Managers use to calculate their other expense cost per guest

Assignment Help Operation Management
Reference no: EM132241577

1. What is a manager’s other expense percentage for utilities if sales were $75,000 in a month and utility costs for the month were $6,000?

2. What is a manager’s other expense Cost Per Guest for marketing, if sales were $90,000 in a month, 3,000 guests were served, and marketing costs for the month were $1,500?

3. A manager pays $300 per month for landscape services for his restaurant grounds. Which type of monthly other expense is the amount paid for landscaping?

4. A manager must pay a $500 annual fee to the state in order to serve alcohol in her bar. Which type of other expense is the amount paid for the license?

5. What is the formula managers use to calculate their Other Expense Cost Per Guest?

Reference no: EM132241577

Questions Cloud

Intent is determined by the objective theory of contracts : Intent to enter into a contract is important in the con­tract’s formation. Intent is determined by the objective theory of contracts.
Security interest against third party competing creditors : How would you protect your security interest (perfect) against third party competing creditors?
How coder communication skills are important in educating : Discuss how coder’s communication skills are important in educating the physician on the query process and the importance of documentation.
Batches of heating elements are produced annually : Approximately how many batches of heating elements are produced annually?
Managers use to calculate their other expense cost per guest : What is the formula managers use to calculate their Other Expense Cost Per Guest?
Disadvantages of using performance specifications : Discuss the inherent advantages and disadvantages of using performance specifications.
What is the function of contract law : What is the function of contract law? Contract law can ensure compliance with a promise or, when a contract is breached, entitle a non-breaching party to relief
What daily order quantity is optimal : Demand is normally distributed with a mean of 200 pounds per day and a standard deviation of 50 pounds per day. What daily order quantity is optimal?
Lay off employees and use them only as needed on project : Lay off employees and use them only as needed on a project or change employment structure.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

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