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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 B4, 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 8,000 bottles
costs Jamal $2.34 per year to own a bottle of Dinner
imal also incurs a cost of $15.00 every time he places an order for Dinner from the brewery
In cell C27, calculate the annual demand.
Note: This must be a formula.
In cell C31, 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 C33, using the Order Quantity found in C30, 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 C34, what is the annual holding cost of bottles of Dinner?
ote: This must be a formula.
\table[[Annual Demand (D),],[Holding Cost per unit per year (H),$2.34
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