The e$-$Paint Store stocks paint in its warehouse and sells it online on its website. The store stocks

several brands of paint; however, its biggest seller is Sharman$-$Wilson Ironcoat paint. The company

wants to determine the optimal order size and total inventory cost for Ironcoat paint given an

estimated annual demand of $23,000$ gallons of paint, an annual carrying cost of $$0\mathrm{.}35$ per gallon,

and an ordering cost of $$750$ per order. It would also like to know the number of orders that will

be made annually. Use the basic EOQ model to solve problems $1-3.$

$1.$ Find the optimal order size. Round to two decimal places and box your answer.

$2.$ Calculate the total annual inventory cost. Round to two decimal places and box your

answer.

$3.$ How many orders will be made annually? Round to one decimal place and box your

answer.