Question: Demand for widgets follow the probability distribution shown: Daily Demand 0 1 2 3 4 Probability 0 . 3 3 0 . 2 5 0

Demand for widgets follow the probability distribution shown:
Daily Demand 01234
Probability 0.330.250.200.120.10
Stock is examined every 7 days (the plant is in operation every
day) and if the stock level has reached 6 units, or less, an order
for 10 widgets is placed. The lead time (days until delivery) is
probabilistic and follows the following distribution:
Lead time (days 123
Probability 0.30.50.2
When the simulation begins, it is the beginning of the week, 12
widgets are on hand, and no backorders are allowed. Stock is
delivered at the start of the day, ready for sale for that
day. Simulate for 6 weeks of operation of this system. Analyze
the system. Perform additional simulations to determine
the effect on shortages if increases or decreases occur in:
(1) the review period (if instead of 7 days it was 5 days, or 11
days),
(2) the reorder quantity Q (if instead of 10 units it was higher
[15] or lower [6]), and
(3) the reorder point R (if instead of 6 units it was higher [11] or lesser (3)

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