...Food and Beverages at Southwestern University Football Games The total fixed cost per game includes salaries, rental fees, and cost of the workers in the six booths. These are: Salaries $20,000 Rental fees 2,400 $2 $4,800 Booth worker wages 6 6 5 $7 $1,260 Total fixed cost per game $20,000 $4,800 $1,260 $26,060 The cost of this allocated to each food item is shown in the table: Percent Allocated fixed Item revenue cost Soft drink 25% $6,515 Coffee 25% $6,515 Hot dogs 20% $5,212 Hamburgers 20% $5,212 Misc. snacks 10% $2,606 The break-even points for each of these items are found by computing the contribution to profit (profit margin) for each item and dividing this into the allocated fixed cost. These are shown in the next table: NUM="3"> Selling Var. Profit Percent Allocated Break even Item price cost margin revenue fixed cost volume Soft drink $1.50 $0.75 $0.75 25% 6515 8686.67 Coffee $2.00 $0.50 $1.50 25% 6515 4343.33 Hot dogs $2.00 $0.80 $1.20 20% 5212 4343.33 Hamburgers $2.50 $1.00 $1.50 20% 5212 3474.67 Misc. snacks $1.00 $0.40 $0.60 10% 2606 4343.33 To determine the total sales for each item that is required to break even, multiply the selling price by the break even volume. The results are shown: Selling Break even Dollar volume Item price volume of sales Soft drink $1.50 8686.67 $13,030.00 Coffee $2.00 4343.33 $8,686.67 Hot dogs $2.00 4343.33 ...
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...Food and Beverages at Southwestern University Football Games Case Study No. 1 Group 3 Jayvee Badile Czarina “Yna” Concepion Theresa “Tez” Enolva Flordelita “Flor” Fernandez Marifel “Maffy” Vargas TABLE OF CONTENTS: Page Background Information 3 Problem Statement 3 Answer to Case study questions 3-5 I. BACKGROUND OF INFORMATION: Food and Beverages at Southwestern University Football Games Southwestern University (SWU), a large state college in Stepheville, Texas, located 30 miles southwest of the Dallas/Fort Worth metroplex, enrolls close to 20,000 students. The school is the dominant force in the small city, give more students during fall and spring than permanent residents. Along time football powerhouse, SWU is a member of the big eleven conference and is usually in the top 20 in college football rankings. To bolster its chances of reaching the elusive and long desired number 1 ranking, in 2010 SWU hired the legendary Bo. Paterno as its head coach. Although the number 1 ranking remained out of reach, attendants and the five Saturday home games each year increased. Prior to Paternos arrival, attendance generally averaged 25,000 – 29,000. Continuous growth in attendance then brought more challenges to the Southwestern University such as the need for bigger stadium and complaints on seating, parking, long lines and concession stand prices. Thus, the University President, Dr. Marty Starr concern was not only...
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...Chapter 4 Problem Name: _____________________ Date: _____________________ Food and Beverage at Southwestern University Football Games Southwestern University (SWU), a large state college in Stephenville, Texas, 30 miles southwest of the Dallas/Fort Worth metroplex, enrolls close to 20,000 students. The school is the dominant force in small city, with more students during fall and spring than permanent residents. A longtime football powerhouse, SWU is a member of the Big Eleven conference and is usually in the top 20 in college football ranking. To bolster its chance of reaching the elusive and long-desired number-one ranking, in 2002 SWU hired the legendary Bo Pitterno as its head coach. Although the number-one ranking remained out of reach, attendance at the five Saturday home games each year increased. Prior to Pitterno’s arrival, attendance generally averaged 25,000 – 29,000. Season ticket sales bumped up by 10,000 just with the announcement of the new coach’s arrival. Stephenville and SWU were ready to move to the big time. With the growth in attendance came more fame, the need for a bigger stadium, and more complaints about seating, parking, long lines, and concession stand prices. Southwestern University president, Dr. Marty Starr, was concerned not only about the cost of expanding the existing stadium versus building a new stadium, but also about the ancillary activities. He wanted to be sure that these various support activities generated revenue adequate to...
