Assignment Brief and Guidance:

Scenario

Your parents own a 10 years old family restaurant at the business center of Kathmandu city. The restaurant has been managed by your parents in a traditional style with common foods available in the area. Your parents want you to utilize your understanding and knowledge in upgrading the restaurant which you have learned during your course study. You as a hospitality management graduate now need to address the new demand and help your parents to upgrade the overall restaurant. Your parents want you to produce a written document as asked below so that you can help them understand and apply your thoughts on how to determine the cost and price menus and you show them how to develop and evaluate menus to meet customer and business requirements.

Part A:

An MS-PowerPoint Presentation which includes the framework to determine how to cost and price menus.

The presentation should contain:

1. Produce a few sample menus which are accurately costed and priced to meet a range of customer requirements visiting the restaurant. You also need to determine the key considerations to be taken while costing and pricing dishes in various types of menus.

2. You need to analyze various approaches to menu costing and pricing and elaborate on the effective methods to accurately cost and price menus to maximize profitability.

3. Write a report that defines your presentation.