QUESTION: Using the data provided in Problem C, determine the total annual cost (in dollars) to Veritable Vegetables of ordering and carrying cases of frozen broccoli in inventory if management decides to keep a safety stock of 100 cases of broccoli.

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Problem C (10 points) Veritable Vegetables makes canned soups. Veritable orders 10,000 cases of frozen broccoli per year from Billy Goat Farms. You have the following additional information: The average cost (in the purchasing and accounting departments) to place and process a single order with Billy Goat Farms is $5. The average cost (in the factory) to receive and inspect a single order received from Billy Goat Farms is $20 The average annual cost to hold a case of broccoli in inventory is $8. The current purchase price of one case of broccoli is $40