Question: Once the chart is completed, make your recommendations. In this section you must be specific with your analysis specific to this menu. Do not simply
- Once the chart is completed, make your recommendations. In this section you must be specific with your analysis specific to this menu. Do not simply write out the definitions of the item classifications, or generic recommendations obtained by an internet search. If you suggest new prices to certain items, state them and why you are changing them. If you want to redesign the menu, show the new menu and why you are placing the items in different order. If you want to remove certain items and replace them, state reasons why, and what items you will add to the menu.
| Menu Item | Number Sold | Menu Mix % | Menu Price $ | Item Food Cost $ | Item CM $ | Gross Margin $ | CM Category | MM% Category | Classification |
| Corned Beef | 126 | 3.69 | 8.95 | 3.25 | 5.70 | 718.20 | L | L | Dog |
| Tuna Salad | 328 | 9.60 | 7.95 | 2.32 | 5.63 | 1846.64 | L | H | Plow Horse |
| Club Sandwich | 420 | 12.29 | 12.00 | 4.30 | 7.70 | 3234 | H | H | Star |
| Hot Turkey | 192 | 5.62 | 10.95 | 2.78 | 8.17 | 1568.64 | H | L | Puzzles |
| Chicken Wings | 923 | 27.00 | 8.50 | 4.75 | 3.75 | 3461.25 | L | H | Plow Horse |
| Veggie Platter | 156 | 4.56 | 9.50 | 1.75 | 7.75 | 1209 | H | L | Puzzles |
| Beef Lasagna | 182 | 5.32 | 14.95 | 9.50 | 5.45 | 991.9 | L | L | Dog |
| Linguine
| 255 | 7.46 | 14 | 8.25 | 5.75 | 1466.25 | L | H | Plow Horse |
| Spring Rolls | 226 | 6.61 | 8.95 | 3.75 | 5.2 | 1175.2 | L | H | Plow Horse |
| Ribeye Steak | 160 | 4.68 | 29.00 | 18.12 | 10.88 | 1740.8 | H | L | Puzzles |
| Clams Casino | 270 | 7.90 | 24.5 | 17.40 | 7.1 | 1917 | H | H | Star |
| Lobster
| 180 | 5.27 | 27.15 | 23 | 4.15 | 747 | L | L | Dog |
| Total
| 3418 | 20,075.88 | |||||||
|
| Avg. CM = $5.87 | Avg. Menu Mix% = 5.83%
|
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
