Tuesday, November 10, 2009

Week 9

This week (Feb 19th- 25th) was pretty uneventful for Cafe Europa. Here are the decisions I made:

Management Decisions:
  • No changes were made. Total managers wage, servers wage, and employee cost remained the same.
Marketing Decisions:
  • No changes were made. I kept the same prices per cup and the same general awareness ad. Again, no coupons were redeemed.
Operations Decisions:
  • Coffee purchase was just right.
  • I purchased 56 lbs for next week.
  • I have 8076 small, 9364 medium, and 9428 large cups in inventory.
Service Capacity:
  • My service capacity increased this week!
  • M-F: 405
  • Sat: 432
  • Sun: 378
Checkbook
  • My balance decreased again this week.
  • Last week at this time (Feb 18th), my balance was $10726.77
  • My current balance (Feb 26th) is $10014.24
Income Statement
  • No changes. Next week I will get a new Income Statement for the month of February.
Comparative Results
  • The following results were recorded when all classmates had advanced through period 8: Cafe Europa is ranked 6th in Revenue Value, 5th in Revenue (cumulative) Value, 3rd in Cups Sold Value, and 2nd highest in Customer Satisfaction.
Next week I will have some useful information to include in my post.

-Madeleine

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