WineProgramMgt2.txt

Card Set Information

Author:
tekygeek
ID:
89036
Filename:
WineProgramMgt2.txt
Updated:
2011-06-04 03:08:03
Tags:
ICC Sommelier wine program mgmt
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Description:
Wine Program Mgmt 2
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  1. Define POS and state what it is used for
    Point of Sale, cash register - tracks sales and inventory
  2. Give the formula for Product Cost calculation
    Beginning inventory + Net Purchases – Ending inventory = Product Cost
  3. Define COGS
    Cost of Goods Sold
  4. State the formula for Contribution Margin
    Sales Price – Unit Cost = Contribution Margin
  5. Define 86 list
    Things the restaurant is out of
  6. State 3 ways of dealing with a Dog on your wine list
    Eliminate, adjust prices, train servers

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