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Exhibit 12.5 The Following Questions Use the Information Below

question 58

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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

Understand the effective use of humor in business communications.

Identify strategies for responding positively to customer complaints.

Recognize the components of a goodwill ending in business emails.

Learn the importance and methods of effective meeting organization including the use of technology.

Definitions:

Shallow Processing

Shallow processing is a cognitive approach where individuals focus on surface characteristics such as the appearance or sound of words, rather than their meanings, leading to less durable memory.

Early Selection

A theory in attention that suggests stimuli are filtered or selected to be attended to at an early stage of processing, based on physical characteristics.

Sensory Memory

The shortest-term element of memory, which stores sensory impressions for a very brief period, allowing us to experience the world as a continuous stream.

Task Simplicity

Refers to the degree to which a task or activity is straightforward and uncomplicated, requiring a minimal cognitive load or effort to complete.