F&B LA 2018

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The Theory of Profitability: Understanding the Theoretical Food Cost (Room Education Hub)

19 Aug 18
1:00 PM - 1:45 PM

Tracks: Operational Excellence

This presentation focuses on how theoretical food cost is calculated, understanding the key ingredients in this recipe for success, and using this critical knowledge to target areas to save money.   It will take a look at the baseline food cost calculation, what key items need to be tracked to reach a theoretical food cost, and how to analyze the difference between your theoretical cost and actual cost.