Week 6 Assignment: Pricing Too Low Overview: One of the most common errors new food service operators experience is pricing their food too low, thinking that they can undercut competitors. In your own words, explain Question 1 using 3-5 substantial sentences. For question 2, you must show your MATH and how you calculated the LOWEST MENU SELLING PRICE. Escoffier SCHOOL OF CULINARY ARTS™ 1) Explain one reason why undercutting competitors is a poor strategy for success. 2) Using what you have learned in this course, determine the LOWEST POSSIBLE MENU SELLING PRICE for a slice of cheesecake on your menu. The cheesecake contains 12 slices and the whole cheesecake costs $11.75 to make. If your restaurant's desired Food Cost % is 30%, what would be the LOWEST MENU SELLING PRICE for a single slice of cheesecake? | M O O O

Week 6 Assignment: Pricing Too Low Overview: One of the most common errors new food service operators experience is pricing their food too low, thinking that they can undercut competitors. In your own words, explain Question 1 using 3-5 substantial sentences. For question 2, you must show your MATH and how you calculated the LOWEST MENU SELLING PRICE. Escoffier SCHOOL OF CULINARY ARTS™ 1) Explain one reason why undercutting competitors is a poor strategy for success. 2) Using what you have learned in this course, determine the LOWEST POSSIBLE MENU SELLING PRICE for a slice of cheesecake on your menu. The cheesecake contains 12 slices and the whole cheesecake costs $11.75 to make. If your restaurant's desired Food Cost % is 30%, what would be the LOWEST MENU SELLING PRICE for a single slice of cheesecake? | M O O O

Calculus: Early Transcendentals

8th Edition

ISBN:9781285741550

Author:James Stewart

Publisher:James Stewart

Chapter1: Functions And Models

Section: Chapter Questions

Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...

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