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  • Run No. Bar Size Restaurant Size Profit Lost Customers Avg. Wait Time Avg. Dining Time

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    Sougat Tiwari
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    This document contains the results of several simulations run to optimize the operations of a restaurant. It tests different combinations of variables including bar size, batch size, dining times, and advertising. The highest profit of $566.50 was achieved with a bar size of 71, batch size of 8/8/4-8, dining times of 45/45/75 minutes, and advertising at 1.5 times normal from 5-6PM.

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    Simulation

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    This document contains the results of several simulations run to optimize the operations of a restaurant. It tests different combinations of variables including bar size, batch size, dining times, and advertising. The highest profit of $566.50 was achieved with a bar size of 71, batch size of 8/8/4-8, dining times of 45/45/75 minutes, and advertising at 1.5 times normal from 5-6PM.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    15 views8 pages

    Run No. Bar Size Restaurant Size Profit Lost Customers Avg. Wait Time Avg. Dining Time

    Uploaded by

    Sougat Tiwari
    This document contains the results of several simulations run to optimize the operations of a restaurant. It tests different combinations of variables including bar size, batch size, dining times, and advertising. The highest profit of $566.50 was achieved with a bar size of 71, batch size of 8/8/4-8, dining times of 45/45/75 minutes, and advertising at 1.5 times normal from 5-6PM.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    of 8

    RUN NO. BAR SIZE RESTAURANT SIZE PROFIT LOST CUSTOMERS AVG. WAIT TIME AVG.

    DINING TIME
    1 79 11 196.32 33 38 74.4
    2 79 11 139.48 2 5.95 76.28
    3
    4
    5
    6
    7
    8
    9
    10
    11
    12
    13
    14
    15
    16
    17
    18
    19
    20
    AVG. UTILIZATION % AVG. CUSTOMERS
    71.5 63
    50.66 56.7 45 45 75
    BATCH DECISION BAR DECISION

    Batch: 8/8/4-8 Bar: 79/11


    Batch: 8/8/4-8 Bar: 79/11Dining time:45/45/75Adv: 1.5x/HH/5PM
    DINING TIME DECISION ADVERTISING DECISION

    Dining time:45/45/75 Adv: 1.5x/HH/5PM


    BATCH DECISION BAR DECISION DINING TIME DECISION
    Batch: 8/8/4-8 Bar: 79/11 Dining time:45/45/75
    PROFIT 547.66
    LOST CUSTOMERS 11
    AVG. WAIT TIME 30.5
    AVG. DINING TIME 88.5
    AVG. UTILIZATION % 66.3
    AVG. CUSTOMERS 58.3
    ADVERTISING DECISION BATCH DECISION BAR DECISION DINING TIME DECISION
    Adv: 1.5x/HH/5PM Batch: 8/8/4-8 Bar: 63/13 Dining time:45/45/75
    555.09
    3
    11.16
    82.8
    55
    57.2
    ADVERTISING DECISION BATCH DECISION BAR DECISION DINING TIME DECISION
    Adv: 1.5x/HH/5PM Batch: 8/8/4-8 Bar: 71/12 Dining time:45/45/75
    566.5
    4
    22.65
    86.28
    60.5
    58.1
    ADVERTISING DECISION
    Adv: 1.5x/HH/5PM

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