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Choof.org "News"

April 19, 2002

GM

Jack: My job was to apply the formula [...] You take the number of vehicles in the field (A) and multiply it by the probable rate of failure (B), multiply the result by the average out-of-court settlement (C). A times B times C equals X. If X is less than the cost of a recall, we don't do one. [...]

Lady: Which ... car company do you work for?

Jack: A major one.

Posted by chris at April 19, 2002 10:51 AM

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