Question: Benihana Simulation: How does batching affect profitability? Why? What is the optimum bar size for maximum profitability? What drives this trade-off? What is the optimal

Benihana Simulation:

  1. How does batching affect profitability? Why?
  2. What is the optimum bar size for maximum profitability? What drives this trade-off?
  3. What is the optimal dining time across a full evening (3 windows) to maximize profits? Why?
  4. What marketing efforts maximize profitability? Why do you think this is the case?
  5. How do more complex batching practices impact profitability? Why?
  6. List your best combination of choices to maximize profitability and your final net financial result. Did you have to sub-optimize any individual variables to achieve a superior overall outcome?
  7. Think of and briefly explain at least one weakness in the model used for this simulation.

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