Restaurants use several methods to determine the popularity of competing items on a menu. A sales mix analysis is used to monitor the effectiveness of menu items that best meet the needs of customers and maximize the profits of the operation.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSeveral steps are involved in performing a sales mix analysis.\t\t\t\t\t\t\t\t\tYou are the new Assistant Manager at your hotel’s upscale dining restaurant. The food and beverage\u00a0director asked you to prepare the sales mix analysis on the top 5 competing menu items for the restaurant. Based on the formulas in the textbook, determine the steps in the sales mix analysis and complete the table.\t\t\t\t\t\t\t\t\t(See the template)\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\u00a0\u00b7Determine the menu mix percentage (popularity rate)\t\t\t\t\t\u00a0\u00a0\u00b7Determine menu item CMs\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\u00a0\u00a0\u00b7Calculate average CM (profitability)\t\t\t\t\t\u00a0\u00a0\u00b7Compare menu items and average CMs\t\t\t\t\t\u00a0\u00a0\u00b7Classify the menu items\t\t\t\t\t\u00a0\u00a0\u00b7Make a recommendation on which items (if any) should be dropped\t\t\t\t\t\t\t\u00a0\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tSubmit the completed table to the Dropbox.\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tDirections for Submitting Your Assignment\t\t\t\t\t\t\t\t\tCompose your assignment in a Microsoft Word\u00ae document and save it as Username-AB 213 Assignment-Unit#.doc (Example:TAllen- AB 213 Assignment-Unit 2.doc). Submit your file by selecting the Unit 2: Assignment Dropbox by the end of Unit 2.<\/p>\n","protected":false},"excerpt":{"rendered":"
Restaurants use several methods to determine the popularity of competing items on a menu. A sales mix analysis is used to monitor the effectiveness of menu items that best meet the needs of customers and maximize the profits of the Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-199109","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/199109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=199109"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/199109\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=199109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=199109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=199109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}