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A company considering producing a new product. Fixed cost will be $60,000 with variable cost per set are $15. The product will be sell for

  1. A company considering producing a new product. Fixed cost will be $60,000 with variable cost per set are $15. The product will be sell for $30 per unit. Manager think demand might be as high 16,000 units and might go as low as 6,000 units. break even point = 4000 . expected money value = 330,000

  1. Find Standard Deviation for this problem
  2. Find the Probability of breaking event point.

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