A manufacturer of a certain product can expect that between 0.2 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?  Select the correct option.
A) Between $15,000 and $25,000  B) Between $30,000 and $50,000  C) Between $60,000 and $100,000  D) Between $100,000 and $250,000  E) Between $300,000 and $500,000
Number of defective units is between = .2 % of 20000 and .5% of 20000   = 40 and 100   Retail Price per unit = 2500 $   Expected price of refund is between = 2500 x 40 and 2500 x 100   =1,00,000 and 2,50,000 dollars   Answer Between $100,000 and $250,000
<result>D</result>
A manufacturer of a certain product can expect that between 0.2 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?