Types of Forecasting techniques
Qualitative methods: These types of forecasting methods are based on judgments, opinions, intuition, emotions, or personal experiences and are subjective in...
What is Hubbart Formula ?
Hubbart Formula is also known as bottom-up approach to pricing rooms introduced by Roy Hubbart in 1940. This approach considers...
Classification of Ratios
1. Liquidity Ratios:
These ratios measure the ability of a company to meet its current obligations, and indicate the short-term financial stability of...
Objectives of a Good Layout:-
The planning of spaces for serving food should be aimed at achieving:-
1. Smooth flow work2. Prompt & efficient service3. Effective...