Making Decisions Based on Demands

The change in consumer’s real household disposable income and increase in demand for take away, restaurant foods can have a major impact in this particular industry.

Through analysis of the mean and median values for student populations near store locations, we determined that student population is a significant factor in determining pizza restaurant profitability (Table 5.). On average, the larger the student population near Crusty stores, the more potential there is for earning higher monthly profit. When sorted by amount of monthly profit, the highest earning stores have student populations that are, on average, nearly twice as large as the populations by the lowest earning stores. Data consistency is in question for all quartiles for this factor , except the top quartile which is in the “good” consistency range. (Gardner, 2012).

The purpose of this case is to determine which key variables drive Crusty Pizza Restaurant’s monthly profit and then forecast what the monthly profit would be for potential stores. Based off of this information we will be able to make a recommendation to Crusty Dough Pizza Restaurant on which stores they should open and which they avoid. The group was provided 60 restaurants’ data that included monthly profit, student population, advertising expenditures, parking spots, population within 20 miles, pizza varieties, and competitors within 15 miles. For the potential stores we were given all of this

o 2.37, 2.38, 2.44, 2.46, 2.54, 2.64, 2.68, 2.79, 2.85, 2.89, 2.93, 2.94, 2.106, and 2.108

As the manager of Good A, which of the following would be of greatest concern (based on the regression results above)?

The R2 value is a statistical measurement of how close the data is from the linear regression line and indicates the variation in the values from the relationship of two variables. In graph 1, the R2 value is 0.60497, which indicates a moderate positive correlation. This suggests that around 60% of the variation in the mean age among different football teams can be predicted from the relationship between the number of wins and the mean age of the team. Contrarily, 40% of the variation in mean team ages cannot be

One of the main reason’s Papa John’s has had so much success since the time of their inception is the limited menu and freshness of their product. A limited menu could be considered as a disadvantage, but for Papa John’s the limited menu is an advantage as the main focus is their fresh pizza (Parnell, 2014). They have received numerous awards for customer satisfaction, as they only use fresh ingredients and vegetables on their pizza (Parnell, 2014). They also require all of their franchise locations to purchase their ingredients from a list of approved suppliers. More recently, the pizza industry has changed by offering more low cost pizza options from companies like Little Caesar’s and Cici’s (Parnell, 2014). The pizza from these locations

When you can forecast how much a service or a good are going to cost you, you would

Descriptives Statistic 2.8588 2.7371 2.9805 2.8634 2.8900 .145 .38060 2.1 3.6 1.53 .59 -.259 -.773 5.9281 5.8037 6.0525 5.9281 5.9950 .151 .38895 5.16 6.62 1.46 .56 -.072 -.869 Std. Error .06018

The looming changes in health care are a frequent topic in many meetings with health care providers. Budget cuts are not just a speculation but are a reality. Decision-making to provide quality patient care with less money is a challenge at best. Health care management decisions are made daily and these affect many patients both positively, and negatively. Texas state department budgets are continuing to become leaner, and the Medicaid population seems to be continually growing. Texas currently has an “unemployment rate of 6.4% along with an 18% statewide Medicaid population” (Kaiser State Health Facts, 2013). Although these numbers are slightly under the national average, they are daunting when broken down by total population of the state

The restaurant industry is said to be one of the oldest industries in the economy. As the economy and urbanization grow, so too does the industry of restaurants; it’s for this reason that the industry has been growing at a rapid pace. Even with the restaurant industry ebbing and flowing, there are still new entities entering the fray consistently. Some restaurants may close, but it will not be too long before a new restaurant opens in the place of the old one. Historically, the restaurant industry has contributed nearly 4 percent to the gross domestic product (GDP) of the United States (U.S.) economy. The most recent findings show that the restaurant industry employs more than 12.7 million people (which is approximately equal to 9 percent of the

The market studies consisting of the forecast of the estimated demand show that the pizza

Decision making can be described as a process of making a decision or decisions, based on choices made amongst two or more competing course of actions. The ‘Decision making’ also requires making a define choice between two or more alternatives course of actions that are available.

Social Factors - The California Pizza Kitchen sells pizzas, pastas, salads, etc. and the ambience of the restaurants is quite informal and homely. Its primary key to its success has been that they were the first pizza restaurant that offered fresh and non-traditional ingredients for its pizzas. On a whole, the American consumer base is traditionally not very nutritional conscience when it comes to dining out. Regionally, the consumer preferences are suiting the business model of the company in most areas; however changes in the consumer

When it comes to pizza, everyone has an opin ion . Some of us think th at our current pizza is just fine the way it is. Others h ave a favorite pizza joint th at makes it like no on e else. And m any pizza lovers in America agreed up until recentl y that Dom ino 's home-delivered pizza was amo ng the worst. The home-delivery market for pizza cha ins in th e United States is approximat ely $15 billion per year. Domino's, which owns th e largest home-delivery market share of any U.s . pizza chain, is find ing ways to innovate by overhauling its in-store transaction processing systems and by providing other us eful services to customers, su ch as its Pizza Tracker. And