Food service sales
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A proposed food service facility in Countryville will have 100 seats and be open for breakfast, lunch and dinner, Monday through Saturday. The owner believes its seat turnover(ST) by meal period and average food service check(AFC) will be s follows:
Breakfast Lunch dinner
Day ST AFC ST AFC ST AFC
Monday 1.5 $3.20 1.7 $6.80 0.8 $9.50
Tuesday 1.4 3.20 1.8 6.90 0.7 9.50
Wednesday1.5 3.20 1.8 6.90 0.7 9.50
Thursday 1.5 3.20 1.8 6.90 0.7 9.50
Friday 1.2 3.50 1.6 6.70 1.6 11.50
Saturday 0.7 2.80 0.5 6.20 1.5 11.50
Assume a year has 365 days, and the first day of the year is a Monday.
Question.
1. Calculate the estimated food service sales for the year.
2. Recalculate the estimated food service sales for the year assuming the AFC is .15 lower per meal and the ST is .1 percentage point lower for each meal period (for example, the ST for Monday breakfast is 1.4 rather than 1.5).
3. What is the difference between the total revenues calculated in numbers 1 and 2 above?
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Solution Summary
The solution calculates food service sales for a proposed food service facility.
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A proposed food service facility in Countryville will have 100 seats and be open for breakfast, lunch and dinner, Monday through Saturday.
The owner believes its seat turnover(ST) by meal period and average food service check(AFC) will be s ...
Purchase this Solution
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