Question 4 Diddy Corp would like to develop an order quantity and reorder policy that would minimize their total costs of their inventory of printers. The probability distribution for retail demand on a daily basis is shown below Demand 0 1 2 3 4 5 Probability 0.15 0.25 0.40 0.10 0.05 0.05 3 4 The probability distribution for lead time is as follows Lead Time 1 2 (days) Probability 0.10 0.60 0.25 0.05 The inventory holding cost is RM 0.50 per unit per day, the ordering cost is RM 8 per order, the stock out cost is RM 3 per unit, and the beginning inventory is 10 units. Each order is for 10 units and the reorder point is 3 unit, simulate 10 days of operation for this inventory system. Use the following random numbers Demand: 79, 10, 17, 23, 06, 55, 84, 70, 39,04 Lead time: 85, 19, 92, 99, 49,00 Calculate (a) Average order cost (6) Average stockout cost (c) Average holding cost (d) Average daily cost