Question: Question 29 (10 points) The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order

 Question 29 (10 points) The manager of the Quick Stop Corner

Question 29 (10 points) The manager of the Quick Stop Corner Convenience Store (which never closes) sells four cases of Stein beer each day. Order costs are $20.00 per order, and Stein beer costs $8.00 per six pack (each case of Stein beer contains four six packs). Orders arrive three days from the time they are placed. Daily holding costs are equal to five percent of the cost of a Stein beer case. If he were to order 16 cases of Stein beer at a time, what would be the average inventory level? 4 cases C 16 cases C 8 cases 12 cases 20 cases

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