Online quiz ch.11 | HTM 4454 - Hospitality Revenue Management, Quizzes of Tourism Economics and management

Download Online quiz ch.11 | HTM 4454 - Hospitality Revenue Management and more Quizzes Tourism Economics and management in PDF only on Docsity! TERM 1 Menu items sold DEFINITION 1 Which factor has historically provided the basis for a foodservice managers assessment of revenue generation efficiency? TERM 2 25% DEFINITION 2 For analysis purposes Jenny considers her restaurant to have three day parts. These three are breakfast, lunch and dinner. Last month Jennys breakfast sales were $44,000. Total sales were $176,000. What percent of sales were contributed by breakfast? TERM 3 $100,000 DEFINITION 3 Aprils sales at Rajas restaurant this year were $80,000. That was a decrease of 20% compared to the revenue achieved in April of last year. What was the amount of revenue achieved in Rajas restaurant during April of last year? TERM 4 $30.00 DEFINITION 4 Alices restaurant is located in a shopping mall. Her store occupies 950 square feet. Last month Alices revenues were $28,500. What was the revenue per square foot achieved by Alices restaurant last month? TERM 5 25% DEFINITION 5 Last month revenue in Sofias take out pizza shop was $50,000. Sofia used 1250 labor hours to generate the revenue and she pays her employees an average of $10.00 per hour. 5000 guests were served in the month. What was Sofias Labor Cost % for the month?