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As the Operations Manager of the Bookstore on Your College

Question 10

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As the operations manager of the bookstore on your college campus,you are keenly aware of the seasonality of demand for your wares.At the start of each semester you puzzle over the number of checkout clerks to schedule and finally decide to model your predicament using Monte Carlo simulation.Describe the simulation process and indicate what assumptions you must make at each step.

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The simulation process consists of data ...

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