Refer to the Active Model Exercise provided at the end of Chapter $9$ on pages $376-377$ of text. $[$Students should make use of the Microft Excel file is provided in Module $0,$ which consists setups of all Active Model Exercises.$]$ Please answer the following$$five questions$$related to the Active Model Exercise and submit your answers in the submission window.$($Please ensure to click on "Reset Data"$$button before attempting each question.$)$In your submission, you do not need to rewrite the questions; just itemize the answers as #$1,$ #$2,$ etc.$$ You will be graded based on the accuracy and completeness your answers.Questions$1.$ What is the EOQ and what is the lowest total cost?$2.$ What is the annual cost of holding inventory at the EOQ and the annual cost of ordering inventory at the EOQ?$3.$ From the graph, what can you conclude about the relationship between the lowest total cost and the costs of ordering and holding inventory?$4.$ How much does the total cost increase if the store manager orders twice as many bird feeders as the EOQ? How much does the total cost increase if the store manager orders half as many bird feeders as the EOQ?$5.$ What happens to the EOQ and the total cost when demand is doubled? What happens to the EOQ and the total cost when unit price is doubled?