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please help need it by tonight. will thumbs up if all steps with work. thanks Millennium Uquors is a wholesaler of sparking wines. its most
please help need it by tonight. will thumbs up if all steps with work. thanks
Millennium Uquors is a wholesaler of sparking wines. its most popular product is the French Bete Nolre, which is shipped directly from France. Weekly demand is 50 cases. Mitlennium purchases each case for $100. there is a $275 fixed cost for each order (independent of the quantity ordered), and its annual holding cost is 15 percent. (Do not round intermediate calculations. Round your answer to the nearest whole number) What order quantity minimizes Millennium's annual ordering and holding a. costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If Millenilum chooses to order 250 cases each time, what is the sum of its annual ordering and holding costs? (Do not round intemediate calculations. Round your answer to 2 decimal places ) If Millennium chooses to order 75 cases each time, what is the sum of the . ordering and holding costs incurred by each case sold? per case (Do not round intermediate calculations. Round your answer to the nearest whole number) If Milennium is restricted to ordering in multiples of 50 cases (e g,50,100, d. 150, etc), how many cases should it order to minimize its annual ordering and holding costs? (Do not round intermediate calculations. Round your antwer to 2 decimal places) Millonrium is offered a 5.00 percent discount if it purchases at least 1,000 e. cases. If it decides to take advantage of this discount, what is the sum of its annual ordering and holding costs Step by Step Solution
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