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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.
-In the Kendall notation M/D/4, D stands for
Deviates
Individuals or behaviors that depart from the accepted standards or norms in a society or community.
Abnormality
A deviation from the average or norm, often used in the context of behaviors or conditions that are outside societal expectations or statistical averages.
Acceptable in a Culture
Behaviors, practices, or beliefs that are considered appropriate and conform to the norms within a specific culture.
Old Junk
Derogatory term for objects that are considered useless or of little value, often accumulated over time and cluttering space.
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