Fill in the simulation table using the random numbers

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Reference no: EM131177863

The Dell Factory Outlet has the following daily demand distribution for laptop computer carrying cases.

Demand	Probabilitl
0	.1
1	.2
2	.3
3	.25
4	.15
5 or more	0

Simulate 5 days of retail sales using the following inventory policy. If the ending inventory of cases is 0 or 1, order enough units such that the starting inventory on the next day will be 5 cases. Ordered units arrive the next morning and are stocked before the store opens for business. If a stock-out occurs, the sale is lost. The cost structure is as follows:

• Storage cost = $0.10/ unit /day

• Shortage cost = $5/unit

• Order cost = $3/order

Fill in the following simulation table using the random numbers provided

Reference no: EM131177863

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