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Apr 15, 2019 · The simple objective of menu engineering is to increase profit per guest at a restaurant. This is achieved through a carful analysis of the profitability and popularity of individual menu items, followed by the placement of items on the menu to encourage guests to choose particular dishes.
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First, you use insights from your POS system sales reports to identify your bestsellers. The broader the data set, the better, but do consider seasonal swings too. Next, work through your menu to determine the gross profit margin for each menu item.
At a certain fast food restaurant, 77.5% of the customers order items from the value menu. If 14 customers are randomly selected, what is the probability that at least 9 customers ordered an item from the value menu? Use Excel to find the probability. Round your answer to three decimal places.
Use TI-84 calculator to find the probability. Round your answer to three decimal places. Certain fast food restaurant 81.3% of the customers order selected items from the value menu. If 15 customers are randomly selected, what is the probability that at least 2 customers ordered an item from the value menu? Use TI-84 calculator to find the ...
