Skinner’s Fish Market buys fresh Boston bluefish daily for ​$4.10 per pound and sells it for ​$5.60 per pound. At the end of each business​ day, any remaining bluefish is sold to a producer of cat food for ​$1.60 per pound. Daily demand can be approximated by a uniform distribution between 180 and 350 pounds.   The optimal order quantity is   pounds ​(round your response to the nearest ​integer).

Purchasing and Supply Chain Management
6th Edition
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Chapter16: Lean Supply Chain Management
Section: Chapter Questions
Problem 10DQ: The chapter presented various approaches for the control of inventory investment. Discuss three...
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Skinner’s Fish Market buys fresh Boston bluefish daily for
​$4.10 per pound and sells it for ​$5.60 per pound. At the end of each business​ day, any remaining bluefish is sold to a producer of cat food for ​$1.60 per pound. Daily demand can be approximated by a uniform distribution between 180
and 350 pounds.
 
The optimal order quantity is
 
pounds ​(round your response to the nearest
​integer).
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