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Fiscal Management of Dining Services: Factors affecting costs
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Fiscal Management of Dining Services: Factors affecting costs
Behavioral Objectives
You will be able to:
1. Define Prime Food Cost Factors
2. Evaluate expenditures & contribute to budget non-compliance
3. Identify 3 ways employees affect budgets adversely
4. Name 3 ways to deduce waste
5. List 5 QAPI steps to meet budgetary requirements
Topic Highlights
v Importance of fiscal management
v Factors affecting costs
Ø Food + Beverage + Labor
Ø Importance of menu concept
Ø Production schedule
Ø Menu
Ø Recipes
Ø Portion control
Ø Purchasing practices
Ø Inventory control
§ Waste
§ Pilferage
Ø Labor
§ Productivity hours
§ Overtime hours
· Training
· Turnover
v Quality control & process improvement Systems - QAPI