What is the procurement tool used by managers to formally request products from vendors?

Knowledge of past sales levels rarely helps managers predict future sales because unknown variables affect how much business will be done during a future period of time.

On Monday, a QSR served 500 guests and achieved revenue of $3,250. What was the operation’s check average on Monday?

When a buyer and seller agree to hold the price of a product constant over a defined period of time they have established a

A manager buys 4 cases of fresh green beans at a quoted price of $18.50 per case. What should be the extended price of the green beans, as listed on the manager’s purchase order?

Unopened bottled wines are highly perishable.

A restaurant achieved $853,564 in sales this year and $769,278 in sales last year. When rounded to the nearest whole percent, what was the restaurant’s percentage variance in sales this year when compared to last year?

What is the inventory management system that utilizes bin cards?

What is the minimum length of time foodservice operations should keep their sales history records on file?

A simplified income statement for The Tampopo Noodle House is shown below: What is the food and beverage cost percentage achieved by The Tampopo Noodle House?