Company is manufacturing caps in four colors: black, red, white, and blue. The monthly demand for each color is 4,000 units. Each cap requires .5 pound of raw cotton that is imported from the Mogali Textile Company in Mumbai. The purchase price per pound is $3.80. The lead-time is 2 weeks with negligible variability. The cost of placing an order, by KI, is $100 and the annual opportunity cost of capital is 25 percent and other costs associated with holding inventory are negligible. b. How many orders will KI place during the next year? c. What are the resulting annual ordering cost and holding cost?