Question: ASSIGNMENT 5 - SPRING 2021-3 Mailings Review View AaBbCcDdEe AaBbCcDdE AaBbCcDC A Normal No Spacing Heading xes, and improvements, choose Check for Updates. 2. 75

ASSIGNMENT 5 - SPRING 2021-3 Mailings Review View
ASSIGNMENT 5 - SPRING 2021-3 Mailings Review View
ASSIGNMENT 5 - SPRING 2021-3 Mailings Review View AaBbCcDdEe AaBbCcDdE AaBbCcDC A Normal No Spacing Heading xes, and improvements, choose Check for Updates. 2. 75 POINTS My father has a 500-gallon gas tank on his farm. We use about 20 gallons per week for vehicles, off-road equipment and farm equipment. Kunkle Oil fills the tank at our request. We pay about $3.50 per gallon plus a $50 delivery fee. Our annual cost of storing one gallon of gas is about 12% of our cost per gallon When we call Kunkle for a delivery, how many gallons should we order? ROUND TO THE NEAREST 100 gallons Assume 52 weeks per year. SHOW ALL YOUR WORK IN THE BOX BELOW. ELSE, NO CREDIT 40 points States es Mailings Review View IM AaBbCcDdEe ABCcDdEe AaBbcc Normal No Spacing Heading fixes, and improvements, choose Check for Updates. b. What's our total annual ordering cost and Inventory carrying cost? Round your answer to the nearest dollar SHOW ALL WORK IN THE BOX BELOW, ELSE, NO CREDIT. 20 points b. It takes Kunkle Oil 2 weeks to make a delivery after we call to request one. Yes, it really does. What is our reorder point? That is, we should call Kunkle Oil when we have HOW MANY gallons left in the tank? SHOW ALL WORK IN THE BOX BELOW, ELSE, NO CREDIT 15 points States)

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