Question: answer E only A Twisted Millennium ('Millennium' for short) is a vinyl record re-seller. Their most popular product is Michael Jackson's Thriller vinyl record, which

answer E only answer E only A Twisted Millennium ('Millennium'
A Twisted Millennium ('Millennium' for short) is a vinyl record re-seller. Their most popular product is Michael Jackson's Thriller vinyl record, which they buy from a music publisher and re-sell in cases to local music shops. The weekly demand is 45 cases of these vinyl records. Twisted Millennium purchases each case for about $105, there is a $350 fixed cost for each order (independent of the quantity ordered), and their annual holding cost is around 20%. (Do not round intermediate calculations. Round your answer to the nearest whole number.) a. What order quantity minimizes Millennium's annual ordering and holding costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) b. If Millennium chooses to order 300 cases each time, what is the sum of its annual ordering and holding costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) c. If Millennium chooses to order 100 cases each time, what is the sum of the ordering and holding costs incurred by each case sold? (Do not round intermediate calculations. Round your answer to the nearest whole number.) If Millennium is restricted to ordering in multiples of 50 cases (e.9.50,100, d. 150, etc.), how many cases should it order to minimize its annual ordering and holding costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Millennium is offered a 5.00 percent discount if it purchases at least 1,000 e. cases. If it decides to take advantage of this discount, what is the sum of its annual ordering and holding costs

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