Forecasting restaurant sales has two components:

Question

Quizplus · Accepted Answer

Guest counts and average check are the two most important factors in forecasting restaurant sales. The number of items sold or the total number of checks may not accurately reflect the revenue generated since customers may order items of varying prices, and there may be discounts or promotions. Average check, which is calculated by dividing the total revenue by the number of guests, is a more reliable metric.

Forecasting Restaurant Sales Has Two Components