CMG (3)

Discussion Prompt Steve and Linda Hom live in Bartlesville, Oklahoma. Two years ago, they visited Thailand. Linda, a professional chef, was impressed with the cooking methods and the spices used in Thai food. Bartlesville does not have a Thai restaurant, and the Homs are contemplating opening one. Linda would supervise the cooking, and Steve would leave his current job to be the maître d'. The restaurant would serve dinner Tuesday through Saturday. Steve has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be moved together for a large party. Linda is planning on using each table twice each evening, and the restaurant will be open 50 weeks per year. The Homs have drawn up the following estimates: Average revenue, including beverages and $45 per meal desserts Average cost of food 15 per meal Chef's and dishwasker's salaries 5,100 per month Rent (premises, equipment) 4,000 per month Cleaning (linen, premises) Replacement of dishes,…

Analyze El Pollo Loco Holdings, Inc. El Pollo Loco Holdings, Inc. (LOCO), Spanish for “The Crazy Chicken,” operates almost 500 restaurants, approximately 40% of which are company-owned and the rest are franchises. El Pollo Loco combines the culinary traditions of Mexico and California, creating unique menu items such as their signature Chicken Avocado Burrito. The company aims to improve profitability, in part, by simplifying operations to make it easier for employees and franchisees to run the restaurants. Recent data (in millions) for company-operated and franchised restaurants are as follows: Line Item Description Company-Operated Franchised Revenues $374 $29 Operating income 62 1 Invested assets 79 2 a. Determine the profit margin for each segment. Round to one decimal place. Line Item Description Profit margin Company-Operated fill in the blank 1% Franchised fill in the blank 2%   b. Determine the investment turnover for each segment. Round to two decimal…

Question • S7.25 Zan Azlett and Angela Zesiger have joined forcesto start A&Z Lettuce Products, a processor of packaged shredded lettuce for institutional use. Zan has years of food processingexperience, and Angela has extensive commercial food preparation experience. The process will consist of opening crates oflettuce and then sorting, washing, slicing, preserving, and finallypackaging the prepared lettuce. Together, with help from vendors,they think they can adequately estimate demand, fixed costs, revenues, and variable cost per 5-pound bag of lettuce. They think alargely manual process will have monthly fixed costs of $37,500and variable costs of $1.75 per bag. A more mechanized processwill have fixed costs of $75,000 per month with variable costs of$1.25 per 5-pound bag. They expect to sell the shredded lettucefor $2.50 per 5-pound bag.a) What is the break-even quantity for the manual process?b) What is the revenue at the break-even quantity for the manualprocess?c) What is…

Exercise Analytic Hierarchy process You have been presented with 4 projects to increse profit in 100 fast food restaurants. Please use the AHP process to choose the best option. Projects 1. Adapt self served cashiers 2. Develop an online sales department 3.increse size of kitchen in all restaurant 4. Hire 50% more associates?

Discussion #1   What are the key categories of nontraditional marketing? How has marketing promotion evolved over the past decade? How has technology contribute to the changes?   Discussion #1   View Youtube video “CT Style takes over Pepe’s Pizza   What are the disadvantages local establishments like Pepe’s Pizzeria face when expanding into different areas?   Only 250 words needed  

The Robert Baker Bread Company is planning to open a production plant to bake bread for sale and distribution in grocery stores. Robert's customers have already become familiar with his company's name and reputation for quality in visiting his cafés throughout the Midwest. Customers like the ability to customize the amount of seasoning and flavors that Robert puts in the various types of bread. When Robert begins mass production of the bread what should he be most concerned with regarding his customers' reaction? Group of answer choices a) His customers have become used to the ability to customize the bread, which they will not have in a mass-produced product sold in grocery stores b) The cost of the bread in the grocery store will have to be higher than in his café c) Robert's café operations will lose customers who will simply buy the bread at the grocery store instead d) Robert will need to open more café locations to sell whatever bread the grocery stores do not sell

Goodwill  Bobby’s Donuts Donuts & Coffee opened its doors in 2018 on the corner of Geary and Masonic St. in San Francisco, CA. Originally, the owners Lindsey Kline and Carly Repko had planned on catering to the small businesses in the neighborhood and keeping the business a fun side business to their main day jobs. However, soon they found themselves competing with the major local players including the downtown Donuts Shop and other local bakeries in the area. As part of their success, on December 31, 2018 they decided to purchase an existing local donut shop “Bobby’s Donuts” to further positon themselves in the local market. After the acquisition, Bobby’s Donuts continued to operate as a separate company and met the conditions of being a separate reporting unit. The consideration paid on December 31, 2018 directly to the shareholders of Bobby’s Donuts in exchange for all shares was $50,000. The following accounting facts existed at the time of acquisition: Bobby's Donuts -…

Goodwill  Bobby’s Donuts Donuts & Coffee opened its doors in 2018 on the corner of Geary and Masonic St. in San Francisco, CA. Originally, the owners Lindsey Kline and Carly Repko had planned on catering to the small businesses in the neighborhood and keeping the business a fun side business to their main day jobs. However, soon they found themselves competing with the major local players including the downtown Donuts Shop and other local bakeries in the area. As part of their success, on December 31, 2018 they decided to purchase an existing local donut shop “Bobby’s Donuts” to further positon themselves in the local market. After the acquisition, Bobby’s Donuts continued to operate as a separate company and met the conditions of being a separate reporting unit. The consideration paid on December 31, 2018 directly to the shareholders of Bobby’s Donuts in exchange for all shares was $50,000. The following accounting facts existed at the time of acquisition: Bobby's Donuts -…

