Purpose of Assignment  This assignment has two cases. The first case is on ex

 
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. 

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Purpose of Assignment 
This assignment has two cases. The first case is on ex appeared first on Lion Essays.