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Please help, The following table shows the demand for fans manufactured by Leonard's Fan Company. The holding cost for that item is $2 per month

Please help,

The following table shows the demand for fans manufactured by Leonard's Fan Company. The holding cost for that item is $2 per month and each setup costs $80. Lead time is 0 months. Calculate the planned order releases using: (a) the EOQ technique, and (b) the POQ technique. What are the costs of each plan, including the holding cost of any inventory left over after month 7?

Month

1

2

3

4

5

6

7

Requirement

400

150

200

150

100

150

250

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