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Role
A restaurant chain wants a fixed wing price for next quarter. What should I quote?
With Orbbit Data
Used Orbbit Data
Wings are $1.11/lb, but ran from $0.83 to $1.25 since April. Quote $1.25 so a summer spike can't sink the deal.
New message
ToPat · Chain purchasingSubjectWing pricing for next quarter
Hi Pat,
USDA wholesale wings are $1.11/lb this week, after peaking at $1.25 on Aug 3. We can hold wings at $1.25/lb for next quarter.
Best, Chris
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Without Orbbit Data
Searched the web
I don’t have complete, current data, only older or partial information I found online. I only found an old June report on wings, so I can't suggest a safe price to quote.
New message
ToPat · Chain purchasingSubjectWing pricing for next quarter
Hi Pat,
Wings are trading near ???. We can hold wings at ??? for next quarter.
Best, Chris
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Task