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Maaño Auto Tire sells all types of tires, but a popular radial tire accounts for a large portion of Jeric overall sales. Recognizing that inventory costs can be quite high with this product, Jeric wishes to determine a policy for managing this inventory. To see what the demand would look like over a while, he wishes to simulate the daily demand for several days. Using the table of random numbers, choose 10 samples starting from 151 and in the fifth column. Demand for Tires Frequency (Days) 0 20 1 85 2 120 3 53 4 26 5 16

Maaño Auto Tire sells all types of tires, but a popular radial tire accounts for a large portion of Jeric overall sales. Recognizing that inventory costs can be quite high with this product, Jeric wishes to determine a policy for managing this inventory. To see what the demand would look like over a while, he wishes to simulate the daily demand for several days. Using the table of random numbers, choose 10 samples starting from 151 and in the fifth column. Demand for Tires Frequency (Days) 0 20 1 85 2 120 3 53 4 26 5 16

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Please answer and solve the below attached OPERATION RESEARCH with a topic of SIMULATION. Show the simulation as per attached file. Thank you

Maaňo Auto Tire sells all types of tires, but a popular radial tire accounts for a large portion of Jeric overall sales. Recognizing that inventory costs can be quite high with this product, Jeric wishes to determine a policy for managing this inventory. To see what the demand would look like over a while, he wishes to simulate the daily demand for several days. Using the table of random numbers, choose 10 samples starting from 151 and in the fifth column. Demand for Tires Frequency (Days) 0 20 1 85 2 120 3 53 4 26 5 16
Transcribed Image Text:Maaňo Auto Tire sells all types of tires, but a popular radial tire accounts for a large portion of Jeric overall sales. Recognizing that inventory costs can be quite high with this product, Jeric wishes to determine a policy for managing this inventory. To see what the demand would look like over a while, he wishes to simulate the daily demand for several days. Using the table of random numbers, choose 10 samples starting from 151 and in the fifth column. Demand for Tires Frequency (Days) 0 20 1 85 2 120 3 53 4 26 5 16
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