1 France Weekly demand is 45 cases. Millennium purchases each case for $120, there is a $275 fixed cost for each order (

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1 France Weekly Demand Is 45 Cases Millennium Purchases Each Case For 120 There Is A 275 Fixed Cost For Each Order 1 (46.27 KiB) Viewed 16 times

1 France Weekly demand is 45 cases. Millennium purchases each case for $120, there is a $275 fixed cost for each order (independent of the quantity ordered), and its annual holding cost is 15 percent. 12 points Sppell Book Hint Print References s. What order quantity minimizes Millennium's annual ordering and holding costs? Note: Do not round intermediate calculations. Round your answer to the nearest whole number. b. If Millennium chooses to order 300 cases each time, what is the sum of its annual ordering and holding costs? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. Costs c. If Millennium chooses to order 125 cases each time, what is the sum of the ordering and holding costs incurred by each case sold? Note: Do not round intermediate calculations. Round your answer to 2 decimal places. cases Costs d. If Millennium is restricted to ordering in multiples of 50 cases (eg, 50, 100, 150, etc.), how many cases should it order to minimize t annual ordering and holding costs? Note: Do not round intermediate calculations. Round your answer to the nearest whole number. per case Custs cases e. Millennium is offered a 5.00 percent discount if a purchases at least 1,000 cases. If it decides to take advantage of this discount, what is the sum of ins annual ordering and holding costs? Note: Do not round intermediate calculations, Round your answer to 2 decimal places.