Django Inlineformset - JQuery Dropdown based on Second Dropdown

I have the following orderline formset.

As the Product drop-down will consist of 100+ products, i want to filter the products available in the drop-down based on the Product Type selection. I have been trying to get this working with JQuery looking at several solutions and examples on the web, but i am really stuck.

Any help or pointers on to implementing this would be greatly appreciated.

Below the relevant Models / Views / Forms for reference.

Models.py

class OrderHeader(models.Model):
    customer = models.ForeignKey(Customer)
    orderheader_total_price = models.DecimalField(max_digits=10, decimal_places=2, null=True, blank=True, default=0)

    def __unicode__(self):
        return smart_unicode(self.pk)


class OrderLine(models.Model):
    orderheader = models.ForeignKey(OrderHeader)
    product_type = models.ForeignKey(ProductType)
    product = models.ForeignKey(Product)

    def __unicode__(self):
        return smart_unicode(self.pk)

Views.py

def orderline_formset(request, id=None):
    if id:
        orderid = OrderHeader.objects.get(pk=id)
    else:
        orderid = OrderHeader()

    OrderLineFormSet = inlineformset_factory(OrderHeader, OrderLine, OrderLineForm, extra = 1, can_delete=True)  
    helper = OrderLineFormSetHelper()

    if request.method == 'POST':
        form = OrderHeaderForm(request.POST, instance=orderid)
        formset = OrderLineFormSet(request.POST,instance=orderid)
        if form.is_valid() and formset.is_valid():
            form.save()
            formset.save()
            form = OrderHeaderForm(instance=orderid)
            formset = OrderLineFormSet(instance=orderid)
            messages.success(request, 'Order saved succesfully!')
        else:
            messages.error(request, 'Order save error, please check fields below')
    else:
        form = OrderHeaderForm(instance=orderid)
        formset = OrderLineFormSet(instance=orderid)

    return render_to_response("order-add.html", {'orderform' : form,'formset': formset, 'helper': helper},
                              context_instance=RequestContext(request))

Forms.py

class OrderLineForm(forms.ModelForm):

    def __init__(self, *args, **kwargs):
        super(OrderLineForm, self).__init__(*args, **kwargs)

    class Meta:
        model = OrderLine
        fields = ['product_type', 'product','material','orderline_product_price','orderline_quantity',
                  'orderline_total_price']
        labels = {
            'orderline_quantity': ('Quantity'),
            'orderline_product_price': ('Price'),
            'orderline_total_price': ('Total'),
        }

class OrderLineFormSetHelper(FormHelper):
    def __init__(self, *args, **kwargs):
        super(OrderLineFormSetHelper, self).__init__(*args, **kwargs)
        self.form_method = 'post'
        self.template = 'bootstrap3/table_inline_formset.html'
        self.render_required_fields = True
        self.form_tag = False

HTML

row0
<select class="select form-control" id="id_orderline_set-0-product_type" name="orderline_set-0-product_type">
<select class="select form-control" id="id_orderline_set-0-product" name="orderline_set-0-product">
row1
<select class="select form-control" id="id_orderline_set-1-product_type" name="orderline_set-1-product_type">
<select class="select form-control" id="id_orderline_set-1-product" name="orderline_set-1-product">
etc