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Virk, Makkar, and Luu own a small specialty wine store that specializes in imported wine from Germany. The specialty wine store purchases wine at 5

Virk, Makkar, and Luu own a small specialty wine store that specializes in imported wine from Germany. The specialty wine store purchases wine at 50 cases/order, and has done so for the past 3 years. The store is improving their operation and have determined that their ordering cost is $30/order, with their inventory holding cost as $15/case/year. For the next fiscal year, Virk, Makkar, and Luu have projected their sales volume to be 75 cases/month.(6 points).Virk, Makkar, and Luu own a small specialty wine store that specializes in imported wine from Germany. The specialty wine store purchases wine at 50 cases/order, and has done so for the past 3 years. The store is improving their operation and have determined that their ordering cost is $30/order, with their inventory holding cost as $15/case/year. For the next fiscal year, Virk, Makkar, and Luu have projected their sales volume to be 75 cases/month.(6 points).

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