Assuming that PALMA produces their Laptop Back Bags and they have received two orders for these bags: one for 100 units and one for 150 units. The 100 -unit order is due for delivery at the start of April of the current schedule, and the 150 -unit order is due for delivery at the start of August. Each unit consists of two leather sides and four pounds of textile. The textile pounds are made by the firm, and fabrication takes one week. The leather sides are ordered, and lead time is two weeks. Assembly of the bags requires one month. There is a scheduled receipt of 70 textile pounds in (i.e., at the beginning of) January, 2024. Required: Determine the size and timing of planned-order releases necessary to meet delivery requirements under each of these conditions: a. Lot-for-lot ordering (i.e., planned-order release equal to net requirements). b. Lot-size ordering with a lot size of 320 units for leather sides and 70 units for textile pounds