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Sinar TV maintains a stock of LED television that it sells to house owners and installs for them. The sales of the televisions for the
Sinar TV maintains a stock of LED television that it sells to house owners and installs for them. The sales of the televisions for the past 60 days have the following probability distribution. Television sales 1 2 3 4 per day Probability 0.2 0.3 0.4 0.1 Order delivery time can vary between one to three days according to the following distribution. Order Delivery 1 2 3 Time Probability 0.5 0.4 0.1 For each unit demand not met, it will cost the company RM 5. For each television sold, the company makes RM 50 profit. The company orders 10 units of television when the ending inventory reaches 4 units or less. Each order costs the company RM 10. The order would be made at the end of the business day and would take 1 to 3 days to be delivered (1) Assuming the beginning inventory is 10 units, simulate the situation above for 8-day period using the random numbers given below. (15 marks) Random number sales per day: 41 43 85 87 06 51 15 71 Random numbers for delivery/order time: 21 52 59 64 48 96 52 11 Using table format below English (United Kingdom) Focus brch H: 270 Sinar TV maintains a stock of LED television that it sells to house owners and installs for them. The sales of the televisions for the past 60 days have the following probability distribution. Television sales 1 2 3 4 per day Probability 0.2 0.3 0.4 0.1 Order delivery time can vary between one to three days according to the following distribution. Order Delivery 1 2 3 Time Probability 0.5 0.4 0.1 For each unit demand not met, it will cost the company RM 5. For each television sold, the company makes RM 50 profit. The company orders 10 units of television when the ending inventory reaches 4 units or less. Each order costs the company RM 10. The order would be made at the end of the business day and would take 1 to 3 days to be delivered (1) Assuming the beginning inventory is 10 units, simulate the situation above for 8-day period using the random numbers given below. (15 marks) Random number sales per day: 41 43 85 87 06 51 15 71 Random numbers for delivery/order time: 21 52 59 64 48 96 52 11 Using table format below English (United Kingdom) Focus brch H: 270
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