Question: In Sales Forecasting, an average that is determined for a SPECIFIC period of time is called : Rolling average Fixed average Mean Median Which department
- In Sales Forecasting, an average that is determined for a SPECIFIC period of time is called :
- Rolling average
- Fixed average
- Mean
- Median
- Which department in the hotel is responsible for issuing the BEO to the other departments?
- Banquet team
- Front Office team
- F&B team
- Sales team
- Which of the following documents is not required for menu engineering?
- Reservation history
- Void record
- Daily sales report
- Recipe and preparation method of each menu
- A guests first impression of a restaurant occurs:
- At the first contact.
- When ordering the food.
- After greeting and seating.
- After they have tasted the food.
- The service of food and beverages at a specific time and place, to a given number of people, to an agreed menu and price, is known as:
- Fine dining
- Banqueting
- Airline catering
- None of the above
- All of the following, are components of the restaurant marketing mix except:
- Place
- Property
- Processes
- Physical evidence
- All the following factors influence menu engineering / design, except:
- The managers taste and liking
- Skills involved in producing the dish
- Availability of ingredients-Seasonality
- The overall popularity/ profitability of menu items
- If the F&B Department has fixed costs of THB 500,000 and a 80% variable cost rate, its break-even point is:
- THB 2,000,000
- THB 2,500,000
- THB 1,500,000
- None of the above
- Which of the following is a major typical category/account of the Restaurant Income Statement (R.I.S)?
- Salaries & Employee Benefits Expenses
- Operating/Controllable Expenses
- Occupancy & Utilities Expenses
- All the above
- What is a suitable plan of action if you dont want your business going into the stage of decline?
- Renovate or reinvest into your business
- Sell your business
- Hire new staff
- Start saving money in order to start a new business life cycle
- If a menu item qualifies as being highly popular, and generates individually a very high profit margin; in which category should this menu item be classified?
- Star
- Horse
- Puzzle
- Dog
- The cost orientation approach to a Food and Beverage business displays all of the following characteristics, except:
- Lower percentage of fixed costs, but a higher percentage of variable costs
- Costs vary with changes in volume of the businesss sales
- Greater reliance on decreases in costs rather than increases in sales
- Relatively unstable market demand for the product
- The total required revenue to break-even in December 2016 is THB 1,000,000.- On 28th December 2016, we have already made THB 900,000.- What is the required daily revenue for another 3 days until the end of the month in order to break even?
- 32,258.06
- 63,333.33
- 25,000.
- 33,333.33
- If a menu item qualifies as being highly popular, yet does NOT generate individually a very high profit margin; in which category should this menu item be classified?
- Star
- Horse
- Puzzle
- Dog
- Changes in the demographic, economic, technological and political environment
- Will have a major impact on how foodservice managers operate.
- Will have a moderate impact on how foodservice managers operate.
- Are not expected to be significant enough to impact how foodservice managers operate.
- Have little or nothing to do with the food and beverage industry
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