Question $1$

StrexCorp uses a highly toxic chemical in its manufacturing process. The chemical must be delived by special trucks designed for the safe shipment of dangerous chemicals, so delivery$/$ordering costs are high at $$2,600$ per order. The lead time from order placement until receipt is $10$ days. The cost of holding the chemical in storage is $$50$ per gallon per year. The annual demand for the chemical is constant at $2000$ gallons per year. The company operates $310$ working days per year.

Compute the optimal order quantity, the total minimum inventory cost, and the reorder point.