Question 1
1 pts
Newsvendor problem: Samantha Brons sells fresh salmon at her store daily. She estimated that
the demand for salmon follows a normal distribution with a mean of 118 pounds and a standard
deviation of 22 pounds. She pays $7 for a pound of fish, which sells for $16. Any fish not sold
that day are sold to another store for $4 per pound. According to this given information, how
many pounds should she order everyday? (Do not round your intermediate calculations. Round
your final answer to the nearest whole number. Only enter the number. Do not enter any units.