Question: Come up with initial equations from main problem and then solve for each part using those equations. 2. 75 POINTS My father has a 500-gallon

Come up with initial equations from main problem and then solve for each part using those equations. Come up with initial equations from main problem

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. a. 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 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

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