Question: The wedding date for a couple is quickly approaching, and the wedding planner must provide the caterer an estimate of how many people will attend
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a. Assist the wedding planner by constructing a spreadsheet simulation model to determine the expected number of guests who will attend the reception.
b. To be accommodating hosts, the couple has instructed the wedding planner to use the
Monte Carlo simulation model to determine X, the minimum number of guests for which the caterer should prepare the meal, so that there is at least a 90 percent chance that the actual attendance is less than or equal to X. What is the best estimate for the value of X?
Number of Invitations 50 RSVP ed Guests 60 10 No response
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a The expected number of attendees is 13475 b PX 140 8934 and PX 141 9036 So 1... View full answer
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