Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available on the property to expand the restaurant. The restaurant is open from 6 p.m. to 10 p.m. each night (except Monday) and, on average, has 30 customers enter the bar and 50 enter the dining room during each of those hours. Taylor has noticed the trends over the last 2 years and expects that within about 4 years, the number of bar customers will increase by 50% and the dining customers will increase by 20%. Taylor is worried that the restaurant will be not be able to handle the increase and has asked you to study its capacity. In your study, you consider four areas of capacity: the parking lot (which has 87 spaces), the bar (64 seats), the dining room (100 seats), and the kitchen. The kitchen is well-staffed and can prepare any meal on the menu in an average of 12 minutes per meal. The kitchen, when fully staffed, is able to have up to 20 meals in preparation at a time, or 100 meals per hour (60 min/12 min × 20 meals). To assess the capacity of the restaurant, you obtain the additional information:
Required:
1-b. Calculate the expected total throughput margin for the
restaurant per day, and month (assuming a 26-day month).
Remarks | Particulars | Bar | Dining Room |
a | No of customers pe hour | 30 | 50 |
b | No of days | 26 | 26 |
c | No of hours | 4 | 4 |
d | Increase within 4 years | 50% | 20% |
e | Revenue per person | 7 | 22 |
f | Cost | 1 | 5 |
Now, | |||
g=a+(a*d) | No of customers per hour in coming 4 years | 45 | 60 |
h=g*4 | No of customers per day | 180 | 240 |
i=(e-f) | Contribution per customer | 6 | 17 |
g=i*h | Thoroughput Margin per day($) | 1,080 | 4,080 |
Also, | |||
h=h*b | Thoroughput Margin per month($) | 28,080 | 106,080 |
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area....
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available on the...
Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available on the...
Required information Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available...
Required information Taylor’s is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available...
Required information Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available...
Check my work Required information Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the 0.33 owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen,...
Required information Taylor's is a popular restaurant that offers customers a large dining room and comfortable bar area. Taylor Henry, the owner and manager of the restaurant, has seen the number of patrons increase steadily over the last two years and is considering whether and when she will have to expand its available capacity. The restaurant occupies a large home, and all the space in the building is now used for dining, the bar, and kitchen, but space is available...
taylor has obtained construction eatimates. to increase the capacity of the barbto 116 seats, the doning room to 126 seats, and the kitchen to 25 meals at the same time would cost 250,000 which taylor could finance for 5,000 per month for the next years. there would be no change to the parking lot. given the analysis above, prepare a brief recommendation to Taylor regarding expanding the restaurant. this is essay question for the forth picture Required information Taylor's is...
The Benihana West side in Manhattan has a bar (waiting area) that can sit 8 customers, and has another 40 seats (5 tables that seat 8 each) in the dining area. Customers do not dine in the bar area, they just stay there until a table in the dining area becomes available. Waiting customers are always seated in groups of 8 as soon as a table is free. Customers know this, and so always arrive in groups of 8 to...
Special-Order Pricing Barry’s Bar-B-Que is a popular lunch-time spot. Barry is conscientious about the quality of his meals, and he has a regular crowd of 800 patrons for his $9.90 lunch. His variable cost for each meal is about $4.00, and he figures his fixed costs, on a daily basis, are about $3,200. From time to time, bus-tour groups with 50 patrons stop by. He has welcomed them because he has capacity to seat 900 diners in the average lunch...