Question: Solve the problem using excel and show all your work. 1. SIM You are planning a new restaurant and have located a site that will

Solve the problem using excel and show all your work. 1.

Solve the problem using excel and show all your work.

1. SIM You are planning a new restaurant and have located a site that will accommodate seating and parking for 400 customers. Nightly demand is estimated by a NORMAL DISTRIBUTION with a mean of 300 and a standard deviation of 100. Use simulation to estimate the percentage of the time this site will have enough parking spaces to be sufficient to meet demand. 1. SIM You are planning a new restaurant and have located a site that will accommodate seating and parking for 400 customers. Nightly demand is estimated by a NORMAL DISTRIBUTION with a mean of 300 and a standard deviation of 100. Use simulation to estimate the percentage of the time this site will have enough parking spaces to be sufficient to meet demand

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