3. The sales manager of Beta Co. is highly experienced in the fad market. He is sure that the sales of JUMBO (during the period it has special appeal) will not be less than 25,000 units. The plant capacity limits the total production to a maximum of 80,000 units during the JUMBO's brief life. according to the sales manager, there are two chances in five for a sale volume of 50,000 units. The probability that it will be more than 50,000 units is four times the probability that it will be less than 50,000. If the sales exceed 50,000 units, volumes of 60,000 and 80,000 are equally. A 70,000 unit volume is four times as likely as either. It costs K30 to produce a unit of JUMBO whereas the selling price is estimated at K50 per unit. Initial investment is estimated at K800,000. Should the venture to produce be undertaken? (25 marksl