Rajesh $$Indian $$Market $($RIM$)$ is open $12$ months out of the year. At RIM, the demand for rice is very consistent $100$ pounds per month. RIM orders the rice from a distributor in India at an ordering cost of $$50$ per order. Rice cost five dollars per pound, and annual carrying charge is $15\%.$

$1.$ How many orders will RIM place in a year? $($round to the nearest whole number$)$

A$)2$ orders

B$)3$ orders

C$)4$ orders

D$)5$ orders

E$)$ none of the above

$2.$ The EOQ is$?($round to the nearest whole number$)$

A$)566$ pounds

B$)400$ pounds

C$)160,000$ pounds

D$)26,667$ pounds

E$)$ none of the above

$3.$ What is annual ordering cost?

A$)$ $$150$

B$)$ $$175$

C$)$ $$200$

D$)$ $$250$

E$)$ none of the above