One advantage of simulation is that a simulation model can be altered easily to reflect a change

Question:

One advantage of simulation is that a simulation model can be altered easily to reflect a change in the assumptions. Refer to the Burger Dome analysis in Problem 16. Assume that the service time is more accurately described by a normal with a mean of 1 minute and a standard deviation of 0.2 minute. This has less variability than the exponential originally used. What is the impact of this change on the output measures?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...