At larger organizations, processes have a limited time frame, one or more specific objectives, and a temporary organizational structure, and thus often are operated in a more ad-hoc, improvised management style True or False True False 10 7 point a. cases 0014 Now Millennium's Candles is a small wholesaler of luxury candles. Its most popular product is the Vanillo candle, which is shipped directly from Dubai, Weekly demand is 40 cases of these candles. The company purchases each case for about $125, there is a $300 fixed cost for each order (independent of the quantity ordered), and its annual holding cost is just around 15% (Do not round intermediate calculations. Round your answer to the nearest whole number.) What order quantity minimizes Millennium's annual ordering and holding costs? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 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.) if Millennium chooses to order 100 cases each time, what is the sum of the ordering and holding costs incurred by each case sold? b. per case (Do not round intermediate calculations. Round your answer to the nearest whole number) If Millennium is restricted to ordering in multiples of 50 cases (eg. 50, 100, d. 150, etc.), how many cases should it order to minimize its annual ordering and holding costs? cases (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? 11 Marnie owns a boutique which sells colorful swimwear in Helsinki Which key reason for holding Inventory can best help this boutique, to reduce the impact of specific demand variation for her products Seasonality 3 Buffers 30 Batching none of the above all of the above