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Flashcards for restaurant management review.
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What is FIFO?
A method of stock rotation (First In, First Out)
How do you extend inventory?
Multiply the unit cost by the number of units.
Which documents should be compared when receiving?
Purchase order and delivery invoice.
What does a food date labeling system do?
Helps increase food safety and inventory control accountability.
How do you calculate daily food cost?
Requisitions + Transfers In - Transfers Out
How do you calculate inventory turnover?
(Opening + Closing Inventory ÷ 2) → Average Inventory. Cost of Food Sold ÷ Avg Inventory = Turnover Rate
What type of inventory is counted and priced?
Physical inventory
What is a credit memo used for?
To account for missing, returned, or spoiled items.
What does the Uniform Commercial Code require?
Buyer must reject goods in a timely fashion.
What document allows products to be issued?
Issue requisition
What is a production schedule based on?
Knowing the percentage of each item’s sales.
How many quiches to make for 40 servings if 1 quiche = 6 servings?
7 quiches (40 ÷ 6 = 6.7 → round up)
Why use a production chart?
To meet customer demand.
450 customers expected, lamb stew = 27% of sales, recipe yields 25 portions. How many portions needed?
122 (450 × 0.27 = 121.5 → round up)
Conversion factor to make 122 portions from 25?
4.9 (122 ÷ 25 = 4.88)
Convert 0.9 lb to oz (rounded)?
16 oz
Taste tests are part of what function?
Quality-control line check
Why are guests not finishing meals?
Portions may be too large
What helps serve hot food better?
Put hot food on hot plates
Why use liquor control systems?
To control beverage pour costs
What is at the center of portion control?
The menu
What happens if you serve larger portions than standard?
Food costs go up
What should a cost-control training manual include?
Customer service standards
Why use suggestive selling?
To increase profitability
Best way to track high-cost items like steak?
Create a product usage report
Who matches guest checks in duplicate system?
Bookkeeper
POS systems help managers do what?
Match sales with guest orders
What system ensures food is paid for before it leaves kitchen?
POS control system
What should a manager do if a guest skips out on a bill?
File a police report
Who takes end-of-shift cash register readings?
Manager
What does labor cost include?
Payroll, taxes, benefits, insurance
Who pays FICA?
Both employer and employee
Labor cost percentage formula?
Labor ÷ Sales × 100
Best way to determine how many servers to schedule?
Covers per labor hour
What is labor usage forecast based on?
Sales volume
What are budgets based on?
Projected sales and costs
Budget = $540, wage = $12/hr, shift = 3hrs, 5 days. How many cooks?
3 cooks (540 ÷ 12 = 45 hrs → 45 ÷ 3 = 15 shifts → 15 ÷ 5 = 3 cooks)
What are standard man-hours (SMH)?
Numbers used to determine staffing needs
Most efficient payroll method?
Electronic time record method
12 needed employees, 50 hired per year = turnover rate?
417% (50 ÷ 12 × 100)
What is considered fraud in a restaurant?
Overcharging
What is a service charge?
Labor-related fee
What ensures credit card data security?
PCI standards
Basic way to detect counterfeit money?
Paper and print
Where does revenue security begin?
Kitchen issuance
What is "building the till"?
A fraud technique by dishonest employees
First step in revenue collection system?
Charging the guest
Why perform cash audits?
To identify errors
Why manage accounts payable?
To improve cash flow
What form to request when invoice and order don’t match?
Credit memo