Originally Posted by lammtarra:
“We should be careful not to take Myles's word that it must have been a bad product because he, Myles, is a great salesman.
Yes, it was the wrong choice but not by a huge degree, based on vendors' sales to date of 11 @ £11,000 = £121,000 for the folding gadget as against 6 @ £17,000 = £102,000 for the campervan. This is margin of error territory: one more van sale and they are level-pegging.”
Agreed. Although I think there were two versions of the camper van, the cheaper of which was something like £13,000. Regardless, your logic still stands but Neil's does also - the greater rate of sale suggests a lower degree of risk. To take it to its extreme, you'd be more confident of generating something from a £100 product which typically sells 100 units a day than a £10,000 product which typically sells one a day, even though the projected daily sales are £10,000. But there wasn't as much in it as the episode suggests.
In fact, this task annoys me slightly because it was clearly always likely to hinge on one or two huge sales - the accessories part was almost irrelevant. That meant that there was quite a high degree of randomness in the task outcome. That's the case in many tasks, true, but this one even more so.