Estimated demand for hiking sticks at Sara's Adventure Sports is 8,000 a year. Sara has indicated that ordering costs are $10, and that her distributor applies the following price schedule: 1 to 999 sticks, $12.00 each; 1000 to 1499 sticks, $10.50 each; and 1500 or more sticks, $8.00 each. What order size will minimize total cost in each of the situations below: (1) If Holding cost is $0.10 per stick on an annual basis. (ii) If Holding cost is 2 percent of the price of a stick on an annual basis