Exhibit 12.5 The Following Questions Use the Information Below

question 58

Multiple Choice

Exhibit 12.5
The following questions use the information below.
The owner of Sal's Italian Restaurant wants to study the growth of his business using simulation. He is interested in simulating the number of customers and the amount ordered by customers each month. He currently serves 1000 customers per month and feels this can vary uniformly between a decrease of as much as 5% and an increase of up to 9%. The bill for each customer is a normally distributed random variable with a mean of $20 and a standard deviation of $5. The average order has been increasing steadily over the years and the owner expects the mean order will increase by 2% per month. You have created the following spreadsheet to simulate the problem.
-A balk refers to

• A) a customer who refuses to join the queue.
• B) a customer who refuses service by a specific server.
• C) a customer who joins the queue but leaves before service is complete.
• D) a customer who requires extra service time.

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Definitions:

College Student Years

A period in young adults' lives typically characterized by attendance at a college or university, exploring identity, forming relationships, and pursuing education and career goals.

Carl Jung

A Swiss psychiatrist and psychoanalyst who founded analytical psychology, focusing on concepts such as the collective unconscious and archetypes.

Inferiority Complex

A psychological condition where an individual feels a deep sense of inadequacy and lack of worth compared to others.

Childhood

The period in a human life from birth through adolescence, characterized by growth, learning, and development.