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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 50 cases. Millennium purchases each case for $110, there is a $350 fixed cost for each order (independent of the quantity ordered), and its annual holding cost is 25 percent. millenium chooses to order 350 cases each time, what is the sum of its annual ordering and holding costs

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