1) Sales and costs (percentages are relative to gross sales‚ unless stated otherwise) | Percentages | Dollars/yr | | Typical Restaurant | Typical Benihana Restaurant | Typical Benihana Restaurant | Gross Sales | 100% | 100% | $1‚300‚000 | Food Sales | 70-80% | 70% | $910‚000 | Beverage Sales | 20-30% | 30% | $390‚000 | Food cost‚ % of food sales | 38-48% | 30% | $273‚000 | Beverage cost‚ % of beverage sales | 25-30% | 20% | $78‚000 | Gross profit | 55-65% | 73% | $949‚000 |
Premium Marketing Generally Accepted Accounting Principles Revenue
Are short-answer questions better than multiple-choice questions for assessing the understanding of English language learners? Assessment is an essential and vital source of information about students ’ language-learning needs (Gibbons‚ 2002). Assessments are a good way for teachers to get an idea of what their students already know and good at and to assess and evaluate which areas of language needs reinforcement. Teachers through day-to-day teaching and learning activities can assess their
Premium Multiple choice Assessment Answer
Death of a Salesman What questions has the play raised so far? Does the audience have any answers? From reading three quarters of ‘Death of a salesman’ many questions have surfaced from the play. I think that the main question that has been raised so far from the play is the American Dream. The American Dream is the dream people have for themselves and their family; good job‚ good home‚ good life and to be treated fairly. In Willy loman case anyone who worked hard and was “well liked” in business
Premium Question Interrogative word Sentence
Benihana Simulation Analysis Harvard Business Publishing has created a computer simulation to replicate the operations management decisions facing Benihana. Benihana is a teppanyaki style restaurant franchise that focuses on bringing a theatrical dinning experience to its patrons. The layout of the restaurant consists of two seating areas: the bar and the dining area. The goal of this simulation is to maximize utilization‚ throughput time and the nightly profit using different batching‚ bar sizing
Premium Profit maximization Restaurant Profit
Recommendation Benihana restaurants have been amassing great success for many years‚ however there are several recommendations that could create even more success and profitability for them. Benihana should consider expanding into high-end hotel chains while maintain management control. They should terminate the use of franchises as well as the idea of a fast food chain. Benihana also should avoid focusing on targeting the younger generation. In order to help improve the size of their customer
Premium Fast food restaurant Restaurant Food
[pic] ASSIGNMENT FRONT SHEET Course Title: M921- Managing Service Operations in the Evolving Business Environment Faculty: A. Gervaix Student Class: MBA - group B Assessment Title: Benihana Simulation Analysis Due Date: September 21‚ 2012 Due Time: Midnight Word Count: Statement of Authorship I certify that this assignment is my own work and contains no material which has been accepted for the award of any degree or diploma in any institute‚ college or university
Premium Time English-language films Present
Question 1: What is the Benihana concept? Benihana concept is based on Job Shop primarily because of following reasons: 1) Job shop is a process where typically ore or few of a kind are made at one time‚ similar to what Benihana does. If we look at Teppanyaki table it serves steak‚ filet mignon‚ chicken and shrimps at one time basis customer preference /selection 2) In Job shop we require a skilled craftsmen who can customize the product as per customer requirement‚ similar to what the
Premium Filet mignon Employment The Order
Behihana of Tokyo‚ Inc. v. Benihana‚ Inc.‚ 906 A.2d 114 (Del. 2006) Facts: Rocky Aoki founded Benihana of Tokyo‚ Inc. (BOT)‚ and its subsidiary‚ Benihana‚ which own and operate Benihana restaurants in the United States and other countries. Aoki transferred his 100% ownership of BOT to Benihana Protective Trust in 1998 in order to avoid licensing problems stemming from his conviction on insider trading charges. Benihana‚ a Delaware corporation‚ had two classes of common stock. There were 6 million
Premium Stock Corporation Fiduciary
The Benihana simulation allows you to become the ultimate decision maker with many of the large aspects of the restaurant. The simulation forces you to think about the size of the bar and seating area‚ whether or not you will batch the patrons‚ how quickly you would like to get your patrons in and out of the restaurant‚ how much money you should spend on advertising and how to spend that money. I think this simulation was a great way to help one focus on how to optimize the factors involved in
Premium Time Term Revenue
districts) -Affordable prices - Chefs are well trained in Benihana presentation‚ as well as American manners and English language: provides a consistent and quality experience -Major Advertising investment: shows Benihana as a unique experience‚ not advertised in a typical way: not in entertainment section‚ doesn’t refer to “restaurant” 2. Compare the operating statistics for a typical restaurant (see Exhibit 1) with those of Benihana for major categories such as food cost‚ beverage cost‚
Free Restaurant Food Eating