Examlex
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.
-What function should be used for generating random numbers from the following distribution on the number of phone calls per hour?
Attitudes
A settled way of thinking or feeling about something, typically reflected in a person's behavior or expressed opinions.
Biological Aspect
Refers to the physiological and genetic characteristics of an organism that influence behavior and development.
Pleasure
A feeling of happiness, enjoyment, or satisfaction derived from experiencing something enjoyable or satisfying.
Orgasm
The climax of sexual excitement, characterized by intense pleasure and followed by relaxation of the body.
Q7: A company wants to locate a new
Q11: Which of the following is the typical
Q13: In the aftermath of a traumatic disaster
Q26: _ suffer the highest rate of workplace
Q30: Refer to Exhibit 11.20. What formulas should
Q32: Civil actions commence when the plaintiff files
Q37: Refer to Exhibit 9.1. Test the significance
Q46: Refer to Exhibit 11.9. What is the
Q60: Refer to Exhibit 8.2. The company wishes
Q91: The customer service desk at Joe's Discount