Question: please show me the equation specifically i need help with the annual carrying cost Question 1 StrexCorp uses a highly toxic chemical in its manufacturing

please show me the equation specifically i need help with the annual carrying cost
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 Icad timc 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. gallons per year or gallons per day Demand- Order costs, c. Annual carrying costs, C. - Lead time- Annual cost (S) What is the optimal order quantity? Total cost gallons Slope = 0 Carrying cost-ce What is the total annual minimum inventory cost? TC = Minimum- total cost What is the reorder point? R = Ordering cost-CB gallons Optimal order Qopt Order quantity, If the carrying costs increase, does the optimal order quantity increase, decrease, or stay the same? If the carrying costs increase, docs the reorder point increase, decreasc, or stay the same? Order quantity, Demand rate Inventory level Reorder point, R Lead 1 Lead Time time time Order Order Order Order placed received placed receivedStep by Step Solution
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