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Note: Before starting this Assignment, you must complete the Event Planners Timeline Quiz. You will not be able to submit this Assignment without completing the Quiz first.
You examined some of the site selection criteria in your Discussion and practiced with ordering a timeline in your Quiz in this unit. Now you will put what you have learned to use by responding to a scenario as the Event Planner contracted by an association.
In a PowerPoint presentation (10–12 slides, not including title and reference slides), explain and apply the basic steps involved in planning the following event to include a Timeline and the Site Selection Checklist (Chapter 4). Incorporate the guidelines for program design (Chapter 5).
Explanation & Answer
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SALES MIX ANALYSIS
Student’s Name
Institutional Affiliation
The Sales Mix
Analyzing the Sales Mix
Sales mix refers to the relative quantities in which a company’s
products are sold
Sales mix analysis helps managers of various restaurants to upheld
their profitability goals by ensuring that the menu produces a certain
standard food cost percentage.
Analyzing sales mix involves various steps.
Step 1: Identifying potential food cost
percentage
Potential food cost percentage refers to the weighted average food cost
percentage for all items sold in a restaurant.
Weighted average food cost percentage must meet the standard food cost
percentage.
Step 2:Determining the item popularity
A popular item produces sales that are at least 70% of its percentage
share in the sales mix.
Item popularity = 0.7 × 𝑠ℎ�...
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