Question: this is the 5th tome im posting this question. The only answer thats been right is the -300,000. please solve correctly for Best case base

this is the 5th tome im posting this question. The only answer thats been right is the -300,000. please solve correctly for
Best case
base case
average profit
probability of loss
this is the 5th tome im posting this question. The only answer

(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 varlable 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. (a) Develop a what-if spreadsheet model computing profit for this product in the base-case, worst-case, and best-case scenarios. If your answer is negative, use minus sign. Best-case profit s Worst-case profit Base-case profit (b) Model the variable cost as a uniform random variable with a minimum of $128 and a maximum of $192. Model the product demand as 1,000 times the value of a gamma random variable with an alpha parameter of 3 and a beto parameter of 2 . Construct a simulation model to estimate the average profit and the probability that the project will result in a loss. Round your answers to the nearest whole number. Average Profit s 8 Probability of a toss 396 (c) The average profit is and the probability of a loss is than 20%. Thus, Madeira Computing want to launch the product if they have low risk tolerance

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