After reading the example above where one can see how probability values can be

After reading the example above where one can see how probability values can be used in managerial decision-making to establish a product guarantee, post a comment where you think probability could be used to help solve other management-type questions/problems. Think of something at work, past or present, where you could apply the techniques in the example to assist in making the best decision. If you can’t draw on life experience, then think of a product/issue where this process could be applied. Please explain your answer. Remember to cite your resources and use your own words in your explanation.
Read the attached document to see how probability values are used by managers to make business decisions. The entire problem is worked out from start to finish and should help you in your computations in the unit.

This is a statistics class