Author Question: The most popular type of beverage in China is beer, thanks to European explorers and traders ... (Read 67 times)

jeatrice · **on:** Aug 10, 2018

The most popular type of beverage in China is beer, thanks to European explorers and traders throughout its long history.

Indicate whether the statement is true or false

Question 2

List and describe the forecasting methods used by restaurant and foodservice managers.

What will be an ideal response?

kingfahad97 · **Reply #1 on:** Aug 10, 2018

Answer to Question 1

FALSE

Answer to Question 2

There are two major forecasting methods that are used by restaurant and foodservice managers. The percentage of sales method forecasts cost of sales and labor cost relative to expected revenue. The simple markup method forecasts sales and expenses by adding the expected growth rate to last year's figures.