5. Northcutt Bikes purchases two types of wheels for their roadracing bikes: a regular version and a deluxe version. The table below has demand information for the past year for each style of wheel, as well as combined figures. a. Calculate the EOQ for each wheel type. b. Calculate the ROP for each wheel type. c. For each wheel type, calculate the total yearly holding and ordering cost, as well as total item cost.
										Regular	Deluxe	Combined
									Month	wheels	wheels	demand		EOQ- Reg	EOQ-Del
									jan	208	481	689		45.60702	69.35416
									feb	153	316	469		39.11521	56.21388
									March	238	553	791		48.78524	74.36397
april	296	648	944		54.40588	80.49845
may	292	228	520		54.03702	47.74935
june	322	527	849		56.74504	72.59477
july	102	605	707		31.93744	77.78175
aug	211	510	721		45.93474	71.41428
sept	286	538	824		53.47897	73.34848
oct	193	590	753		43.93177	76.81146
nov	186	657	843		43.12772	81.05554
dec	129	582	711		35.91657	76.28892
std dev	72.1	122.8	129.2
monthly
Other important information:
Yearly holding cost 20% of item cost
Ordering cost $200 per order
Service level 95%
Leadtime 0.5 months
Item costs
Deluxe Wheels $40 each
Regular Wheels $35 each