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structions: In cell B 4 , enter your full name. oblem: mal Smith, the owner of Maine Beverages, is trying to figure out how much
structions:
In cell B enter your full name.
oblem:
mal Smith, the owner of Maine Beverages, is trying to figure out how much money he will spend on holding inventory on one of his highest selling beers, Dinner, in a year.
inner has a monthly demand of bottles
costs Jamal $ per year to own a bottle of Dinner
imal also incurs a cost of $ every time he places an order for Dinner from the brewery
In cell C calculate the annual demand.
Note: This must be a formula.
In cell C how many bottles of beer should Jamal order at a time as to minimize is inventory costs?
Vote: This must be a formula.
o not round this numberl Keep it as the decimal.
In cell C using the Order Quantity found in C what is the average amount of bottles of Dinner that Jamal will have on hand?
lote: This must be a formula and use cell references.
In Cell C what is the annual holding cost of bottles of Dinner?
ote: This must be a formula.
tableAnnual Demand Holding Cost per unit per year $
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