What is the probability that irwin places a second order

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Reference no: EM133723592

Problem

Suppose Irwin's finds a supplier for this particular fan model who is able to deliver to Irwin in 2 days and customer are willing to wait that long. The supplier charges a premium of 10 per fan for the expedite shipping on top of the regular cost of $40. What is the probability that Irwin places a second order?

Reference no: EM133723592

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