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The following table shows the demand for fans manufactured by Kuhnya UA Company. The holding cost for that item is $2 per month and each

The following table shows the demand for fans manufactured by Kuhnya UA 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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