Another item that Big Apple sells a lot of is an organic Extra Virgin Olive Oil imported from Italy. While restaurants go through a lot of it, Big Apple sells it in 1-liter bottles to make it easy to handle in the kitchen. Using the standard inventory model notation data for this product is as follows: D = 24,000, S = 100, H = 5.50, C = $8.50. They have applied an FOQ approach to correctly determine that their optimum order quantity is 935 bottles. Their supplier only sells this item in cases of 100 bottles, and since 935 is not evenly divisible by 100, they cannot order 935 bottles at a time.

In order to minimize costs, how many bottles should they order each time, while complying with the suppliers case quantity restriction?