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Exhibit 12.5 The Following Questions Use the Information Below

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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. 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 standardized queuing system notation such as M/M/1 or M/G/2 is referred to as A)  Kendall notation. B)  Erlang notation. C)  Poisson notation. D)  Queuing notation. 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 standardized queuing system notation such as M/M/1 or M/G/2 is referred to as A)  Kendall notation. B)  Erlang notation. C)  Poisson notation. D)  Queuing notation.
-The standardized queuing system notation such as M/M/1 or M/G/2 is referred to as


Definitions:

Firm Provides

The goods, services, or benefits that a company offers to its customers, employees, or other stakeholders.

Office Supply Chain

The network of suppliers, manufacturers, distributors, and retailers involved in producing and delivering office supplies to consumers.

Fill Orders

The process of preparing and dispatching products in response to customer purchases or requests.

Robots

Mechanical devices programmed to perform tasks autonomously or semi-autonomously.

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