What is its unit price? Let's think of a batch of 100 baked goods...what is its total
Question:
What is its unit price? Let's think of a batch of 100 baked goods...what is its total price?
Speculate how much is the cost to bake (AND sell) that 1 batch (100 units)? Calculate its related gross margin. -- Just make an educated guess on the cost, don't overthink.
Now, a big picture. Observe the bakery and let's pry the challenges that Porto's must overcome to be successful.
Say like a manager taking a managerial accountant with insightful information...(say, How to keep the cost of production down by controlling the amount of waste (stale baked goods). Is it just about the bottom line?
Name the challenge that is vital to the success of the bakery business.
If you part of Porto's management, how will you address that potential risk in planning, controlling, and decision-making phase of running a business operations?
OM operations management
ISBN: 978-1285451374
5th edition
Authors: David Alan Collier, James R. Evans