QUANTITATIVE FRAMEWORK

$-$

$$PRACTICE #

$2$

$$Given: A

$3$

$0$

$0$

$$seat casual restaurant Average Check is $

$1$

$6$

$$per person Food Cost is

$2$

$5$

$\%$

$$Rent is $

$7$

$5$

$0$

$0$

$/$

$$month Open

$2$

$4$

$$hours a day The employee structure is: a

$.$

Three FT

$,$

$$salaried @ $

$5$

$6$

$,$

$0$

$0$

$0$

$/$

yr b

$.$

Two FT

$,$

$$waged @ $

$1$

$7$

$.$

$0$

$0$

$/$

hr c

$.$

Two FT @ $

$1$

$5$

$.$

$0$

$0$

$/$

hr d

$.$

Twelve PT @ $

$6$

$.$

$0$

$0$

$/$

hr

$+$

$$Tips Step

$1$

$-$

$$Build a baseline model of this restaurant Proposal #

$1$

$$Implement and install elaCarte, a tablet menu system

$/$

kisosk for full service dining:

$$

$$Typical installs see a

$1$

$0$

$\%$

$$increase in average check, but you're unsure about how much you'll reap.

$$

$$Most tables using elaCarte have shorter dine times. Typically around

$7$

minutes faster.

$$

$$Cost o Monthly subscription fee: $

$1$

$/$

tablet per day o Minimum

$3$

$$year contract.