For questions 1-4, please use the following scenario: Rocky Mountain Power (RMP) maintains an inventory of spare parts that is valued at nearly $8 million. This inventory is composed of thousands of different stock-keeping units (SKUs) used for power generation and utility line maintenance, and the inventory balances are updated on a computerized information system. Glass insulators (i.e., SKU 1341) have a relatively stable usage rate, averaging 20 items per week. RMP purchases these insulators from the manufacturer at a cost of $20 per unit delivered to the Denver warehouse. An order for replenishment is placed whenever the inventory balance reaches a predetermined reorder point. The cost that is associated with placing an order is estimated to be $30. This includes the cost of order processing, receiving, and distribution to outlying substations. An estimate of the annual inventory holding cost for SKU 1341 is $6 per unit. This holding cost represents a 30 percent opportunity cost of capital. SKU 1341 is essential, and RMP must avoid depleting its stock of this item. Assume RMP operates 50 weeks a year. Question 1 (1 point) Suppose RMP orders 500 units at a time. How many orders does RMP place in a year? (Rounding your answer to 2 decimal places)