Exhibit 12.5 The Following Questions Use the Information Below

question 72

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.
-In the Kendall notation M/D/4, D stands for

• A) memoryless arrival distribution
• B) deterministic departure distribution
• C) memoryless arrival and departure distributions
• D) none of the above

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Definitions:

Factor Analysis

A statistical method for studying the interrelations among various tests. The goal is to discover whether the tests are all influenced by the same factors, or by distinct factors.

Self-monitoring Scale

is a psychological measure that assesses the degree to which individuals regulate their behavior to adapt to social situations and expectations.

Person-by-Situation

An interactional perspective suggesting that human behavior results from a combination of individual characteristics and situational factors.

Trait Theories

A group of theories suggesting that personality is composed of stable characteristics (traits) that influence behavior.