Practical Operations Management
2nd Edition
ISBN: 9781939297136
Author: Simpson
Publisher: HERCHER PUBLISHING,INCORPORATED
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Chapter 7, Problem 22P
Summary Introduction
Interpretation:
The standard deviation of the given case critical path.
Concept Introduction:
The standard deviation is a quantity stating by how much group members differ from the mean value of that group. Standard deviation also determines how spread out the data is.
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Thank you so much! I was able to answer C without help! Can you assist me with slack time for A-F? I believe A=0
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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)…
Chapter 7 Solutions
Practical Operations Management
Ch. 7 - Prob. 1DQCh. 7 - Prob. 2DQCh. 7 - Prob. 3DQCh. 7 - Prob. 4DQCh. 7 - Prob. 5DQCh. 7 - Prob. 6DQCh. 7 - Prob. 1PCh. 7 - Prob. 2PCh. 7 - Prob. 3PCh. 7 - Prob. 4P
Ch. 7 - Prob. 5PCh. 7 - Prob. 6PCh. 7 - Prob. 7PCh. 7 - Prob. 8PCh. 7 - Prob. 9PCh. 7 - Prob. 10PCh. 7 - Prob. 11PCh. 7 - Prob. 12PCh. 7 - Prob. 13PCh. 7 - Prob. 14PCh. 7 - Prob. 15PCh. 7 - Prob. 16PCh. 7 - Prob. 17PCh. 7 - Prob. 18PCh. 7 - Prob. 19PCh. 7 - Prob. 20PCh. 7 - Prob. 21PCh. 7 - Prob. 22PCh. 7 - Prob. 23PCh. 7 - Prob. 24PCh. 7 - Prob. 25PCh. 7 - Prob. 26PCh. 7 - Prob. 27PCh. 7 - Prob. 28PCh. 7 - Prob. 29PCh. 7 - Prob. 30PCh. 7 - Prob. 31PCh. 7 - Prob. 32PCh. 7 - Prob. 1.1QCh. 7 - Prob. 1.2QCh. 7 - Prob. 1.3QCh. 7 - Prob. 1.4QCh. 7 - Prob. 2.1QCh. 7 - Prob. 2.2QCh. 7 - Prob. 2.3Q
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