Explain oriental express restaurant concept, Operation Management

Assignment Help:

Owner Kay Fay is considering franchising her Oriental Express restaurant concept. She believes people will pay $5.50 for a large bowl of noodles. Variable costs are $2.75 a bowl. Fay estimates monthly fixed costs for franchisees at $8,750. 1. Use the contribution margin ratio shortcut approach to find franchisees breakeven sales in dollars. 2. Is franchising a good idea for Fay if franchisees want a minimum monthly operating income of $3,500 and Fay believes most locations could generate $24,000 in monthly sales?


Related Discussions:- Explain oriental express restaurant concept

Compute the start and finish times for each activity, Calculate the start a...

Calculate the start and finish times for each activity and determine the minimum number of weeks for completing the project. Find the critical set of activities for the project.

Short-term and long-term liabilities, In addition to the car lease, Leonard...

In addition to the car lease, Leonard and Rose each have a VISA card with an interest rate of 18.25% p.a. They currently have a balance of $1,205 and made payments of $3,537 in 201

Define what behavioural predictions might you make, What behavioural predic...

What behavioural predictions might you make if you know that an employee had an external locus of control? If an employee had a high need for achievement? If an employee had a low

Calculation, monthly production time for tep.

monthly production time for tep.

Operation planning and scheduling system, Operation Planning and Scheduling...

Operation Planning and Scheduling System Operation planning g and scheduling system concern the volume and timing of the outputs utilizations of the operations capacity and the

Product or service design and process selection, Product or Service Design ...

Product or Service Design and Process Selection  Can the products/services be designed to satisfy the needs of both the market and the producers/providers? For example, it may

Coca colas change in sales remain competitive and profitable, How would you...

How would you respond to Coca Cola's change in sales policy? How would you ensure Pepsi's board that this response will allow you to remain competitive and profitable?

Plan a policy for scheduling vacations, Outline a policy for scheduling vac...

Outline a policy for scheduling vacations for a Health Information Management Department that provides daily, around-the-clock service and has both full time and part time employee

Process capability index - asymmetrical positioning, Process Capability Ind...

Process Capability Index - Asymmetrical Positioning of the Process As stated earlier, the C p index assumes that the process mean is centred within the tolerance band, but, i

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd