Forecast
Number of guest served and their revenues for a future time period
What is a sales forecast
Consistent quality & yield for a specific kitchen
What is a standardized recipe?
Pricing Factor (x) Food Cost = ?
Hint: Another name for pricing factor is mark-up factor
What is menu price?
1 (-) Waste %
OR
EP Quantity (/) AP Quantity
Total # of a specific item sold / Total # of all items sold
What is popularity index?
Portion Size
Ingredient List
Preparation Method
What is information found on a standardized recipe?
Chicken Maderia costs $5.60 to make. You need to keep a 35% food cost. What should the selling price be?
What is $16.00?
You have banana's foster on your menu and you need to purchase fresh bananas. You purchase 25#, and after you peel and slice them you have 16.575# left for your dessert. What was the waste percent for the bananas?
What is 33.7%?
Last years sales $100,000
Projected increase for this year is 3.4%
What are the projected sales in dollars?
$103,400
New Amount / Old Amount = ?
What is the recipe conversion factor?
Amount that remains after the product cost of the menu item is subtracted from the selling price?
What is contribution margin?
Your salsa recipe calls for 1/2 cup of tomatoes, and the forecasted amount is for 130 guests. How many cups will you need?
What is 65 cups?
How many years should a manager keep sales records for?
2 years
Recipe yields 50 portions. You need 150 portions. What is the recipe conversion factor?
3
What does the contribution margin contribute to?
What is food, labor, all other expenses and profit?
If you need 65 cups of tomatoes, and each cup of diced tomatoes weighs 5.9 ounces, how many pounds would you need?
What is 23.97#?
Changes in selling price, new competitors, facility renovations
What are factors to consider when forecasting sales and revenue?
Recipe yields 600 ounces of 100 portions. 15% is flour. New yield is 200 portions. How many pounds of flour is needed?
What is 11.25#?
What is value pricing?
The yield for diced tomatoes is 78.4%. If you need 23.97#, how many AP pounds should you order?
What is 30.57#?