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Recall the Monte Carlo Simulation example discussed in class. Using the following random digits (same as in the example) The RN for Demand (in

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Recall the Monte Carlo Simulation example discussed in class. Using the following random digits (same as in the example) The RN for Demand (in order): 69, 73, 16, 65, 01, 71, 91, 99, 18, 33, 65, 86, 94, 39, 38, 84, 45, 91, 03, 81 The RN For Delivery Time(in order): 64, 39, 19, 69, 34, 91, 42, 25 Simulate the worksheets: 1. a) Q=7, R=3, without multiple ordering policy 2. b) Q-8,R-4, with and with multiple ordering policy Use the same costs and RN given Analysis: would you expect the optimal Q to be higher or lower than the values given? Would the optimal R be higher or lower than values given? Explain

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