Supply chain expert reveals methodology behind Bordeaux pricing model
Wednesday, June 24, 2020 - 02:30
in Mathematics & Economics
What is the value of a really good bottle of Bordeaux? Not one that can be bought at the neighborhood wine store for $20, nor even a $100 bottle that might be purchased at a fancy restaurant. How much should collectors and wine distributors pay for those rarified fine wines that, when mature, might sell for thousands of dollars?