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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 barber shop has one barber, a Poisson arrival rate and exponentially distributed service times. What is the Kendall notation for this system?
Female Empowerment
The process of increasing the capacity of women to make choices and transform those choices into desired actions and outcomes.
Textual Poaching
Henry Jenkins’s term for the ways that audience members manipulate an original cultural product to create a new one; a common way for fans to exert some control over the media they consume.
Net Neutrality
The rule that mandates internet service providers to allow access to every type of content and application, irrespective of its origin, without discriminating or restricting specific products or websites.
Internet-Based Service
A service that is delivered and accessed over the internet, ranging from cloud computing to streaming media.
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