Chp 4
Quiz yourself by thinking what should be in
each of the black spaces below before clicking
on it to display the answer.
Help!
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show | Food cost percentage is the weighted average food cost percentage for all items sold
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Contribution margin | show 🗑
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Contribution margin method | show 🗑
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Demand-driven pricing | show 🗑
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show | Popular formula used to determine menu prices based on the standard food cost %
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show | Best suited in operations with historical data
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Market driven pricing | show 🗑
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show | When the price of the menu item changes based on the current market
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show | The difference between the actual cost of producing an item and the price listed on the menu
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show | When different categories of food can get different markups
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Menu engineering | show 🗑
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Menu matrix | show 🗑
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show | It detailed analyst that shows the quantity sold of each menu item along with their selling prices and standard portion cost
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show | The connection between the selling price of an item it's worth the customers
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show | Focuses on the labor cost involved in food preparation
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show | Refers to the Quotient cost of all other food items served with an entrée
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Ratio pricing method | show 🗑
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Value perception | show 🗑
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To hide a column, click on the column name.
To hide the entire table, click on the "Hide All" button.
You may also shuffle the rows of the table by clicking on the "Shuffle" button.
Or sort by any of the columns using the down arrow next to any column heading.
If you know all the data on any row, you can temporarily remove it by tapping the trash can to the right of the row.
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Created by:
Myth72