1) Pioneer Electronics buys video cards at $71 each. The annual demand is 11,475, the annual holding cost is 16% of the purchase price, and the set up cost is $1,085/order. If the order size is 926, how many orders will be placed each year?

2) Pioneer Electronics buys video cards at $72 each. The annual demand is 10,310, the annual holding cost is 17% of the purchase price, and the set up cost is $977/order. If the order size is 1,105, what is the total set up (ordering) cost for the whole year?

3) Pioneer Electronics buys video cards at $84 each. The annual demand is 10,399, the annual holding cost is 18% of the purchase price, and the set up cost is $1,094/order. If the order size is 958, what is the total cost of holding inventory (including the set up cost)?