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Let D (demand) be the number of festival attendees that will purchase Michael's seafood dishes in 2024. Let Q (quantity) be the number of seafood
Let D ("demand") be the number of festival attendees that will purchase Michael's seafood dishes in 2024. Let Q ("quantity") be the number of seafood dishes for which Michael orders ingredients. Assume the following: D is normally distributed with mean = 4000 and standard deviation = 450. These numbers are different from your answers in Question 2. [We give you these numbers so that all students use the same starting point for the remaining questions.] Simulate the demand from a normal distribution with the above mean and standard deviation. Round the demand to a whole number and change the simulated value to zero if it is negative. Michael pays $3.50 for every dish for which he orders ingredients. As part of a Green Initiative to reduce its carbon footprint, the festival charges a $0.75 garbage disposal fee for every excess dish that is not consumed. Michael charges $9.50 for every dish
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