Question $16$

$3$ pts

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. Assume Millennium Liquors operates $52$ weeks in a year. Millennium annual holding cost is $20$ percent. If Millennium is restricted to ordering in multiples of $50$ cases $($e$.$g$.,50,100,150,$ etc.$),$ how many cases should it order to minimize its annual ordering and holding costs? $($round to the nearest integer$)$