LU9 + LU10 - LU9: Food & Beverage - Selling Prices & Menu Engineering
5 important questions on LU9 + LU10 - LU9: Food & Beverage - Selling Prices & Menu Engineering
Profitability is defined in terms of contribution margin
How to advise Stars?
- Maintaining rigid specifications
- Place in a highly visible location on the menu
- Test for selling price inelasticity
- Use suggestive selling techniques
How to advise Plowhorses?
- Increase prices carefully
- Test for demand
- Relocate items to lower profile on the menu
- Shift demand to more profitable items
- Combine with lower-cost products
- Assess the direct labor factor
- Consider portion reduction
- Higher grades + faster learning
- Never study anything twice
- 100% sure, 100% understanding
How to advise Puzzles?
- Shift demand to these items
- Consider a price decrease
- Add value to the items
How to advise Dogs?
- Remove from the menu
- Increase the selling price
The question on the page originate from the summary of the following study material:
- A unique study and practice tool
- Never study anything twice again
- Get the grades you hope for
- 100% sure, 100% understanding