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The paper provides a detailed analysis of the operational finances of a restaurant, covering aspects such as food and beverage revenue, operational expenses, and profit forecasts. It includes a breakdown of weekly and annual revenues, salaries, equipment costs, and financial projections for the first five years of operation, emphasizing the need for feasibility studies regarding salary increases related to profits.
Proceedings of the 11th WSEAS …, 2010
The obtainment of standards such as effectiveness, efficiency and quality is pursued in an increasingly growing in any area, including the catering and therefore the field of school meals. This observation led to analyze the operation of a cooking center that provides meals to a lot of schools. For the plant analyzed was created a model using Arena 8.0, was then proceeded to validation, optimization and verification of results, whereas a significant increase in demand and varying appropriately the characteristic parameters of the system, such as number of employees and the number of machines. The model used represents a valid decision support for a company aiming to achieve a full customer satisfaction.
It is a great pleasure for us to submit our Proposal report on the topic entitled -Cooking Management System For Goodd Foodd. We have prepared this report to fulfill CSC 469 course. This report will help you to know about our project .We have tried our best to prepare this report to the required standard.
1966
You bake, broil, boil and dish up food at-your Cooking and Serving Center. Here also you add the final touchesto foods before serving them to your family. You will want this center to be planned for your maximum comfort and ease. Because foods and appliances here are hot, you need to be careful that you do not burn yourself when using equipment.
Home Economics Research Journal, 1985
The composite cost of preparing 20 convenience foods and their homeprepared counterparts with an electric range and a microwave oven was determined. Per-serving costs were calculated for food, fuel used in preparation, and active preparation time at two wage levels. The majority of convenience foods (74%) cost more for food alone than did the home-prepared counterparts, while 52 percent of home-prepared foods cost more for fuel alone. Nearly all homeprepared foods (98%) had a higher cost for active preparation time at either wage level. When food and fuel costs were combined, 74 percent of convenience foods cost more than the home-prepared counterparts. However, when the cost of active preparation time was added, home-prepared foods become more expensive.
The Cornell Hotel and Restaurant Administration Quarterly
Foodservice Research International, 1998
In determining the optimal price to charge and in managing costs, operators of restaurants with all-you-can-eat buflets face many issues unique to this form of restaurant service. The current study investigates how to determine the optimal entrance price to charge. In addition, it analyzes one key aspect of operating costs: a way to minimize breakage by determining the optimal plate size hence shape that will minimize the amount of handling required, For each of these, several assumptions are given followed by the development of mathematical models. The result is that a plate with maximum loading area is optimal, In practice, a circular plate provides the maximum loading area hence is recommended. In addition, a formula is given for determining the optimal price. This is followed by a discussion of the managerial implications of theJndings.
INTRODUCTION Conducting and implementing the optimum production plan in organizations offering institutional catering by estimating the right amount of food consumption positively contributes to minimization of food waste through effective use of economic resources of the country, minimizing the cost of food through significantly increasing the profitability of the company, and optimum amount of storage of food entry by means of minimizing inventory costs and food waste. The purpose of this study, which was conducted based on considering these contributions, is to develop an artificial neural network model that can predict the amount of food served to students, academics and administrative staff, and guests at universities, implement various real-life applications of this model, share the results, and pave the way for implementation in all universities. According to The United Nations Food and Agriculture Organization (FAO, 2014), almost one third of food, equals to around 1.3 billion tons, produced all over the world for human consumption is spoiled or wasted. Food loss and waste costs the world about $940 billion a year. In addition to food waste, water, soil, and energy resources are also wasted. Food loss and waste generates 8% of global emissions, and consumes 30% of all water used by agriculture, which makes this issue concerning all world countries. At this point, it is significant to know (predict) the amount of food and drinks to be consumed in each meal in organizations offering institutional catering, because supplying fresh food and drinks in proper amounts, storing, producing fresh, and serving are of utmost importance. It is also crucial that the food and drinks production for one meal shall be equal to consumption. If the production is more than consumption, then the food is left over and they are spoiled thereby leading to increase in food costs and unit inventory costs. Moreover, customer satisfaction could be affected by low freshness, flavor and vitamin levels if leftover food is served to them in the following meal or used in another menu. If the production is less than consumption, customers who cannot find enough amount of food they like to eat, their satisfaction level can become lower. The way to minimize these problems is to have prior knowledge about the amount of food and drink in each
Restaurant Business, 2019
Food & Beverage Controls, technique and processes and their correct application plays a major role in the success of Food & Beverage Business. Be it a normal application of Standard recipe card or the much complex process of Menu engineering and Menu Pricing Techniques. This case study is focused on the use and application of the Food cost and Menu pricing theories in day to day operation of a running restaurant. Costing being a specialized area and needs subject expertise may result in limited use practically. The Study tries to explore the views of the upcoming Restaurant entrepreneurs and makes a modest attempt to study the use of various Cost control theories in practical operations. Though most of the theories were found to be in use some way or the other, still awareness needs to be created on the benefits of following the Food & Beverage Control techniques.
The Cornell Hotel and Restaurant Administration Quarterly, 1999
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