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...Food and Beverages at Southwestern University Football Gam Southwestern University has been showing increased growth in attendance to football games since the hiring of Coach Dillon. The growth in attendance has increased the need to better accommodate the growing crowd of spectators attending the football games. For the past few years game attendance has ranged between 35,000 and 60,000. Mr. Maddux has gathered information based on historical data and feedback from his staff which comprises the expected selling price of each item, the estimated variable cost in order to serve these items to attendees, and the percent revenue of each item. This data has been implemented into a breakeven analysis and the results will be explained in this report. The total fixed cost for overhead for each game is $29,600.00. This cost includes $20,000.00 for salaried staff, $7,800.00 for utilities, and $1,800.00 for hourly workers. The total fixed cost must be covered for each of the five home games. The menu includes Soft drinks (which are expected to cover 25% of the fixed cost), coffee (which is expected to cover 20% of the fixed cost), hot dogs (which are expected to cover 20% of the fixed cost), hamburgers (which are expected to cover 20% of the fixed cost), popcorn (which is expected to cover 10% of the fixed cost), and misc. snacks (which covers 5% of fixed cost). This menu is not permanent and can be adjusted accordingly. The breakeven analysis shows how many units must be sold...
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...Discussion Question 1 Dr. Marty Star, Please see the below report and calculations regarding Food and Beverage Services at Southwestern University Football games. 1. Total fixed cost that must be covered at each of the games are: Food service salaries = $20,000 Rental fees = 2,600 x $3 = $7,800 Booth worker wages = 6 x 6 x 5 x $10 = $1,800 Total fixed cost per game = $20,000 + $7,800+ $1,800 = $29,600 2. The portion of the fixed cost allocated to each of the items is shown in the table below: | Percent | Allocated fixed | Item | revenue | cost | Soft drink | 25% | $7,400 | Coffee | 20% | $5,920 | Hot dogs | 20% | $5,920 | Hamburgers | 20% | $5,920 | Popcorn | 10% | $2,960 | Misc. snacks | 5% | $1,480 | | | $29,600 | 3. The break-even points for each item are calculated by computing the allocated fixed cost for each item divided by the profit margin of each item. These are shown in the table below: | Selling | Variable | Profit | Percent | Allocated | Break even | Item | price | cost/ unit | margin | revenue | fixed cost | volume | Soft drink | $2.50 | $0.65 | $1.85 | 25% | $7,400 | 4,000.00 | Coffee | $2.00 | $0.40 | $1.60 | 20% | $5,920 | 3,700.00 | Hot dogs | $2.50 | $1.20 | $1.30 | 20% | $5,920 | 4,553.85 | Hamburgers | $3.00 | $1.40 | $1.60 | 20% | $5,920 | 3,700.00 | Popcorn | $3.00 | $1.90 | $1.10 | 10% | $2,960 | 2,690.91 | 4. The dollar sales for each item at their...
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...Profile Manager Access Details Feedback Contact Us FAQ Logout http://www.iipmchennai.org/shop/db/docs/dloadables/studymat/qmpm/cas... Case Study - Exercises Food and Beverages at Southwestern University Football Games Southwestern University (SWU), a large state college in Stephenville, Texas, 30 miles southwest of the Dallas / Fort Worth metroplex, enrolls close to 20,000 students. The school is the dominant force in the small city, with more students during fall and spring than permanent residents. A longtime football powerhouse, SWU is a member of the Big Eleven conference and is usually in the top 20 in college football rankings. To bolster it chances of reaching the elusive and long-desired number-one ranking, in 1999 SWU hired the legendary Bo Pitterno as its head coach. Although the number one ranking remained out of reach, attendance at the five Saturday home games each year increased. Prior to Pitterno’s arrival, attendance generally averaged 25,000 – 29,000. Season ticket sales bumped up by 10,000 just with the announcement of the new coach’s arrival. Stephenville and SWU were ready to move to the big time! With the growth in attendance came more fame, the need for a bigger stadium, and more complaints about seating, parking, long lines, and concession stand prices. Southwestern University’s president, Dr. Marty Starr, was concerned not only about the cost of expanding the existing stadium versus building a new stadium, but also about the ancillary...
