Consider a case of distributor of a certain product for which the probability distribution of daily demand and

leadtime is given as mentioned in the table below. Please simulate the problem for 20 days using Monte
Carlo simulation method. The ordering cost is Rs. 80 per order, holding cost is Rs. 2 per unit and the
shortage cost is Rs. 20 per unit short. Consider initial balance as 30 units. Reorder level is 20 units and
order size is 40 units.
Demand
Probability
C Prob Randon Number
3
0.02
0.02
01
4
0.08
0.10
29
5
0.11
0.21
10 20
6
0.16
0.37
21 36
7
0.19
0.56
37 55
8
0.13
0.69
56 68
9
0.10
0.79
69 78
10
0.08
0.87
79 86
11
0.07
0.94
87 93
12
0.06
1.00
94 99
Leadtime
Probability
C Prob Randon Number
2
0.20
0.20
0 19
3
0.30
0.50
20 49
4
0.35
0.85
50 84
5
0.15
1.00
85 99

Day
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20

RN
Dem

Dem

68
13
9
20
73
7
92
99
93
18
24
22
7
29
57
33
49
65
92
98

8
5
4
5
9
4
11
12
11
5
6
6
4
6
8
6
7
8
11
12

RN Let

47

74

25

Cost
Receipt
Shota Orderi Holdi Short
Lead Tm
s
Balance
ge
ng
ng
age
30
22
44
3
17
80
34
13
26
8
16
40
39
78
35
70
24
48
4
12
80
24
1
2
0
0
0
0
0
0
0
0
40
34
68
30
60
24
48
3
16
80
32
10
20
3
6
40
35
70
24
48
12
24
240
718
0

In a workshop the distribution of Inter arrival time and the service time is given. Please simulate the problem for 20 arrivals and find
1) Total Waiting Time of the customers
2)
idle time for station.
metotal
Freq
Int uenc
Randon
er y
Prob C Prob Number
0
12 0.06
0.06
05
3
18 0.09
0.15
6 14
6
50 0.25
0.40 15 39
9
74 0.37
0.77 40 76
12
32 0.16
0.93 77 92
15
14 0.07
1.00 93 99
Service
Frequency
time
Prob C Prob
Randon Number
4
8 0.04
0.04
03
6
20 0.10
0.14
4 13
8
36 0.18
0.32 14 31
10
88 0.44
0.76 32 75
12
48 0.24
1.00 76 99
RN Inter
RN Ser
Wtg Ser Ser
Arri Arri Arrival Ser Time Time Start Finish
1
58
9
9 87
12
0
9
21
2
47
9
18 39
10
3
21
31
3
23
6
24 28
8
7
31
39
4
69
9
33 97
12
6
39
51
5
35
6
39 69
10
12
51
61
6
55
9
48 87
12
13
61
73
7
69
9
57 52
10
16
73
83
8
90
12
69 52
10
14
83
93
9
86
12
81 15
8
12
93
101
10
74
9
90 85
12
11 101
113
11
39
6
96 41
10
17 113
123
12
15
6
102 82
12
21 123
135
13
90
12
114 98
12
21 135
147
14
98
15
129 99
12
18 147
159
15
39
6
135 23
8
24 159
167
16
16
3
138 77
12
29 167
179
17
52
9
147 42
10
32 179
189
18
56
9
156 60
10
33 189
199
19
21
6
162 22
8
37 199
207
20
23
6
168 91
12
39 207
219

Price per quital

Price
240
250
260
270
280

Yeild per acre

Prob
0.1
0.2
0.5
0.1
0.1

Yeild (Qui)
70
75
80
85

Cost per Acre

Prob
Cost (Rs)
0.2
12000
0.4
14000
0.3
16000
0.1
18000

Prob
0.3
0.3
0.2
0.2

Please find expected profit per acre

Price

CP

240
250
260
270
280

Prob
0.1
0.2
0.5
0.1
0.1

Yeild (Qui)
70
75
80
85

Prob
0.2
0.4
0.3
0.1

CP

Cost (Rs)
12000
14000
16000
18000

Prob
0.3
0.3
0.2
0.2

CP

Price RN

Price
87
2
48
56
29
88
46
65
5
31

RN
0.1
0.3
0.8
0.9
1.0

9
29
79
89
99

0
20
40
90

19
39
89
99

0
30
60
80

29
59
79
99

RN
0.2
0.6
0.9
1
RN
0.3
0.6
0.8
1

Yeild RN
270
240
260
260
250
270
260
260
240
260

0
10
30
80
90

Yeild
30
1
43
96
26
6
52
16
83
12

75
70
80
85
75
70
80
70
80
70

Cost RN Cost
Profit
86
18000
2250
91
18000
-1200
10
12000
8800
39
14000
8100
5
12000
6750
35
14000
4900
26
12000
8800
17
12000
6200
96
18000
1200
26
12000
6200
5200