Simulation Problem As a hotel manager, you are involved in a major renovation of a hotel that will have space for 100 standard hotel rooms. You are wondering whether some that space should be used for "luxury suite" rooms, each of which would be twice the size of a standard room. For example, you could plan for 20 suites, in which case you would have remaining space for 60 standard rooms (100 - 2*20 = 60). Your overall construction costs won't be impacted by this decision, because a suite costs about twice as much to build as a normal hotel room. You predict being able to fetch $99ight and $169ight for standard and luxury rooms, respectively. Anticipated demand for... Standard rooms - mean of 50, standard deviation of 10 follows normal distribution Luxury suites - mean of 20, standard deviation of 10 follows normal distribution Note: you can upgrade a customer from standard luxury, Occupied rooms incur the following nightly cost (for cleaning/ upkeep/"utilities"): Standard rooms - $12.50 Luxury suites - $25 You estimate fixed costs (including amortized building costs and other overhead such as staff salaries) at $6000 per night. Assumption: They have constructed 30 luxury room and 40 standard room (for example, can use any other combination also), must replicate at least 50 simulation in each run and check average also