Millennium Liquors is a wholesale of sparkling wines. Its most popular product is the French Bete Noire, which is shipped directly from France. Weekly demand is 45 cases. Millennium purchases each case for $120, there is a $300 fixed cost for each order, and its annual holding cost is $30 Questions: - If Millennium order 300 cases each time, what is its annual inventory cost? - Is 300 cases the best quantity? Why? - If Millennium is restricted to ordering multiples of 50 cases. What is the best quantity to minimize annual inventory cost Millennium doesn't have any ordering constrain. To encourage Millennium to order a batch, suppliers offers a 5% discount if the purchases is at least 1000 cases. What is the best quantity to order