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4. A manager is considering staying open one extra hour per day and wants to calculate his minimum sales point (MSP). The manger's variable costs
4. A manager is considering staying open one extra hour per day and wants to calculate his minimum sales point (MSP). The manger's variable costs are 40%, food costs are 30%, and fixed costs are 60%. The minimum labor cost for staying open one extra hour is $125.00. Rounded up to the nearest dollar, what is this manager's MSP? A. $407 B. $427 C. $457 D. $417 5. Each member of a restaurant operator's wait staff can serve 30 guests per each hour worked. The operator anticipates serving 210 guests tomorrow between noon and 1:00 p.m. How many servers must be scheduled between noon and 1:00 p.m. tomorrow to serve the number of anticipated guests? A. 8 B. 7 C. 9 D. 6 6. Which is the foundation of an accurate hotel sales forecast? A. Sales history B. Budget C. Number of rooms currently "on the books" D. Current guest arrival list 7. Based on the following data, what would be this operation's two-day weighted check average? A. $16.00 B. $8.00 C. $9.71 D. $12.29 8. A restaurant manager's operation achieved sales of $72,500 last January, and sales of $77,250 this January. What was this manager's percentage change in sales this January compared to last January? A. 6.55% B. 6.15% C. (6.15%) D. (6.55%) 9. A hotel has 300 available rooms. On Tuesday night the hotel's revenue manage forecasts 50 stayovers, 125 arrivals, 15 no-shows, 10 walk-ins, and 5 early departures. What will be this revenue manager's occupied rooms forecast for Tuesday night? A. 155 B. 175 C. 145 D. 165 10. A hotel has 400 available rooms. On Monday night the hotel's revenue manager forecasts 80 stayovers, 175 arrivals, 10 no-shows, 25 walk-ins, and 10 early departures. What will be this revenue manager's forecasted occupancy \% for Monday night? A. 60% B. 65% C. 70% D. 75%
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