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Chris M., M.S.W. Social Work
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22. The General Chemical Company uses 150,000 gallons of hydrochloric

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22. The General Chemical Company uses 150,000 gallons of hydrochloric acid per month. The cost of carrying the chemical in inventory is 50 cents per gallon per year, and the cost of ordering the chemical is $150 per order. The firm uses the chemical at a constant rate throughout the year. It takes 18 days to receive an order once it is placed. The reorder point is _____ gallons. (Please calculate the arithmetic solution and show your work)
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