Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

This chapter introduced six different action steps managers could take to reduce their cost of food and cost of food percentages when they encounter rising costs. In some foodservice settings, such as schools, colleges, correctional, and health care facilities, however, managers are allotted a fixed amount of money to spend per meal served and this amount may only be adjusted on an annual basis. Thus, managers of these facility types cannot readily increase their prices in the face of rising costs.  Review the six alternative cost reduction strategies presented in the chapter and identify three specific actions you would recommend such managers take to stay within their budgets during times of rapidly rising product costs.

Chapter 5 Food and Beverage Cost Control 6th Edition; Lea R. Dopson, David K. Hayes.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M93085721

Have any Question?


Related Questions in Operation Management

1 tesla model 3 is sold through two or more channels

1. Tesla Model 3 is sold through two or more channels, identify any channel conflict that could occur, and specify whether this represents vertical or horizontal conflict. How could Tesla help avoid this conflict? 2. Wha ...

1 in this hr mangament chapter on selection we understand

1. In this HR Mangament chapter on selection, we understand it is important for managers to make good selection decisions. Please explain. There are several types of selection tests that can be used in the process of sel ...

We will have one gradable discussion topics this week

We will have one gradable discussion topics this week titled “Web Mining” worth 30 points. Each student will however do three posts. In this week’s discussion, you will be evaluated on “Quality, Quantity, and Content.” Q ...

You are thinking about starting a new business that makes

You are thinking about starting a new business that makes and sells a product similar to Red Bull. Why is this magical drink that “gives you wings” under government scrutiny in several countries? What are the ethical iss ...

One unit of a is composed of two units of b and three units

One unit of A is composed of two units of B and three units of C. Each B is composed of one unit of F. C is made of one unit of D, one unit of E, and two units of F. Items A, B, C, and D have 15, 40, 36, and 25 units of ...

This is related sourcing and supplier relationships in

This is related Sourcing and Supplier Relationships in Supply chain (1) Using suitable examples, distinguish between “Strategic Items” and “Core Standard Items”. (2) Should a company develop partnership relationship with ...

Leadership is a process that occurs in groups involves

Leadership is a process that occurs in groups, involves influence and has a common goal (Northouse, 2013). So by incorporating the word leadership into servanthood, we would expect the title to ring true. To a certain de ...

1 highlight the benefits of applying talent development

1. Highlight the benefits of applying talent development within all organisations. 2. Do you believe that leadership skills are natural or learned. given that perspective, give some examples stratergies that help to hone ...

Olivia buys an all-terrain-vehicle atv from fun times inc

Olivia buys an all-terrain-vehicle (ATV) from Fun Times, Inc., on credit but makes no payments on the account. Eric, the owner of Fun Times, calls Olivia at home on a Monday morning at three a.m. Eric represents himself ...

1 in suing to recover for environmental damage under the

1. In suing to recover for environmental damage under the common law, plaintiffs generally have had causes of action in: nuisance. trespass. strict liability. All of these. 2. The National Pollutant Discharge Elimination ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As