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...sugar in which was found to be contaminated with Mercury. Mercury has been known to attack the nervous systems and cause life threating health problems in adult and young children that consume these product with HFCS. The problem lies in restaurants, fast food places and grocery stores that welcomes unnatural ingredients knowing that manufactures doubled the portion of corn syrup and fructose in the products we eat because it is a cheap. Manufactures such as General Mills don’t want Americans to know how much they convert 90 percent HFCS in their products. Corn Refiners Association’s (CRA) sneaky way of changing the name so that HFCS can be applied more into what we eat. CRA...
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...salesman. In 1954 he found a small but successful restaurant run by brothers Dick and Mac McDonald while delivering multi-mixers , and was amazed by how successful their business was. They had a very successful business even though they produced a very limited menu that only included a few items of burgers, fries and beverages. Kroc than envisioned a much bigger dream of opening McDonalds restaurants all across the United States. In 1955 he founded the McDonalds Corporation, and 5 years later Kroc bought the exclusive rights to the McDonald’s name. McDonalds today is very successful due to many success factors, one being their great promotional campaigns all over the world. One of their greatest promotion techniques is through the World Wide Web, their website today can be seen all over the world and caters to all different cultures around the globe. People all over the world may search the McDonalds website in over 100 languages around the globe, which is a great promotional technique in which they are able to reach many different customer bases in their native language. Their promotions today include many items such as the premium McWRAP which has a southwestern flavor. Also some of their best selling items such as their Big Mac, chicken nuggets, and most recently their quarter pounder burgers. In addition,...
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...Visayas State University College of Management and Economics DEPARTMENT OF BUSINESS AND MANAGEMENT Visca, Baybay City, Leyte MGMT 213 Project Management and Evaluation Submitted by: Coffee Enthusiasts Team M.L.C. Ampac, R.Q.Clavite, Jr., J.B.Manggay, R.J. Lopez, E.L. Mulig, M.H.P.Seco, V.J.J. Taghoy, and M.L.C.Tambis Students, Master in Management PROF. ARGINA M. POMIDA Professor, MGMT 213 BASIC INFORMATION a. Title of Project: VSU Coffee Hub b. The sponsoring company: VSU-IGP Contact Person: Dr. EutiquioSudaria Director, VSU-IGP Visayas State University Visca, Baybay City, Leyte c. Team name : The Cofffee Enthusiasts Member: M.L.C. Ampac, R.Q. Clavite, Jr., J.B. Manggay, R.J. Lopez, E.L. Mulig, M.H.P. Seco, V.J.J. Taghoy, and M.L.C. Tambis d. Date: 10 November 2014 (1st semester SY 2014-2015) [pic] Business Logo Table of Contents Page No. I. EXECUTIVE SUMMARY 4 II. BACKGROUND/SITUATION ANALYSIS 5 III. PROJECT OBJECTIVES 6 IV. DESIRED IMPACT AND OUTCOME OF THE PROJECT 7 V. TECHNICAL APPROACH 8 VI. PROJECT MANAGEMENT 14 VII. PROJECT ACTION PLAN (MILESTONE, WBS) 18 VIII. DELIVERABLES 21 IX. BUDGET REQUIREMENT 22 X. COMMUNICATION AND COORDINATION 25 XI. RISK MANAGEMENT PLAN 26 XII. MONITORING AND EVALUATION METHODS 27 XIII. SUSTAINABILITY PLAN...
