Question 1. What are components of cost of sales? How is cost of sales calculated? How does cost of sales affect a food and beverage operations profitability? What areas would you examine to improve cost of sales?
Question 2. What tools are available for managers to use when forecasting? What role does forecasting play in managing a food and beverage operation? What operational variables must a manager consider? What is the difference between short- and long-term forecasting?