ICON motors has the master production plan shown below: (4 points) (DON'T FORGET TO SUBMIT THE DRAFT THAT SHOWS YOUR CALCULATIONS AND STEPS) 9 8 7 6 5 4 3 2 1 Period 50 0 0 20 0 40 0 30 0 Gross requirements Lead time - 1 period setup cost = $350 holding cost = $8 per week :Your job is to develop an ordering plan and costs for a) Lot-for-lot .b) EOO .b) EOQ : Lot for lot 9 8 7 6 5 4 3 2 1 Period 50 0 0 20 0 40 0 30 0 Gross requirements Projected on hand 0 0 Net Requirement 0 Planned Receipt Planned Order 0 Set Up cost $ Holding Cost Total Cost :EOQ :EOQ EOQ 9 8 6 5 4 3 2 1 Period 50 0 0 20 0 40 0 30 0 Gross requirements Projected on hand 0 0 Net Requirement Planned Receipt Planned Order 0 0 $ Set Up cost Holding Cost Total Cost