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The Chemco Company uses a highly toxic chemical in one of its manufacturing processes. It must have the product delivered by special cargo trucks designed

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The Chemco Company uses a highly toxic chemical in one of its manufacturing processes. It must have the product delivered by special cargo trucks designed for safe shipment of chemicals. As such, ordering (and delivery) costs are relatively high, at $3,850 per order: The chemical product is packaged in one-gallon plastic containers. The cost of holding the chemical in storage is 546 per galion per year. The annual demand for the chemical, which is constant over time, is 7,500 gallons per year. The lead time from time of order placement until reccipt is 11 days. The company operates 314 working darys per year. Compute the optimal order quantity, total minimum imventory cost, and the reorder point. (Reund optimal number of s allions to order to 1 decimal place, es. 52.7 and other answers to 2 decimal places, es. 52.75.) Optimal number of gallons to order Ballons Total minimum inventory cost s Reorder point gallons

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