First complete the data cells in Excel, then Write a 850-word MINIMUM report based on the Bell Computer Company Forecasts data set and Case Study Scenarios.

Include answers to the following (Students are to compete both cases.):

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?

100% Original work, references cited.

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