Let $\lambda=(\lambda_1,\lambda_2,\lambda_3,\lambda_4)$ with $\lambda_i>0$ for $i=1,2,3,4$. Let $$\sigma_k(\lambda)=\sum_{1\leq i_1<i_2\cdots<i_k\leq4}\lambda_{i_1}\lambda_{i_2}\cdots\lambda_{i_k},\quad k=1,2,3,4$$ be the elementary symmetric polynomials. Prove the following inequality $$\sigma_2^2-3\sigma_1\sigma_3+12\sigma_4\geq0.$$ Furthermore, characterize the equality case.
To deal with inequalities of symmetric polynomials, Newton Maclaurin type inequalities also be useful. I tried to use the following inequlities $$\sigma_1/4\geq\frac{\sigma_2/6}{\sigma_1/4}\geq\frac{\sigma_3/4}{\sigma_2/6}\geq\frac{\sigma_4}{\sigma_3/4},$$ but failed.
Hint: This method works often with symmetric inequalities. Assume an order $$0 \le \lambda_1 \le \lambda_2 \le \lambda_3 \le \lambda_4$$ and write $$\lambda_k = l_1 +\ldots + l_k$$ where $l_i$ are all $\ge 0$. Substitute in your inequality and see what you get. You will also notice that the equality is achieved if an only if at least three of the $\lambda_i$'s are equal.