To make all of their budget periods equal, some foodservice managers create budgets consisting of

What is the formula used to calculate a Food Cost Percentage?

A menu item’s popularity index will always fall between 0 and 1.0.

What is the procurement tool used by managers to formally request products from vendors?

A manager’s operation currently has an average sale per guest of $9.00. For the upcoming accounting period, the manager predicts 8,000 guests will be served at a check average 5% higher than the current average sale per guest. What will be this manager’s revenue forecast for the upcoming period?

What is the Profit achieved by The Tampopo Noodle House?

Dram shop laws address legal liability in the service of alcoholic beverages.

When a buyer and seller agree to hold the price of a product constant over a defined period of time they have established a

What is an alcoholic beverage product is made from grain and is flavored with hops?

Foodservice managers who use seven day rolling averages to monitor their weekly sales do so because it