A CASE STUDY ON

NEAR-EMPTY RESTAURANTS & OFF-SEASON MINIATURE GOLF

Prepared by :Submitted to :Vivek Damani Bhargav Pokar Mehul Rasadiya Shailesh Hirapara -127220592008 -1272205920 -127220592042 -127220592015

Ms. Rupal Bhatt

Manan Khambholiya-127220592025

NEAR-EMPTY RESTAURANT

SUMMARY

A restaurant for lunch and found time almost empty because The restaurant even bother to stay not open. It might seem that the revenue from the few customers could not possibly cover the cost of running the restaurant.

MACRO PROBLEM

A restaurant is not open in lunch time. owner must keep in mind the distinction between fixed and variable costs. These costs are sunk in the short run.

MICRO PROBLEM

Many of a Restaurants kitchen, equipment, tables, plates, silverware, and so on are fixed. Shutting down during lunch would not reduce these costs. In other words these costs are sunk in the short run Variable costs the price of the additional food and the wages of the extra staff are relevant. Variable costs are changeable.

ALTERNATIVES

The owner shuts down the restaurant at lunchtime only if the revenue from the few lunchtime customers fails to cover the restaurants variable costs.

RECOMMENDATION

Restaurant should be open in lunch time. So more consumer come in restaurant. If the restaurant open there for Variable cost is more Sunk cost is not recoverable in future.

CONCLUSION

Restaurant should be open in lunch time because make a revenue generate.

Off season miniature golf

SUMMARY

A miniature golf almost time empty because The even bother miniature golf to stay not open. It might seem that the revenue from the few player could not possibly cover the cost of running the restaurant

MACRO PROBLEM

A miniature golf is not open in season time. owner must keep in mind the distinction between fixed and variable costs. These costs are sunk in the short run.

MICRO PROBLEM
Many

of a miniature golf costs land and building so on are fixed. Shutting down during season time would not reduce these costs. in other words these costs are sunk in the short run. costs are changeable.

Variable

ALTERNATIVES

The owner shuts down the miniature golf at season time only if the revenue from the few player fails to cover the miniature golf variable costs.

RECOMMENDATION

miniature golf should be open in lunch time. So more player come in restaurant. If the miniature golf open there for Variable cost is more Sunk cost is not recoverable in future.

CONCLUSION

miniature golf should be open in lunch time because make a revenue generate.