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

Author Question: What is the formula restaurant managers use to calculate their inventory turnover rates? (Read 185 times)

ssal

  • Hero Member
  • *****
  • Posts: 572

Question 1

What is the first step in the five-step labor cost control system used by restaurant managers?
◦ Schedule staff
◦ Forecast revenue
◦ Select productivity measures
◦ Establish staffing requirements

Question 2

What is the formula restaurant managers use to calculate their inventory turnover rates?
◦ Cost of goods sold (X) Average inventory = Inventory turnover rate
◦ Cost of goods sold (+) Average inventory = Inventory turnover rate
◦ Cost of goods sold (÷) Average inventory = Inventory turnover rate
◦ Cost of goods sold (-) Average inventory = Inventory turnover rate


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by ssal on Aug 15, 2020

shailee

  • Sr. Member
  • ****
  • Posts: 392
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly




ssal

  • Member
  • Posts: 572
Reply 2 on: Aug 15, 2020
:D TYSM


adf223

  • Member
  • Posts: 304
Reply 3 on: Yesterday
Gracias!

 

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library