OPERATIONS MANAGEMENT W/ 360 DAY CONNECT
2nd Edition
ISBN: 9781266763212
Author: CACHON
Publisher: MCG
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Chapter 15, Problem 2PA
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To determine: The forecast for station on Friday using the naïve approach.
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Menu Item Sales and Cost Data
Taco Salad: Number Sold: 127; Item Cost: $0.71; Selling Price: $3.25
Lasagna: Number Sold: 48; Item Cost: $0.92; Selling Price: $4.67
Chicken: Number Sold: 31; Item Cost: $1.20; Selling Price: $3.00
Green Beans: Number Sold: 14; Item Cost: $0.20; Selling Price: $1.00
Corn: Number Sold: 13; Item Cost: $0.24; Selling Price: $1.00
Rice: Number Sold: 9;Item Cost: $0.13; Selling Price: $1.00
Menu Item Classification:
Low contribution margin, low menu mix % DOG
High contribution margin, low menu mix % PUZZLE
Low contribution margin, high menu mix % PLOWHORSE
High contribution margin, high menu mix o/o STAR
QUESTION 1
Complete the menu analyses worksheet below. Calculations will be done using the information above.
Restaurant:
Date:
MealPeriod:
(A)
☐
(B) (C)
(D) (E) (F)
(G)
(H)
(1)
(J)
Menu
Mix
Popularity
%
Item Item
Sold/(Menu
Mix
Menu Menu
Item
Food
Menu
Contribution Contribution
Contribution
Category
Item
Mix %): (B/K) Cost
Selling
Margin
Price Margin (E-D)…
1) Around the Clock Production of Fire Nozzles
View the videos Around the Clock Production of Fire Nozzles 1 https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=132KoZwS0yMEgsToDUsZjJe (9.44 minutes, Ctrl+Click on the link) and Around the Clock Production of Fire Nozzles 2 https://media.gaspar.mheducation.com/GASPARPlayer/play.html?id=44JM0cKtFLqHP5bad6KOHAm (7.43 minutes, Ctrl+Click on the link); what are your key takeaways (tie to one or more of the topics discussed in Chapters 12 and/or 13) after watching these videos.
Note: As a rough guideline, please try to keep the written submission to one or two paragraphs.
2) Cyberdyne Systems stocks and sells Cyberdyne glucose meters. The firm gathered the following information from its South Pasadena office:
Demand = 19,500 units per year
Ordering cost = $25 per order
Holding cost = $4 per unit per year
The firm’s operations manager wants to calculate the:
a) EOQ for the glucose meters.
b) Annual holding costs for the…
Chapter 15 Solutions
OPERATIONS MANAGEMENT W/ 360 DAY CONNECT
Ch. 15 - When creating a time seriesbased forecast for the...Ch. 15 - Prob. 2CQCh. 15 - Prob. 3CQCh. 15 - Prob. 4CQCh. 15 - Prob. 5CQCh. 15 - Prob. 6CQCh. 15 - Prob. 7CQCh. 15 - Prob. 8CQCh. 15 - Using the moving average forecast, is it possible...Ch. 15 - Prob. 10CQ
Ch. 15 - Prob. 11CQCh. 15 - Prob. 12CQCh. 15 - Prob. 13CQCh. 15 - Deseasonalizing old demand data is the process of...Ch. 15 - Prob. 15CQCh. 15 - Prob. 1PACh. 15 - Prob. 2PACh. 15 - Prob. 3PACh. 15 - A police station had to deploy police officers for...Ch. 15 - MyApp is a small but growing startup that sees...Ch. 15 - Prob. 6PACh. 15 - Prob. 7PACh. 15 - Prob. 1CCh. 15 - CASE INTERNATIONAL ARRIVALS The U.S. Department of...Ch. 15 - Prob. 3C
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