This topic contains a solution. Click here to go to the answer

Author Question: Describe several types of pricing discounts and explain rebates. What will be an ideal ... (Read 82 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
Describe several types of pricing discounts and explain rebates.
 
  What will be an ideal response?

Question 2

Describe the tools managers use to estimate food-production levels.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

deja

  • Sr. Member
  • ****
  • Posts: 332
Answer to Question 1

Discounts are deductions from the normal price that a buyer pays to a vendor. There are several types of discounts. These include discounts for prompt payment, for increased quantities purchased, for customer status such as membership in a specific company, and special and promotional discounts. The latter may be offered when a seller is interested in reducing inventories of older or discontinued products. Rebates are reductions to price after a purchase has been made at the normal selling price. The results of discounts and rebates should be considered in the price used as a basis for comparison with other vendors.

Answer to Question 2

Managers develop sales forecasts to project revenue and costs for given time periods. Managers use historical data, as well as menu mix analyses based on those data, to estimate the number of menu items needed for a given shift or day. Managers populate the food-production chart to communicate to the staff the estimated levels of each food item to prepare. When needed, managers scale recipes to the appropriate yields, as indicated on the food-production chart. Managers also know how to calculate yields for all recipes.




captainjonesify

  • Member
  • Posts: 543
Reply 2 on: Aug 10, 2018
Great answer, keep it coming :)


strudel15

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Human neurons are so small that they require a microscope in order to be seen. However, some neurons can be up to 3 feet long, such as those that extend from the spinal cord to the toes.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

For a complete list of videos, visit our video library