Solved by verified expert:Resources: Microsoft Excel®, Bell Computer Company Forecasts data set, Case Study Scenarios Write a 250-word report based on the Bell Computer Company Forecasts data Attached. Include answers to the following: Case 1: Bell Computer CompanyCompute the expected value for the profit associated with the two expansion alternatives. Which decision is preferred for the objective of maximizing the expected profit?Format your assignment consistent with a managerial report.Note: pay special attention to your reporting, even of an excel sheet. Treat it as a report you are submitting to a coleague or supervisor who is infinitely ignorant and infinitly intelligent. Do not let the reader “pick and choose” the relevant parts. Include only what is relevant, in a crystal clear fashion.
bell_computer_company_forecasts.xlsx
Unformatted Attachment Preview
Medium-Scale
Expansion Profits
Low
Demand Medium
High
Annual
Profit
($1000s)
50
150
200
Large-Scale
Expansion Profits
Annual
Profit
P(x) ($1000s)
20%
0
50%
100
30%
300
P(x)
20%
50%
30%
Expected Profit ($1000s)
Risk Analysis for Medium-Scale Expansion
Annual Profit
(x)
Probability
P(x)
(x – µ)2 (x – µ)2 * P(x)
Demand $1000s
(x – µ)
Low
50
20%
Medium
150
50%
High
200
30%
σ2 =
σ=
Risk Analysis for Large-Scale Expansion
Annual Profit
(x)
Probability
P(x)
(x – µ)2 (x – µ)2 * P(x)
Demand $1000s
(x – µ)
Low
0
20%
Medium
100
50%
High
300
30%
2
σ =
σ=
…
Purchase answer to see full
attachment
You will get a plagiarism-free paper and you can get an originality report upon request.
All the personal information is confidential and we have 100% safe payment methods. We also guarantee good grades
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more