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...discuss other qualitative factors that could have an impact on quantitative analysis. Waiting lines and project planning can be used as examples. Teaching Suggestion 1.2: Discussing Other Quantitative Analysis Problems. Section 1.2 covers an application of the quantitative analysis approach. Students can be asked to describe other problems or areas that could benefit from quantitative analysis. Teaching Suggestion 1.3: Discussing Conflicting Viewpoints. Possible problems in the QA approach are presented in this chapter. A discussion of conflicting viewpoints within the organization can help students understand this problem. For example, how many people should staff a registration desk at a university? Students will want more staff to reduce waiting time, while university administrators will want less staff to save money. A discussion of these types of conflicting viewpoints will help students understand some of the problems of using quantitative analysis. Teaching Suggestion 1.4: Difficulty of Getting Input Data. A major problem in quantitative analysis is getting proper input data. Students can be asked to explain how they would get the information they need to determine inventory ordering or carrying costs. Role-playing with students assuming the parts of the analyst who needs inventory costs and the instructor playing the part of a veteran inventory manager can be fun and interesting. Students quickly learn that getting good data can be the most difficult...
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...Southwestern University The Graduate School of Health Science, Management and Pedagogy In Compliance for the Course Requirement in MBA 518 FOOD AND NUTRITION MANAGEMENT Submitted to: Prof. Israel N. Abarratigue Course Adviser Submitted by: Tisha Marie R. Ongcoy MBA- HRM – 1 ASSIGNED TOPIC OUTPUT AND COMPILATION TOPIC : Maintenance of Health through Good Nutrition and Safety Food Practices CONTENTS: 1. Food Related Illness and Allergies 2. Hygiene, Sanitation and Safety Control in Food REFERRENCES: * US NRA ServSafe® Food Manager Certification Course 2011 Module 1. FOOD RELATED ILLNESS AND ALLERGIES 2.1 CLASSIFYING FOODBORNE ILLNESS a. Foodborne Infections * Results when a person eats food contaminating pathogens, which then grow in the intestines and cause illness b. Foodborne Intoxications * Results when a person eats food containing toxins that cause illness c. Foodborne Toxin-Mediated Infections * Result when a person eats food containing pathogens, which then produce illness-causing toxins in the intestines 2.2 BACTERIA THAT CAUSE FOODBORNE ILLNESS a. Bacteria: Basic Characteristic * Living, single-celled organism * Can be carried by food, water, soil, animals, humans or insects * Can be reproduced very rapidly under favorable conditions * Some survive freezing * Some change into a different from called spores to...
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...is not covered under authorization by any reproduction rights organization. To order copies or request permission to reproduce materials, contact Ivey Publishing, Ivey Business School, Western University, London, Ontario, Canada, N6G 0N1; (t) 519.661.3208; (e) cases@ivey.ca; www.iveycases.com. Copyright © 2011, Richard Ivey School of Business Foundation Version: 2015-04-28 NUTRIFUSION tC It was early June 2010, and two months had passed since Heather Larson had been granted exclusive Canadian distribution rights to the Nutrifusion product. She had been very busy trying to develop the best strategy for this exciting new product. Nutrifusion had been sold successfully in the United States, and Larson believed it had the potential to earn strong profits and to provide her with a new career; however, as with any new venture, inherent risks were involved. Larson, in partnership with her father, Jeff Larson, was contemplating the launching of Healthy Life Group (HLG) to market Nutrifusion throughout Canada. The partners wanted to evaluate the product’s financial feasibility before deciding whether to proceed with the opportunity. If they did decide to proceed, HLG would incorporate and begin operations on January 1, 2011. Do No Nutrifusion was an intriguing new product in the health-food industry. A...
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...高雄應用科技大學 National Kaohsiung University of Applied Sciences Project management – Fall 2013 Project Assignment No. 1 Team Members: Lê Hoàng Việt An (黎黃越安) Leader Student code: 1101629110 Lê Bình Minh (黎平明) Student code: 1102629115 Đào Thị Trang (陶氏莊) Student code: 1101529121 Nguyễn Thị Kiều Trang(阮氏僑莊) Studen code : 1102629130 Lương Thị Huyền(梁 氏 玄 ) Student Code : 1101529118 Welcome to “Destiny” - Creative tour for creative people Teams numbers – “Destiny” