Miss Natalia

(14)

$20/per page/Negotiable

About Miss Natalia

Levels Tought:
Elementary,High School,College,University

Expertise:
Accounting,Business & Finance See all
Accounting,Business & Finance,Calculus,Computer Science,Environmental science,Health & Medical Hide all
Teaching Since: Apr 2017
Last Sign in: 360 Weeks Ago
Questions Answered: 6064
Tutorials Posted: 6070

Education

  • Doctor of Education in Educational Leadership with a Specialization in Educational Technology
    Phoniex University
    Oct-1999 - Nov-2005

Experience

  • HR Executive
    a21, Inc.
    Nov-1998 - Dec-2005

Category > Business & Finance Posted 15 May 2017 My Price 6.00

Which decision is preferred for the objective of maximizing the expected profit?

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.

 

Grading Guide

 

Content

Met

Partially Met

Not Met

Comments:

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?

 

 

 

 

 

 

3

#/3

 

 

 

Writing Guidelines

Met

Partially Met

Not Met

Comments:

The paper—including tables and graphs, headings, title page, and reference page—is consistent with APA formatting guidelines and meets course-level requirements.

 

 

 

 

Intellectual property is recognized with in-text citations and a reference page.

 

 

 

 

Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper.

 

 

 

 

Sentences are complete, clear, and concise.

 

 

 

 

Rules of grammar and usage are followed including spelling and punctuation.

 

 

 

 

 

 

Total Available

Total Earned

 

 

 

2

#/2

 

 

 

Assignment Total

#

5

#/5

 

Additional comments:

 

 

 

 

 

Attachments:

Answers

(14)
Status NEW Posted 15 May 2017 03:05 AM My Price 6.00

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