Question: Incorrect 0 / 3 pts Question 36 Consider the following data regarding the Fiske Spinner, a rotary device used in the production of the ABS

Incorrect 0 / 3 pts Question 36 Consider the following data regarding the Fiske Spinner, a rotary device used in the production of the ABS Brake Assembly. Product Cost $34.75 Holding Cost 10% of Product Cost Order Cost $375/order Safety Stock 100 units Monthly Demand 2,500 units (assume that demand remains constant throughout the year) What is the total annual inventory cost (including product costs) of the Fiske Spinner? In determining the number of orders per year round up to the nearest whole order and consider all costs associated the spinner inventory. This Problem Counts 3 Points $56.625 $86,875 $1,042.500 $1,051,768 $1,099.125

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