Back to Search
Start Over
Using survival modeling for turn-time predictions in foodservice settings
- Source :
- Journal of Foodservice Business Research. 22:20-36
- Publication Year :
- 2018
- Publisher :
- Informa UK Limited, 2018.
-
Abstract
- Within the competitive foodservice industry, the ability to accurately measure the meal process known as turn-time is critical to the success of the firms in the industry. This is traditionally done through linear techniques such as multiple least squares (aka linear regression) or analysis of variance (ANOVA). However, linear techniques have theoretical properties that can potentially lead to bias in measurements of time duration variables, while survival models were designed for that purpose. This study utilized simulated data of a dine-in restaurant to test and compare the ability of linear regression to five survival models (proportional hazard models) for predicting the duration of turn-time. The results from the simulated trials show that while some of the survival models held incremental improvements, linear regression performed adequately for predicting the duration of turn-time even when taking the biased predictions into account. For operators who are in their infancy of developing resta...
- Subjects :
- Hazard (logic)
Revenue management
Actuarial science
Proportional hazards model
05 social sciences
Least squares
0502 economics and business
Linear regression
Statistics
Economics
050211 marketing
Analysis of variance
Duration (project management)
050212 sport, leisure & tourism
Survival analysis
Food Science
Subjects
Details
- ISSN :
- 15378039 and 15378020
- Volume :
- 22
- Database :
- OpenAIRE
- Journal :
- Journal of Foodservice Business Research
- Accession number :
- edsair.doi...........a7a2cf9eef5168988077b1f8553d597c
- Full Text :
- https://doi.org/10.1080/15378020.2018.1534529