Costs of Supplies

Focus on the costs of supply and the distinction between short run and long run.

You are going to open a new restaurant ( not a franchise ) where you will have to make certain decisions in the short run be specific and realistic.

- what is involved in the initial setup: describe your restaurant.

- identify your fixed resources/costs, e.g. building, rent.

- identify your variable resources/costs, e.g. dishwashers, wages.

-describe your maximum capacity and what happens as you approach this maximum capacity.

- now describe what happens when you attempt to push beyond capacity.

- utilize within your description your fixed and variable resources and costs.

now you wish to expand your capacity in the long run be specific and realistic.

- describe how you might expand your capacity over time in the long run.

- describe any economies of scale you might experience.

- describe any dis economies of scale you might experience.

use at least five sources attach documentation 

cannot extend 250 words