Simkin's Hardware Store simulated an inventory ordering policy for Ace electric drills that involved an order quantity of 10 drills with a reorder point of 5. The first attempt to develop a cost-effective ordering strategy is illustrated in Table 14.8. The brief simulation resulted in a total daily inventory cost of $4.72. Simkin would now like to compare this strategy with one in which he orders 12 drills, with a reorder point of 6. Conduct a 10-day simulation for him and discuss the cost implications.