In this research work, a problem related to the most expensive cut that is purchase (Tenderloin) by food service operations company has been analyzed. The monthly relevant data such related to fixed and variable costs was collected. The monthly demand and average selling price of Tenderloin observed. The breakeven point, Sensitive analysis and Monte Carlo simulation were done. The risk associated with the loss (22%) has been observed and recommendations were given to enhance the price.
Undergraduate Student Paper Competition
What-If Analysis at a food service operation
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