$($All answers were generated using $1,000$ trials and native Excel functionality.$)$

The management of Madeira Computing is considering the introduction of a wearable electronic device with the functionality of a laptop computer and phone. The fixed cost to launch this new product is $$300,000.$ The variable cost for the product is expected to be between $$128$ and $$192,$ with a most likely value of $$160$ per unit. The product will sell for $$240$ per unit. Demand for the product is expected to range from $0$ to approximately $20,000$ units, with $4,000$ units the most likely.

The data has been collected in the Microsoft Excel file below. Download the spreadsheet and perform the required analysis to answer the questions below. Generate trials on a new worksheet.

Download spreadsheet madeira$-9684$ec$.$xIsx

a$.$ Develop a what$-$if spreadsheet mudel computing profit for this product in the base$-$case, worst$-$ci Numeric field case scenarios. If your answer is negative, use minus sign.

$\backslash$table$[[$Best$-$case profit,$