurality of toners and corresponding concentrations of the toners in a paint formula that can be used to produce a paint having a color that is similar to the target color, and modifying the paint formula by removing one of the identified toners having a lowest concentration to produce a modified paint formula that can be used to produce a paint having a color that is similar to the target color, and determining if the modified paint formula meets user specified acceptance criteria. An apparatus that can be used to perform the method is also described.