Project guide 4 Essay Example | Topics and Well Written Essays - 1000 words

Project guide 4 - Essay Example In simple words it is the sum of all the expenditure that the company has to undergo in a particular financial year. Staff Costs Represents wages paid to employees and officers of the company. One effective way of controlling fluctuating staffing costs is to choose mature service providers who operate in multiple locations and have the capability of putting together an appropriate blend of experienced and entry level resources. 5 hours in the evening from 7 p.m. to 12 p.m. and 3 hours is in afternoon 12 a.m. to 3 p.m. In the evening of any weekend, the restaurant is most of the times completely packed for four hours and is occupied by around 25 people in the last hour. On an average a group spend around 1 hour on dinner. The bill generated is approx. 10$ per person at any given point in time. In the afternoon of the weekends generally 25 people can be seen in any particular hour. For the normal days the occupancy is around 25 people in the evening at any point in time and around 10 people in the afternoon. So the estimated revenue in FY08-09 is:- Each price will lead to a different level of demand and therefore have a different impact on a company’s marketing objectives. Demand and price are inversely related: higher the price, lower the demand. On an average ‘The Diners Park’ employees around 20 employees in a month and the salary cost of all employees is around 20,000$ every month. The cost of raw material is around 9000$ per month and the water and electricity bill cost around 2000$ per month. Apart from this, the miscellaneous cost is around 1000$ per month. The cost capital employed for the project is around 2000,000 USD. Taking the rate of interest to be around 6% per annum, the interest cost is around 120,000$ per annum. At Diners Park, we added more drivers to increase the speed of delivery. Even more importantly, we have introduced specially insulated, heat retaining,