Ed, as I say I am so mad that I dumped all my old 727 fuel use charts.
FAA fuel for the trip @ M.78 = fuel to destination + 45 minutes reserve VFR (no alternate). If you need an alternate you must add fuel to the most distant alternate @ LRC (long range cruise) if you have more than one.
Let's say you want to go KLGA to KSTL, about a two hour trip. The weather is bad enough to require an alternate. You use KMCI( Kansas City, MO.) as your alternate about one hour. We used to figure 10,000 pounds per hour at the old M.86, but at slower speed of say M.78 lets figure 8,000 pounds per hour. That should cover T/O & climb. All this and we still need to look at the wind (140 pounds per minute for fuel).
Trip fuel = 16,000
Alternate = 8,000
-------------------------
24,000
But you still need some extra fuel for the descent into KSTL and a missed approach and climb to go to KMCI. Then you need some extra fuel to maneuver around for the approach at KMCI and a little bit of comfort fuel for momma and the kids!

Try this...
Put 30,000 pounds of fuel on the plane and a good load of people. Climb up to FL 310 or FL330. Set cruise for around M.78. After the plane settles down for a bit and is holding M.78 have a look at the FF. If the numbers come out to around 8,000 pph (2,650FF per engine) your good!
Not sure the CS FF numbers are exact, but give it a tryNobody that I know would like to land the 727 with less than 8,000 pounds of fuel & if the weather was iffy, I'd use 10,000 as a minimum. Remember, you cannot plan to takeoff if your fuel will make you too heavy to land. In the 727-100 the max landing weight is 135,000. So your takeoff fuel minus the burn should put you under landing weight at destination.
Using the above trip, I would need to look at the EOW (empty operating weight) + payload = ZFW (zero fuel weight) + my minimum fuel at destination (8,000 pounds min - about 45 minutes at low level) should be less than max landing weight. Then you can figure trip fuel to see where the T/O weight comes out.
I'm guessing here...
EOW = 96,500
PL = 25,000
-------------------
ZFW = 121,500
MTO = 152,000
Trip fuel = 24,000
T/O WT = 145.500
Only 6,500 pounds of extra fuel available for max takeoff weight. A bit tight, but doable. Are you feeling lucky?

Since the burn is high, landing weight is not a problem. You could take extra taxi fuel as long as you do not exceed max takeoff weight.
Hope that helps a bit...
Lou