Math

3 Pages 730 Words

Word Count: 729



Math is an


essential asset in the business world. Without mathematics businesses


wouldn’t be able to operate effectively. In order to run a restaurant math plays


an important role in a lot of different areas. For instance the items on the menu


may change due to the way it sells. Bookkeeping and math allow you to both


figures out what items are profitable and what items are selling. The business


world revolves around math, from profit and loss statements, to graphs, to


taxes. Everything in business requires mathematics. Owning a restaurant is no


different then any other field of business when it comes to math. The simplest


things in a restaurant could not happen without math such as paying for your


meal. Math is used to add up the total cost of a person’s bill as well as adding


in the sales tax. More advanced math is used in the restaurant business as


well. Using equations to determine what your business can afford to buy as


well as the difference in the cost of the product and the profit it turns over is all


determined by math. Jobs you might not even think require math do, such as


portioning products or prepping food. When you are preparing food you need


to measure amounts of ingredients and measurements are a form of


mathematics. Wheatley-2 Keeping your books up to date requires math as


well. When keeping records of your restaurant’s sales you can keep track of


your busy periods to know when you are required to order more food or


alcohol. Equations are used then to determine what and how much you need


of a product. Using math to determine a product markup is an important


process to a successful business as well. Determining the overall cost of a


dinner special and factoring in each amount of the ingredients used all goes


towards the final cost of a dinner special. The main objective in ow...