Goodwill  Bobby’s Donuts Donuts & Coffee opened its doors in 2018 on the corner of Geary and Masonic St. in San Francisco, CA. Originally, the owners Lindsey Kline and Carly Repko had planned on catering to the small businesses in the neighborhood and keeping the business a fun side business to their main day jobs. However, soon they found themselves competing with the major local players including the downtown Donuts Shop and other local bakeries in the area. As part of their success, on December 31, 2018 they decided to purchase an existing local donut shop “Bobby’s Donuts” to further positon themselves in the local market. After the acquisition, Bobby’s Donuts continued to operate as a separate company and met the conditions of being a separate reporting unit. The consideration paid on December 31, 2018 directly to the shareholders of Bobby’s Donuts in exchange for all shares was $50,000. The following accounting facts existed at the time of acquisition: Bobby's Donuts -…

Goodwill  Bobby’s Donuts Donuts & Coffee opened its doors in 2018 on the corner of Geary and Masonic St. in San Francisco, CA. Originally, the owners Lindsey Kline and Carly Repko had planned on catering to the small businesses in the neighborhood and keeping the business a fun side business to their main day jobs. However, soon they found themselves competing with the major local players including the downtown Donuts Shop and other local bakeries in the area. As part of their success, on December 31, 2018 they decided to purchase an existing local donut shop “Bobby’s Donuts” to further positon themselves in the local market. After the acquisition, Bobby’s Donuts continued to operate as a separate company and met the conditions of being a separate reporting unit. The consideration paid on December 31, 2018 directly to the shareholders of Bobby’s Donuts in exchange for all shares was $50,000. The following accounting facts existed at the time of acquisition: Bobby's Donuts -…

Goodwill  Bobby’s Donuts Donuts & Coffee opened its doors in 2018 on the corner of Geary and Masonic St. in San Francisco, CA. Originally, the owners Lindsey Kline and Carly Repko had planned on catering to the small businesses in the neighborhood and keeping the business a fun side business to their main day jobs. However, soon they found themselves competing with the major local players including the downtown Donuts Shop and other local bakeries in the area. As part of their success, on December 31, 2018 they decided to purchase an existing local donut shop “Bobby’s Donuts” to further positon themselves in the local market. After the acquisition, Bobby’s Donuts continued to operate as a separate company and met the conditions of being a separate reporting unit. The consideration paid on December 31, 2018 directly to the shareholders of Bobby’s Donuts in exchange for all shares was $50,000. The following accounting facts existed at the time of acquisition: During 2019, a…

Bluth's Original Frozen Banana Stand is a brand of frozen banana stands that operate at a variety of events and locations across Southern California. Recently you spotted a Bluth's Original Frozen Banana Stand during a visit to Newport Beach. On this beach, street vendors offer a variety of foods and drinks. At the Bluth's Original Frozen Banana Stand, beach goers can purchase a chocolate covered frozen banana covered with nuts for $4.00. For the purpose of this hypothetical example, let's assume that the variable cost of each banana sold is $1.00. There are three options of obtaining a Bluth's Original Frozen Banana Stand. Option 1: Pay a fixed rental fee to the Bluth Company for $2,100 per month Option 2: Pay a fee of $1,040 per month plus 10% of all revenue from banana sales Option 3: Pay 25% of all revenue from the snow cone sales to Bluth Company Using the hypothetical Bluth's Original Frozen Banana Stand example, calculate the number of bananas that the operator of a Bluth's…

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Case Study #1: Chapter 4 Business Analysis  Ed Perez has always wanted to run his own restaurant.  He worked part-time in the food service business during high school and college and has worked for a large restaurant chain since graduating from college four years ago.  He's now ready to open a franchised family style restaurant.  However, to get started, a large investment is required.  Ed has saved some money, but will also have to secure a substantial loan. Fortunately, Ed's old college roommate, Joe Dixon, is now a loan officer with the local bank.  Besides being a good friend, Joe knows that Ed is a stable, hard-working businessman and an excellent credit risk. Ed is now meeting with Joe to apply for the loan.  After exchanging pleasantries, Joe asks to see Ed's business plan.  In response, Ed tells him all about the idea and shows him the written information from the franchisor, which Joe glances at briefly. Joe listens politely, leans back in his chair, and says, "Ed, I've known…

5 Prepared from a situation suggested by Professor John W. Hardy) Lone Star Meat Packers is a major processor of beef and other meat products. The company has a large amount of T-bone steak on hand, and it is trying to decide whether to sell the T-bone steaks as they are initially cut or to process them further into filet mignon and the New York cut If the T-bone steaks are sold as initially cut, the company figures that a 1-pound T-bone steak would yield the following profit Selling price (82.30 per pound) $ 2.30 Less joint costs incurred up to the split-off point where 7-bone steak can be identified as a separate product Profit per pound 1.55 $ 0.75 if the company were to further process the T-bone steaks, then cutting one side of a T-bone steak provides the filet mignon and cutting the other side provides the New York cut. One 16-ounce T-bone steak cut in this way will yield one 6-ounce filet mignon and one 8-ounce New York cut, the remaining ounces are waste. It costs $0.11 to…

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Finding harmony through foodCreative Shock’20 Preliminary Case Study PLEASE FIND THIS CASE STUDY IN GOOGLE, AND ANSWER ON THE FOLLOWING QUESTIONS (PROVIDED BY IMAGE IN FILES)

ritt ranch and farm is a distributor of ranch and farm equipment.