Auto spares limited is a supplier of motor vehicle spare parts. The daily demand for the spare parts is uncertain but past records of the demand have the following probability of distribution

Demand '000' 1234

Probability.0.250.500.050.05

The company has a re-order policy of ordering 5000 spare parts at a re-order level of 3000 spare parts. The lead time for the order is 3 days and the ordering cost amounts to Ksh 1600 per order. The carrying cost is Ksh 100 per spare part per day and the stock-out cost is Ksh 4000 per spare part.

Required; simulate the average daily total cost of inventory over 10 days assuming an initial stock of 5000 spare parts. Use the random numbers 09,68,29,53,87,98,62,37,82 and 35.