Question: > Question 11 Use this information for the next four questions: Buds Company is a regional distributor for TNT. They have offered to deliver gunpowder

> Question 11 Use this information for the next four questions: Buds Company is a regional distributor for TNT. They have offered to deliver gunpowder in smaller quantities as production is ready. To consider this option from your supplier you observe that the demand rate for the drums is 1 per day. Buds can make deliveries to TNT in quantities of 3 drums per day. TNT's ordering cost and annual carrying cost percentage are $500 per order and 15 percent, respectively. However, to get drums delivered this way requires an extra cost per drum of 10%. The lead time is 4 days. The company is open 100 days per year. What is the (a) optimal order quantity?(round up to nearest whole number)

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