Alanya’s Thriving Tourism Economy: A Historical Perspective

Economic Pillars of Alanya in 2022 Tourism forms the backbone of Alanya’s economy in 2022. Alongside tourism, the key sectors driving economic activities include trade, contracting, real estate, industry, agriculture, and transportation (ALTSO, 2022). The Role of Supplier Networks Alanya boasts a robust network of supplier firms that ensure hotels have access to the necessary…

ISO 22000

ISO 22000 is an international standard that specifies requirements for a food safety management system (FSMS) in the food industry. It provides a framework for organizations involved in the food supply chain to ensure the safety of food products and to demonstrate their ability to control food safety hazards. Here are some key aspects of…

The Four Types of Menu Performance

The four types of menu performance are often categorized based on their contribution to overall profitability and popularity within a restaurant. They include: Stars: These are the high-profit, high-popularity menu items. They are the best performers, contributing significantly to both revenue and profit. Stars are the items that customers frequently order and are willing to…

Calculating the Break-Even Point

To calculate the break-even point, you need to determine the level of sales or production at which total revenue equals total costs, resulting in neither profit nor loss. The break-even point can be calculated using the following formula: Break-even point (in units) = Fixed Costs / (Selling Price per Unit−Variable Cost per Unit) Or, if you want to calculate the break-even point in terms of…