Calculate annual breakeven number of meals, Operation Management

Assignment Help:

The restaurant would serve dinner Tuesday through Saturday. Brian has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Nui is planning two seating's per evening, and the restaurant will be open 50 weeks per year. 1) Compute annual breakeven number of meals and sales revenue for the restaurant. 2) Also compute the number the number of meals and the amount of sales revenue needed to earn operating income of $75,600? For the year. 3) How many meals must the Soon serve each night to earn their target income of $75,600? Should the couple open the restaurant? Support your answer.


Related Discussions:- Calculate annual breakeven number of meals

What is performance measures, Last year, the manager of the service departm...

Last year, the manager of the service department at East Woods Ford instituted a customer opinion program to find out how to improve service. One week after service on a vehicle wa

Group layout, Can I know what is group layout

Can I know what is group layout

Productivity boundary and operating efficiencies, Productivity Boundary and...

Productivity Boundary and Operating Efficiencies In an alternative approach, Porter (1996) attempts to resolve the issue of trade-offs by introducing the concept of a producti

What is image management, After the occurrence of Hurricane Katrina, insura...

After the occurrence of Hurricane Katrina, insurance companies refused to pay claims to insurance holders who paid premiums on time and had binding legal contracts. What do you thi

Define role social forces play in the theory of management, What role do so...

What role do social forces play in the theory of management? Explain

Explain factors which determine job satisfaction, Question 1: (a) Defin...

Question 1: (a) Define conflict. (b) Is all conflict harmful and inevitable? Explain your answer. (c) Identify and describe the conflict levels in organisations. Ques

Why the production manager is asked to reduce the safety, The annual demand...

The annual demand for a product is 15,600 units. The weekly demand is 300 units with a standard deviation of 90 units. The cost to place an order is $31.20, and the time from order

Explain things never to say to women executives, Go to www.diversityinc.com...

Go to www.diversityinc.com and search for "Things Never to Say to Women Executives". List three examples and provide a one page explanation regarding how these statements undermine

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