The Nate Book Company (NBC) purchases paper from the Gail Metropolitan Paper Company (GMC). NBC produces paperbacks that require 1,215,000 yards of paper per year. The cost per order is $1200; the cost of holding 1 yard of paper in inventory is $0.09 per year. (Use this information to answer questions 8 \& 9 ). 8. If orders are received all at once, what is the minimum total annual cost? a. $16,200 b. $180,000 c. $109,350 d. None of the above 9. How many orders per year will be required? a. 14.02 b. 6.75 c. 16.84 d. 8.5 e. 11.15 f. None of the above