Simulation of Newspaper Problem

Comm. Comm.
Demand Comm.
Good Fair Poor Prob. RN range RN range Prob. RN range
Per day Prob. fair
good Poor
40 0.03 0.1 0.44 0.03 0-2 0.1 0-9 0.44 0-43
50 0.05 0.18 0.22 0.08 3-7 0.28 10-27 0.66 44-65
60 0.15 0.4 0.16 0.23 8-22 0.68 28-67 0.82 66-81
70 0.2 0.2 0.12 0.43 23-42 0.88 68-87 0.94 82-93
80 0.35 0.08 0.06 0.78 43-77 0.96 88-95 1 94-99
90 0.15 0.04 0 0.93 78-92 1 96-99
100 0.07 0 0 1 93-99

Do simulations for 20 days

0.054107
65
93.36528 66.15497
61.22318 57.51823
7.464827 10.01923
62.36152 61.8244
95.53819 6.46382
45.22843 6.195257
43.46141 27.17978

R. NO TYPE OF DAR.NO2 DEMAND REVENUE SALVAGE PROFIT

0.023377 GOOD 0.579485 80 13.6
0.579974 FAIR 0.142827 50 8.5
0.828272 POOR 0.582507 50 8.5
0.555315 FAIR 0.055391 40 6.8
0.780084 FAIR 0.217627 50 8.5
0.922605 POOR 0.618488 50 8.5
0.440657 FAIR 0.362194 60 10.2
0.361705 FAIR 0.965575 90 15.3
0.736839 FAIR 0.131962 50 8.5
0.004761 GOOD 0.763268 80 13.6
0.096774 GOOD 0.797662 90 15.3
0.406079 FAIR 0.450362 60 10.2
0.403333 FAIR 0.102939 50 8.5
0.092654 GOOD 0.17774 60 10.2
0.11182 GOOD 0.761284 80 13.6
0.901547 POOR 0.369518 40 6.8
0.164342 GOOD 0.620167 80 13.6
0.46028 FAIR 0.686605 70 11.9
0.879269 POOR 0.39903 40 6.8
0.521775 FAIR 0.926481 80 13.6
Problem
Kind of
Cumm.
day(Dem Prob R No
Prob
and)
Good 0.35 0.35 0-34
Fair 0.45 0.8 35-79
Poor 0.2 1 80-99

SP=0.5
CP=0.33
SALVAGE VALUE=0.05