A fish store buys fresh tuna daily for $4.20 per kg and sells it for $5.70 per

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A fish store buys fresh tuna daily for $4.20 per kg and sells it for $5.70 per kg. At the end of each day, any remaining tuna is sold to a producer of cat food for $2.40 per kg. Daily demand for tuna at the fish store can be approximated by a Normal distribution with a mean of 80 kg and a standard deviation of 10 kg. What is tire optimal stocking level? Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Operations Management

ISBN: 978-0071091428

4th Canadian edition

Authors: William J Stevenson, Mehran Hojati

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