Tuesday, November 10, 2009

Week 8

  • This week (Feb 12- 18) was pretty ordinary. Here are the decisions I made:

Management Decisions:
  • 2 servers quit this week, so I hired 2 more in order to keep the same total manager wages, server wages, and employee cost
Marketing Decisions:
  • No changes were made. I kept the same prices per cup and the same general awareness newspaper ad. No coupons were redeemed this week.
Operations Decisions:
  • 11 lbs of coffee went to waste this past week.
  • I bought 55 lbs of coffee for next week.
  • I have 9071 small, 10115 medium, and 9725 large cups in inventory.
  • I am keeping the same hours for the cafe.
Service Capacity:
  • My service capacity remained the same this week.
  • M-F: 390
  • Sat: 416
  • Sun: 364
Checkbook
  • As of last week at this time (Feb 12th), my balance was $10958.07
  • My current balance (Feb 18th) is $10726.77
  • My balance decreased. :(
Income Statement
  • No changes.
Comparative Results
  • (These results include every cafe) Cafe Europa is ranked 7th in Revenue Value, 5th in Revenue (cumulative) Value, 4th in Cups Sold Value, and 3rd in Customer Satisfaction Value.
Hopefully Cafe Europa will continue to prosper and will show a profit by the end of the month.

-Madeleine

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