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Need help adding the flavored coffee to my existing spreadsheet. Will need to adjust my numbers due to addition of coffee. Please help, thank you!
Need help adding the flavored coffee to my existing spreadsheet. Will need to adjust my numbers due to addition of coffee. Please help, thank you!
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Scenario One: "What if" Analysis for adding flavored ice coffees. Your client is unsure if she should sell flavored ice coffee. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $3.75 each and costs him only $1.70 to purchase. Unfortunately your client is afraid that he would cannibalize his soft drink sales with the coffee customers (one soft drink less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another $175 per month due to the hot equipment needed to make the coffee. What is your recommendation: Should your client offer flavored coffee to her customers? Scenario One: "What if" Analysis for adding flavored ice coffees. Your client is unsure if she should sell flavored ice coffee. She thinks she can sell a coffee to every second customer and it seems to be lucrative because the coffee sells for $3.75 each and costs him only $1.70 to purchase. Unfortunately your client is afraid that he would cannibalize his soft drink sales with the coffee customers (one soft drink less for every coffee sold). It will cost him $5,250 to purchase the equipment and insurance costs would rise by another $175 per month due to the hot equipment needed to make the coffee. What is your recommendation: Should your client offer flavored coffee to her customersStep by Step Solution
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