Anwer the below question, remember provide formula and calculation
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5. A group of consumers placed two orders at Snowboard Manufacturers in Victoria. To meet the consumers' demand, the first 70 units of snowboard should be delivered to consumers at the beginning of week 5; another 50 units should be ready to shipment at the beginning of week 7. The product information is summarized in Table 2 below. The holding cost of each item is AU$2/week, and the setup cost is AU$50. Table 2. The product (snowboard) information Item Lead Time (weeks) On-hand Inventory Components Snowboard 0 K(2), L(3) L 2 30 K(3), H(1) K 20 H 3 10 Questions: (a) Develop and draw the product structure for the end product, i.e., snowboard. (2 marks) (b) Develop the master production schedule for the item L. (1 mark) (c) Develop a material requirements plan for the item K using the lot-for-lot technique. (2 marks) (d) Develop a material requirements plan for the item K using the EOQ technique. (2 marks) (e) Please assist the operations manager to identify a reasonable lot sizing technique based on your calculation results and explain your reasons. (2 marks)5. A group of consumers placed two orders at Snowboard Manufacturers in Victoria. To meet the consumers' demand, the first 70 units of snowboard should be delivered to consumers at the beginning of week 5; another 50 units should be ready to shipment at the beginning of week 7. The product information is summarized in Table 2 below. The holding cost of each item is AU$2/week, and the setup cost is AU$50. Table 2. The product (snowboard) information Item Lead Time (weeks) On-hand Inventory Components Snowboard 0 K(2), L(3) L 2 30 K(3), H(1) K 20 H 3 10 Questions: (a) Develop and draw the product structure for the end product, i.e., snowboard. (2 marks) (b) Develop the master production schedule for the item L. (1 mark) (c) Develop a material requirements plan for the item K using the lot-for-lot technique. (2 marks) (d) Develop a material requirements plan for the item K using the EOQ technique. (2 marks) (e) Please assist the operations manager to identify a reasonable lot sizing technique based on your calculation results and explain your reasons. (2 marks)