Assignment #3: Case Study due before 6:15pm on 11-23-10 John purchased some land for growing grapes. His ultimate goal is to have a successful winery....

Assignment #3: Case Study due before 6:15pm on 11-23-10John purchased some land for growing grapes. His ultimate goal is to have a successful winery. It will take up to eight (8) years to establish a vineyard on his land. In the meanwhile, he plans to buy grapes from nearby growers for wine brewing, so that he can establish his own label of wine. He has decided to make the preliminary planning horizon two (2) years and would like to estimate the profit over that periodHe wishes to invest $10,000 in the purchase of grapes over the first two years. His most immediate task is to decide how much of the $10,000 should be allocated to purchasing grapes for the first year and how much should be allocated to purchasing grapes for the second year. In addition, for each year he must decide how much he should allocate to purchasing grapes to make his favorite Petite Jean and how much to purchasing grapes to make the more popular Manta Blanc, have been capturing the attention of a wider market during the past few years in Georgia. Type of Wine