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Consider the following information: You have recently accepted the restaurant manager position at a popular family-owned Thai restaurant in Northern Queensland. The restaurant is renowned

Consider the following information:

  • You have recently accepted the restaurant manager position at a popular family-owned Thai restaurant in Northern Queensland.
  • The restaurant is renowned for its delicious 'Prawn Curry' dish, which is also the best-selling food item on the menu.
  • To accommodate the locals, the chef only uses the 'meaty' part of the prawns (i.e., no head, no shell) for all curry dishes.
  • Although the restaurant is very successful, neither of the family members has a formal business or hospitality qualification.
  • As the current supplier contracts are due to expire, the chef is seeking your input on a decision relating to the purchase of prawns.
  • More specifically, the chef wants to determine which of the following 3 suppliers is the most cost effective option to move forward with.
  • Assume that the quality of prawns, delivery and other aspects are consistent amongst all suppliers.
  • Type of prawns used for the curry: GOLDEN RIVER
  • Required amount of prawn meat per one (1) portion: 220g.
  • Loss (after preparation) when purchasing whole prawns: 50%.
  • Supplier A: Price per 5kg box of peeled prawns is $400.
  • Supplier B: Price per 3.5kg box of peeled prawns is $350.
  • Supplier C: Price per 1kg of whole prawns is $40.

You are required to:

  • Calculate the cost of one (1) portion of 'Prawn Curry' based on purchasing from Supplier A.
  • Calculate the cost of one (1) portion of 'Prawn Curry' based on purchasing from Supplier B.
  • Calculate the cost of one (1) portion of 'Prawn Curry' based on purchasing from Supplier C.
  • Enter your results in the answer spaces below, rounded to two (2) decimal places (e.g., 5 becomes 5.00, 5.1 becomes 5.10 etc.)

Answer space:

  • The cost of one (1) portion of 'Prawn Curry' based on purchasing from Supplier A is: $ .
  • The cost of one (1) portion of 'Prawn Curry' based on purchasing from Supplier B is: $ .
  • The cost of one (1) portion of 'Prawn Curry' based on purchasing from Supplier C is: $ .

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