Find the number the number of meals and the amount of sales, 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 Soons serve each night to earn their target income of $75,600? Should the couple open the restaurant? Support your answer.


Related Discussions:- Find the number the number of meals and the amount of sales

Explain corporate structure in relation to its strategy, Which company do y...

Which company do you know of that successfully has been able to successfully or not manage its corporate structure in relation to its strategy? Explain you're rational. Cite all yo

Explain definition of a project, Definition of a Project •Analyze how proje...

Definition of a Project •Analyze how project management supports the concept of strategic planning.

Describe be sure to justify your reasons, How would you allocate the $100,0...

How would you allocate the $100,000 bonus money and why? Remember, no 2 managers can get the same amount. Be sure to justify your reasons.

Explain direct effects and indirect effects of goals, What is the differenc...

What is the difference between direct effects and indirect effects of Goals on choice of strategy?

Articulate a strategy for disseminating product information, The Swiss phar...

The Swiss pharmaceutical global corporation Hoffman-La Roche has made a major breakthrough in the relief of a serious disabling disease that affects 3 percent of the world's popula

Do research on maslow need hierarchy suggest, research on Maslow need hiera...

research on Maslow need hierarchy suggest which of the following statement to be true/ 1.high and lower needs equal important as individuals move up the corporate/2. high and lower

Explain who are gmcs target market, What programs does GMC Company have for...

What programs does GMC Company have for the less advantage and children? What grade would you give this program and why? Who are GMCs target market, age, gender, income and race

Platts and gregory approach - operation management, Platts and Gregory Appr...

Platts and Gregory Approach - Operation Management The Platts and Gregory approach has three steps and is based on the approach of comparing what the market wants with how the

Explain the upper or lower control limits for a mean chart, The overall ave...

The overall average on a process you are attempting to monitor is 50 units. the process standard deviation is 1.72. Determine the upper and lower control limits for a mean chart, i

Linear Programming Problem, Solve the following Linear Programming Problem ...

Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

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