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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.
-The term queuing theory refers to the body of knowledge dealing with waiting lines.
Routine Informative Messages
Regular communications that provide necessary information or updates without requiring immediate action or response.
Neutral Tone
A manner of communication that is unbiased, impartial, and not expressing any strong emotions or opinions.
Qualifications
The credentials, such as degrees, certificates, skills, or experiences, that make an individual suitable for a particular job or activity.
Written Recommendation
A formal suggestion or advice, typically documented in writing.
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