Question: expected to range from 0 to approximately 20,000 units, with 4,000 units the most likely. (a) Develop a what-if spreadsheet model computing profit (in $)

expected to range from 0 to approximately 20,000 units, with 4,000

expected to range from 0 to approximately 20,000 units, with 4,000 units the most likely. (a) Develop a what-if spreadsheet model computing profit (in \$) for this product in the base-case, worst-case, and bestention. base-caseworst-casebest-case$$$ What is the average profit (in \$)? (Round your answer to the nearest thousand.) $1 What is the probability the project will result in a loss? (Round your answer to three decimal places.) (c) What is your recommendation regarding whether to launch the product? The average profit is extremely low, and the probability of a loss is greater than 10%, so Madeira Computing should The average profit is in the negative, so Madeira Computing should not launch this product

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