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Revenue Management F&B Services 🍎

Authored by nabila zainal

Mathematics

University

CCSS covered

Used 21+ times

Revenue Management F&B Services 🍎
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10 questions

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1.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

Which value-related factor does a revenue manager seek when he monitor others food-service operators?

Service Level

Location

Competition

Product Quality

2.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

Guest are willing to pay more for the same product when service levels are _________?

Lowest

Higher

Equal

Break-even

3.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

Which menu pricing systems includes prime costs?

Contribution margin

Product cost : plus

Product cost percentage

None of the above

Tags

CCSS.7.SP.A.2

4.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

What is formula used for single food menu item?

Media Image
Media Image
Media Image
Media Image

Tags

CCSS.6.RP.A.3C

5.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

Plow Horses refers to menu items with low popularity and low contribution margin

True

False

6.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

Price blending is the process of pricing food and beverage products with different ______ in such a way as to optimize revenues in a least cost manner.

Cost production

Cost control

Cost ratio

Cost per item

Tags

CCSS.6.RP.A.3B

7.

MULTIPLE CHOICE QUESTION

10 sec β€’ 1 pt

________ plays a role in determining menu pricing because their size directly affect cost.

Portion size

Sales mix

Product quality

Service level

Tags

CCSS.7.SP.A.2

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