This report takes what we believe to be the first scientific approach to optimizing a personal wine cellar. We identify the key factors related to optimizing a personal cellar: performance metrics, such as drinking the best possible wine; constraints, such as budget and cellar capacity; and decisions, specifically what to buy and when to consume the purchased wines. We describe the Personal Wine Cellar Optimizer, which is a tool designed to identify the optimum cellar management plan. Using scenarios differing in cellar capacity, cellar life, and wine budget, we examine how the constraints affect the optimal cellar management plan. Using an example of a real cellar, we also illustrate how the recommendations can be used to improve the cellar management. This report is cosponsored by The Vance A. Christian Beverage Management Center, Cornell University School of Hotel Administration.