This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: What is the formula restaurant managers use to calculate their inventory turnover rates? (Read 170 times)

ssal

  • Hero Member
  • *****
  • Posts: 572
on: Aug 15, 2020

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
The Professional Restaurant Manager ¦ Hayes, Miller, Ninemeier ¦ 1st Edition
Buy Test-Bank


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
Reply #1 on: Aug 15, 2020
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
Gracias!

nanny

  • Member
  • Posts: 313
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

How to calculate simple interest (Part 1) How to calculate simple interest (Part 1)
How to calculate credit card interest when the interest is compounded How to calculate credit card interest when the interest is compounded
Ho to calculate the ATP of a 12-Carbon fatty acid, beta oxidation Ho to calculate the ATP of a 12-Carbon fatty acid, beta oxidation
Calculate KP for the following reactions at the indicated temperature. Calculate KP for the following reactions at the indicated temperature.
How to calculate the DRT to determine which is more effective against the pathogen How to calculate the DRT to determine which is more effective against the pathogen
Gray Morris's Calculate with Confidence, Canadian Edition, 2nd Edition Gray Morris's Calculate with Confidence, Canadian Edition, 2nd Edition
Video: Allergic Rhinitis

For a complete list of videos, visit our video library