Friday, November 6, 2009
Biz Cafe Week 10
For my final week, I kept everything the same because everything was working for me. I maintained my same prices for coffee, as well as the amount of pounds I bought. My customer satisfaction increased, as well as my revenue!
Sunday, November 1, 2009
Biz Cafe Week 9
I increased each cup size's price by 20 cents to increase my profit. I left everything else the same; my coffee purchase amount was just right, as well as my number of cups. My revenue value has increased, but my customer satisfaction has decreased by 1 percent.
Sunday, October 25, 2009
Biz Cafe Week 8
Last week, about 8 lbs of coffee went to waste, so I decreased the amount of coffee I bought from 50 lbs to 45 lbs. I bought 5,000 small cups and 5,000 large cups. My revenue value increases by about $1,000 dollars, but my customer satisfaction decreased by about 1%.
Saturday, October 17, 2009
BizCafe Week 7
During the past week, one of my servers quit and the managers were "looking stressed". So, I hired another served and increased my managers salaries to $600 to $650 a week. I am now selling three cup sizes of coffee: a small is $2.70, medium $3.50, and large is $4.20. I decreased my weekend hours from 7 AM to 9PM.
My cups sold in value increased, and consumer satisfaction remained about the same.
My cups sold in value increased, and consumer satisfaction remained about the same.
Wednesday, October 7, 2009
Biz Cafe Decision 6
This week, I decreased the amount of coffee I purchased from 60 pounds to 55 pounds. In last weeks report, it showed me that 8 pounds of coffee went to waste. I also got rid of my advertisement, since my income statement reported that 40% of my revenue went to advertisement. I also lowered my managers income to $600 because and 38% of my income went to their salaries. Afterwards, I checked my "Comparative Results" and this strategy seemed to be working. My customer satisfaction did not decrease, and I sold more cups than last week.
Wednesday, September 30, 2009
BizCafe Week 5
I wanted to tweak around some of my decisions, to see if it would improve my revenue and customer satisfaction. I increased my marketing but adding radio ads to the current general awareness ads in the newspapers. I increased my managers weekly salary by $50 and my servers salaries to $9 per hour. Also, bought 60 pounds of coffee instead of 50.
After I advanced the simulation, I realized it did not go as I expected. I replayed my period and next time, I plan to reduce my managers salaries to $625-650. Also, I plan to drop my newspaper advertising and pick up 2 advertisements a day on the radio.
My customer satisfaction did not rise but my revenue did. Success!
After I advanced the simulation, I realized it did not go as I expected. I replayed my period and next time, I plan to reduce my managers salaries to $625-650. Also, I plan to drop my newspaper advertising and pick up 2 advertisements a day on the radio.
My customer satisfaction did not rise but my revenue did. Success!
Friday, September 25, 2009
BizCafe Week 4
This week, I upped my poundage of coffee from 40lbs to 50lbs because there was a report that my cafe had to purchase an emergency ten pounds of coffee. I also purchased 10,000 more cups because I was close to running out. My customer satisfaction rose to 61.8 percent! It keeps climbing week by week.
Subscribe to:
Posts (Atom)