Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN: 9781285741550
Author: James Stewart
Publisher: Cengage Learning
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Transcribed Image Text:Week 6 Assignment:
Pricing Too Low
Overview: One of the most common errors new food service operators experience is
pricing their food too low, thinking that they can undercut competitors. In your own
words, explain Question 1 using 3-5 substantial sentences. For question 2, you must
show your MATH and how you calculated the LOWEST MENU SELLING PRICE.
Escoffier
SCHOOL OF CULINARY ARTSTM
1) Explain one reason why undercutting competitors is a poor strategy for success.
2) Using what you have learned in this course, determine the LOWEST POSSIBLE
MENU SELLING PRICE for a slice of cheesecake on your menu. The cheesecake
contains 12 slices and the whole cheesecake costs 11ドル.75 to make. If your restaurant's
desired Food Cost % is 30%, what would be the LOWEST MENU SELLING PRICE for a
single slice of cheesecake?
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