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Millennium Liquors is a wholesaler of sparkling wines. Its most popular product is the French Bete Noire, which is shipped directly from France. Weekly demand
Millennium Liquors is a wholesaler of sparkling wines. Its most popular product is the French Bete Noire, which is shipped directly from France. Weekly demand is cases. Millennium purchases each case for $ there is a $ fixed cost for each order independent of the quantity ordered and its annual holding cost is percent.
Do not round intermediate calculations. Round your answer to the nearest whole number.
a What order quantity minimizes Millennium's annual ordering and holding costs?
Do not round intermediate calculations. Round your answer to the nearest whole number.
If Millennium chooses to order cases each time, what is the sum of its annual
b ordering and holding costs?
Do not round intermediate calculations. Round your answer to decimal places.
cHoMiling cuss chouses boy eder to esseg each tme., What is the sum of the ordering and
Do not round intermediate calculations. Round your answer to the nearest whole
number.
Do not round intermediate calculations. Round your answer to the nearest whole number.
Millennium is offered a percent discount if it purchases at least cases. If it decides
e to take advantage of this discount, what is the sum of its annual ordering and holding
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