Skinner’s fish market buys fresh boston bluefish daily for $4.20 per pound and sells it for $5.70 per pound. at the end of each business day, any remaining bluefish is sold to a producer of cat food for $2.40 per pound. daily demand can be approximated by a normal distribution with a mean of 80 pounds and a standard deviation of 10 pounds. what is the optimal stocking level?

Depasquale corporation is working on its direct labor budget for the next two months. each unit of output requires 0.61 direct labor-hours. the direct labor rate is $8.70 per direct labor-hour. the production budget calls for producing 6,700 units in may and 7,100 units in june. if the direct labor work force is fully adjusted to the total direct labor-hours needed each month, what would be the total combined direct labor cost for the two months?