Menu Development, Planning, Design, and Costing at Waterside Inn
VerifiedAdded on 2023/06/13
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Report
AI Summary
This report provides an in-depth analysis of menu development and planning at The Waterside Inn, a hospitality business focused on delivering quality food and beverage services. The report explores key considerations in menu costing and pricing, including seasonal, direct, and indirect costs. It also utilizes the Menu Engineering Matrix to identify profitable and popular menu items, categorizing them as Stars, Puzzles, Plow Horses, and Dogs. The report further details costed and priced menus designed to meet a range of customer requirements, highlighting the importance of market influence and sales data in adjusting pricing strategies. Effective approaches to menu costing, such as pricing according to competition, demand analysis, and raw material costs, are also discussed. The conclusion emphasizes the significance of aligning customer and business requirements in menu development to maximize profitability.
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