The serial number of the product would look like XXX-### where XXX represents the letters and ### represents the number. The letter part of the serial number will be taken from the first 8 letters of the alphabet. To know how many different arrangements of letters can be done, we will be using permutation. The permutation equation is described as
For the permutation of 3 letters, r = 3, for n = 8, the number of possible arrangements is
In a similar manner, we can pick 3 digits out of the 10 digits and arrange them in several manners using the permutation equation. For the digit part, we have r = 3 and n = 10. Computing for the number of possible arrangements for the digit part of the serial number, we have
Finally, to get the overall number of serial numbers that can be generated, let's just multiply the permutation for both letters and digits. We get
Therefore, there are 241920 serial numbers that can be generated.