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
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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
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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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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
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“The evacuation of children in World War Two was a great success.” How far do the sources you have used support this interpretation of evacuation in World War Two? (25 marks) Before the War in September 1939‚ the government understood the risk of air raids and the danger they bring upon major cities in England. Plans for evacuation started as early as 15 years before in 1924; the Air Raid Precaution Committee (ARPC) identified London as the main target‚ with children as the biggest concern. The
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[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
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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
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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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Characteristics and Issues | Benihana of Tokyo | Broadway Pizza | Conflicts & Lessons | Competitive Advantage | * Low cost (competitor) * Labor cost * Strategic Marketing * Low waste * Lower overhead | * Use of technology * Family oriented | Rocky Aoki was able to keep labor‚ food‚ beverage and facility costs lower than traditional restaurant design using hibachi grills‚ a new service innovation. This service innovation however‚ did require higher marketing costs‚ as the American
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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‚
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