### Question details

Expansion Strategy and Establishing a Re-Order Point
\$ 20.00

Purpose of Assignment
This assignment has two cases. The first case is on expansion strategy. Managers constantly have to make decisions under uncertainty. This assignment gives students an opportunity to use the mean and standard deviation of probability distributions to make a decision on expansion strategy. The second case is on determining at which point a manager should re-order a printer so he or she doesn't run out-of-stock. The second case uses normal distribution. The first case demonstrates application of statistics in finance and the second case demonstrates application of statistics in operations management.
Assignment Steps
Resources: Microsoft Excel®, Bell Computer Company Forecasts data set, Case Study Scenarios
Write a 1,050-word report based on the Bell Computer Company Forecasts data set and Case Study Scenarios.
Case 1: Bell Computer Company
Compute the expected value for the profit associated with the two expansion alternatives. Which decision is preferred for the objective of maximizing the expected profit?
Compute the variation for the profit associated with the two expansion alternatives. Which decision is preferred for the objective of minimizing the risk or uncertainty?
Case 2: Kyle Bits and Bytes
What should be the re-order point? How many HP laser printers should he have in stock when he re-orders from the manufacturer?
Format your assignment consistent with APA format.

Plagiarism Checker  and Original work  and please have the excel work sent with the case study

Due on: 03 Apr, 2017 12:15:00 Asked on: 31 Mar, 2017 04:22:30
Due Date has already passed, but you can still Post Solutions.

### Dtuitt3

Available solutions
• \$ 15.00
Case Solutions for Expansions and Reordering Point Computing
The solution
This Solution has been Purchased 3 time Submitted on: 03 Apr, 2017 04:24:59 Average Rating for this solution is A+ Word Count 3 Attachments: