A local service station is open $7$ days per week, $365$ days per year. Sales of $10$W$40$ grade premium oil average $20$ cans per day. Inventory holding costs are $$0\mathrm{.}50$ per can per year. Ordering costs are $$10$ per order. Lead time is two weeks. Backorders are not practical the motorists drive away.

Based on these data, choose the appropriate inventory model and calculate the economic order quantity and reorder point. Describe in a sentence how the plan would work. $[5$ Points$]$

Hint: Assume demand is deterministic.