Questions \#8, and \#9 are about the following situation. At Lowes distribution center in North Las Vegas the monthly demand for a popular kitchen cabinet door handle is 370 handles. Lowes purchases the cabinet door handles from a hardware manufacturer for $2.35 each. The annual inventory holding rate, i.e., carrying cost as a percent of unit sales, is 25%. Lowes incurs a cost of $27 for preparing and sending each purchase order to the manufacturer. The distribution center operates 365 days a year. If the distribution center aims to minimize total annual inventory costs, how often should it send a purchase order for cabinet door handles to the manufacturer? This question is about the situation described in Question \#8. Which of the following statements about the distribution center's annual ordering cost for this cabinet handle is true? The annual ordering cost of $187.66 is the same as annual holding cost. The annual ordering cost of $132.69 is less than the annual holding cost. The annual ordering cost of $390.64 is less than the annual holding cost. The annual ordering cost of $54.17 is the same as the annual holding cost