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 job evaluation, Explain Job Evaluation. A combination of short ...

Explain Job Evaluation. A combination of short statements which describe both the necessary requirements of the particular job and the work to be performed is termed as Job Eva

Explain different levels of diversification firms, What are the different l...

What are the different levels of diversification firms can purpsue by using different corporate level strategies and what are the advantages to diversifying their operations?

Define the order quantity and expected profits, suppose the manufacturer ha...

suppose the manufacturer has an inflated demand forecast as follows: Quantity Probability 2,200 5% 2,300 6% 2,400 10% 2,500 17% 2,600 30% 2,700 17% 2,800 12% 2,900 3% (a) Suppose t

I want to have someone to do a case study, I need to have someone to do a c...

I need to have someone to do a case study for me using a case study template. Has to be all original.

Explain two operations-related tasks carried out by firm, Identify two oper...

Identify two operations-related tasks carried out by Hard Rock Café

Change Management in Process/Systems?, main principles of project managemen...

main principles of project management aiding the operations manager/manageress in introducing change to the process/system?

Explain expert role for human resource professionals, The functional expert...

The functional expert role for human resource professionals: Answer A) is concerned with looking out for the interests of management B) is concerned with providing inputs that help

Talent planning in operation, Talent Planning in Operation 1. Produce ...

Talent Planning in Operation 1. Produce a report on the topic Talent Planning in Operation. Please ensure that you address the following issues: Describe at le

Explain type of organization structure face and why, Under what conditions ...

Under what conditions are customer-centric structures appropriate and what challenges does this type of organization structure face and why?

Explain total factor productivity and labor productivity, A manufacturing c...

A manufacturing company would like to measure total factor productivity and labor productivity. Given the following data for the last 3 years, find the total factor and labor ratio

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