OG 2016 Tracker >>> OG2016 Problem Solving Video Solutions (OG Practice)



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OG2016 PS Practice #30.
A manufacturer of a certain product can expect that between 0.3 percent and 0.5 percent of the units manufactured will be defective. If the retail price is $ 2,500 per unit and the manufacturer offers a full refund for defective units, how much money can the manufacturer expect to need to cover the refunds on 20,000 units?
(see OG book)
(see OG book)
(see OG book)
(see OG book)
(see OG book)

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