A company makes headsets. 3.5% are faulty, the company tests the headset to find the faulty ones which they then scrap.
Posted: Tue Jul 12, 2022 12:53 pm
A company makes headsets. 3.5% are faulty, the company tests the headset to find the faulty ones which they then scrap. Suppose the company makes a $334 profit on each sale, but suffers a loss of $12 for every headset they scrap. What is the profit(or loss) the company can expect to make from producing 100 units?.