Introduction: In order to succeed in any business we have to be aware of operations management. It is considered as the most important part of the company; it is the part which is responsible for producing goods and providing services. After all, operating a big organization isn’t quite easy and simple, businessmen should know about almost everything related to operations such as quality control, strategic capacity and forecasting. We have chosen The Cheesecake Factory; a well-known good and service provider here in the UAE as an example of how a business organization operates. The cheesecake Factory is one of the most famous restaurants in the United States. In 2012, they began their international expansion with Al Shaya Group by opening …show more content…
The modernity thing about cheese cake factory restaurant is how to create new thing and produce something different than other similar restaurant ,the newness thing about it is they also sell all kind off sweets and cake not only junk food it’s also sells what the bakeries sell. They always concentrate on their tactics also that how they can give the best service for the customers that they won’t find in different places. The surveys in the restaurant that they give the customers help the restaurant to fit in order qualifiers for example not everything they survey in US from food they should survey here because in the middle east serving pork is prohibited so the survey would help them to fit in the needs of the customers and they have to keep up with which country they’re opening …show more content…
It is an important element in making informed decisions and deciding future plans. For a restaurant like The Cheesecake they do a forecast analysis to make a statement about the future value of the demand. That’s why they consider the level of demand which include structural variation such as trend or seasonal variation. However, as we know that forecast isn’t necessarily accurate, there is a potential size of error. Smart companies study the forecast carefully and they measure the forecast error. Here in the UAE, The Cheesecake Factory chain started on financial forecasting for the future, they’ve used historical internal accounting and sales data, in addition to external market and economic indicators to prepare the forecast. Like many other companies, they forecast for the next year. After signing the agreement with Alshaya group, and after the success of the new branches in the UAE and Kuwait, they are developing 22 restaurants by 2016 in five countries in the Middle East. That’s explains why they’ve put forecasting in consideration; they are predicting the potential market and seeing if it’s going to work for them in the long run. So, with a proper forecast you can imagine a masseur the demand that would be available in the next few years. Eventually, this is the main purpose of the forecast for the company. Based on collected data, the three Cheesecake Factories which are in Dubai and