Podcast
Questions and Answers
What is the term commonly used to refer to planning and determining future costs in the foodservice industry?
What is the term commonly used to refer to planning and determining future costs in the foodservice industry?
- Menu Engineering
- Budgeting (correct)
- Sales Forecasting
- Inventory Management
Why do cost percentages vary considerably among different foodservice operations?
Why do cost percentages vary considerably among different foodservice operations?
- Due to the number of employees hired
- Due to the weather conditions in the region
- Due to the type of cuisine offered
- Due to various possible reasons (correct)
What is the term used to describe revenue resulting from the exchange of products and services for value in a food and beverage operation?
What is the term used to describe revenue resulting from the exchange of products and services for value in a food and beverage operation?
- Menu Pricing
- Service Costing
- Sales Concept (correct)
- Budget Analysis
Which term refers to the total dollar volume of sales for a given server within a specific period?
Which term refers to the total dollar volume of sales for a given server within a specific period?
What is the term used to describe the total volume of sales expressed in dollar terms for a specific period like a week or a month?
What is the term used to describe the total volume of sales expressed in dollar terms for a specific period like a week or a month?
Which aspect does Total Seat Sales help to evaluate in a foodservice operation?
Which aspect does Total Seat Sales help to evaluate in a foodservice operation?
What is one of the advantages of having a precise sales forecast in a business?
What is one of the advantages of having a precise sales forecast in a business?
How can a precise sales forecast contribute to greater efficiency in scheduling needed workers?
How can a precise sales forecast contribute to greater efficiency in scheduling needed workers?
What is the importance of involving department heads and supervisors in the sales forecast goal setting process?
What is the importance of involving department heads and supervisors in the sales forecast goal setting process?
How does the realization of sales and profit targets indicate how well a business is doing?
How does the realization of sales and profit targets indicate how well a business is doing?
Why is the average check per guest an important metric included in a sales forecast for food and beverage operations?
Why is the average check per guest an important metric included in a sales forecast for food and beverage operations?
In what way can a precise sales forecast lead to increased dollars available for current facility maintenance and future growth?
In what way can a precise sales forecast lead to increased dollars available for current facility maintenance and future growth?
What is the purpose of monitoring performance vs targets and standards?
What is the purpose of monitoring performance vs targets and standards?
What percentage of covers did Val's Donut Shop record a loss in during Week 4?
What percentage of covers did Val's Donut Shop record a loss in during Week 4?
How can a Sales Forecast be valuable for decision-making?
How can a Sales Forecast be valuable for decision-making?
What system can be used to determine actual sales for a current time period?
What system can be used to determine actual sales for a current time period?
Why is it important to establish specific, measurable, and realistic sales targets?
Why is it important to establish specific, measurable, and realistic sales targets?
