### 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.
Include answers to the following:
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

### Dtuitt3

Available solutions
• EXPANSION STRATEGY AND ESTABLISHING A RE-ORDER POINT
\$20.00

ANS

Submitted on: 03 Apr, 2017 10:45:58 This Solution has been Purchased: 1 times

### HENRY

• Case Solutions for Expansions and Reordering Point Computing
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The solution

Submitted on: 03 Apr, 2017 04:24:59 This Solution has been Purchased: 3 times Average Rating for this solution is A+

### Swati4u

• Expansion Strategy and Establishing a Re-Order Point | Rated A+
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Purp

Submitted on: 04 Apr, 2017 11:44:09 This tutorial has not been purchased yet .