1. Where do you see Benihana has the most advantage? And what allows it to achieve such advantages? Percentages Dollars/yr. Typical Benihana restaurant $1‚300‚000 $910‚000 $390‚000 $273‚000 $78‚000 $949‚000 $130‚000 $130‚000 $65‚000 $162‚500* $461‚500 $30‚000 $431‚500 $215‚750 $215‚750 $245‚750 1.2 years Sales and costs (percentages are relative to gross sales‚ unless stated otherwise) Gross sales Food sales Beverage sales Food cost‚ % of food sales Beverage cost‚ % of beverage sales Gross profit
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5 5 Simulation Run 1 600 3 51 0 0 Simulation Run 2 600 3 85 0 1 Simulation Run 3 600 3 28 0 0 Lesson 1: Step 2 Population Number Population Density Starting Number of Contagious People Sick Days Reported Contagious Contagion Rate Prediction 1 (low) 125 Low 5 90 250 1.5 Simulation Run 1 200 Low 3 340 2 1.7 Simulation Run 2 200 Low 3 366 2 1.8 Simulation Run 3 200 Low 3 474 3 2.4 Prediction 2 (high) 490 High 5 2000 20 7.0 Simulation Run 1 900 High 3 3661 3 4.1 Simulation Run 2
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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
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As part of the Therapeutic Recreation (TR) for Special Population course‚ I was tasks to simulate four disabilities to experience a range of disability simulations‚ develop empathy and appreciation for the lived experience of individuals with a disability‚ to reflect on my own pre-existing values and belief systems regarding individuals with a disability‚ and to reflect upon the requirements of recreation therapy service delivery for groups of people and individuals with a disability. I thought
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ittlefield Simulation #1: Capacity Management Team: Computronic When the simulation began‚ we quickly determined that there were three primary inputs to focus on: the forecast demand curve (job arrivals‚) machine utilization‚ and queue size prior to each station. Specifically we were looking for upward trends in job arrivals and queue sizes along with utilizations consistently hitting 100%. Upon initial analysis of the first fifty days of operations‚ the team noticed that Station 1 had reached
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Read the "JET Copies" Case Problem on pages 678-679 of the text. Using simulation estimate the loss of revenue due to copier breakdown for one year‚ as follows: In Excel‚ use a suitable method for generating the number of days needed to repair the copier‚ when it is out of service‚ according to the discrete distribution shown. In Excel‚ use a suitable method for simulating the interval between successive breakdowns‚ according to the continuous distribution shown. In Excel‚ use a
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Bishop’s Centenary College (St. Cecilia’s) Wednesday 3rd October‚ 2012 Electronic Document Preparation and Management Project 1- Ms Douglas Form- 4B1 Topic: Build a Computer Network Table of Contents Build a computer Network ……………………………………………………….. 1 What is a computer…….……………………………………………………………. 2 (b) What are the main types of computers used in a Network? … 2 What is a Network…………………………….…………………………………… 3 What hardware and software is found in a computer network………..
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different types of problems: dynamic programming‚ linear programming‚ and critical path method are used in handling complex information in allocation of resources‚ inventory control‚ and in determining economic reorder quantity; forecasting and simulation techniques such as Monte Carlo method are used in situations of high uncertainty such as market trends‚ next period ’s sales revenue‚ and traffic patterns. Also called decision science‚ management science‚ or operational research. Operational research
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This report provides an in-depth analysis of the two Everest Simulations conducted by Group 10 of MGMT1001 Thursday Tutorial. This task required students to form teams consisting of five to six members whose goals were to summit Mount Everest. While it provided us with a rich experience in team dynamics and collaboration‚ it also enabled us to explore key managerial concepts taught in the course‚ consisting of: • Communication • Groups and Teams • Leadership In this report‚ we examine the effectiveness
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Mathematical Models Contents Definition of Mathematical Model Types of Variables The Mathematical Modeling Cycle Classification of Models 2 Definitions of Mathematical Model Mathematical modeling is the process of creating a mathematical representation of some phenomenon in order to gain a better understanding of that phenomenon. It is a process that attempts to match observation with symbolic statement. A mathematical model uses mathematical language to describe a system. Building a
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