A Foodservice Manager's Menu Includes an Entree with a Popularity

question 4

Multiple Choice

A foodservice manager's menu includes an entree with a popularity index of 0.30. What will be the predicted number to be sold of this entrée on a day the manager forecasts 450 guests will be served?

• A) 30
• B) 45
• C) 135
• D) 150

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Definitions:

Unrealized Gain

A profit that results from holding onto an asset rather than selling it, not reflected in cash flow or income until the asset is sold.

Positive Gross Profit

A financial state where a company's revenue from sales exceeds its cost of goods sold.

Transfer of Assets

The act of transferring ownership of assets from one party to another, which can include both tangible and intangible assets.

Realized Portion

The segment of profits or losses that has been confirmed through completed transactions, such as the sale of goods or services, resulting in the actual receipt or payment of cash.