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a. the Lot-for-Lot technique, what are the costs of each plan, including the holding cost of any inventory left over after month 8? 5. (10pts)

a. the Lot-for-Lot technique,
what are the costs of each plan, including the holding cost of any inventory left over after month 8? image text in transcribed
5. (10pts) The demand of a manufacturing part for months 1 to 8 is in the following table. The setup cost of the item is $150 per order and he holding cost is $.75 per month. Lead time is 0 . Calculate the planned order releases using: (a) the Lot-for-Lot technique, and (b) the POQ technique. What are the costs of each olan. includine the holding cost of any inventory left over after month 8

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