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6 A painting contractor uses 30 gallons of paint per day. The holding cost per gallon per unit time is $0.05. Every time paint is
6 A painting contractor uses 30 gallons of paint per day. The holding cost per gallon per unit time is $0.05. Every time paint is ordered, there is a fixed cost of $100. Suppose that no shortage is allowed and the purchasing cost per gallon is $10 for any quantity less than or equal to q = 300 and $8 otherwise. Find the economic lot size. What is the answer if q = 500 instead
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