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Business, 19.03.2021 01:20 knowingwhat

The Jawas require 10 credits (non- refundable) each day they go out looking for an engine. If they are successful in nding one, Watto will pay an additional 80 credits to complete the transport of the engine to his shop. It costs him about 160 credits in spare parts to repair the engine when it comes in. Watto estimates that an angry pilot (one that is unable to nd an engine in Watto's shop) costs him about 100 credits in bad publicity. Watto sells all his engines for 1000 credits each. (a) What is the probability Watto has a full inventory

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