Please use the following information for questions #$1-5.$

Knights Corporation, a leader in residential property management within the Phoenix, AZ area, uses a key supplier for preventative maintenance needs. The company buys regular bleach in bulk, but wants to determine the best order quantity to limit Total Annual Inventory cost for the product. Using the information below, determine the following:

Notation

Amount$/$Quantity

Units

Annual Demand

D

$12,000$

Gallons

Order Cost

K

$$35$

Dollars

Holding Rate

i

$25\%$

Product Cost

c

$$1\mathrm{.}35$

Dollars

Open days per year

$360$

Days