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The Possibility Restaurant

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Executive Summary

Introduction Angela Fox and Zooey Caulfield are recent college graduates from State University with a degree in food and nutrition. With their love for food and nutrition these two friends have decided to open up a French restaurant in Draperton, which is also the town State University is located in. They believe their business will prosper because there are no French restaurants in the area leaving the restaurant to be unique. They acquired a Victorian home just off of Main Street which is a heavily trafficked area and name their new venture “The Possibility”. Though “The Possibility” has potential, being inexperienced restaurant owners leaves for some potential problems. Also being recent college graduates it is vital that they do not create too much as waste as they cannot afford to. The main objective for Angela and Zooey is to maximize their profits with certain constraints.

Case Analysis
Key Challenges The first problem that faces Angela and Zooey, the decisions makers, is the lack of knowledge of the preferences in which their clientele have in relation to French cuisine. Since this will be the only French restaurant in Draperton the decision makers are not able to offer a full menu as they do not want to accumulate waste. The next problem for the decision makers is to find the optimal amount of meals to produce each night. As mentioned before, Angela and Zooey cannot afford too much waste. Since this is a new venture, the decision makers must agree on a set amount of meals to produce which will create maximum profit. Creating the set amount of meals to produce a maximum profit however does face challenges of its own. Many constraints must be factored in such as the amount of time it takes to prepare each meal, the amount of time through labor, the ratio between selling fish dinners over beef dinner as well as the

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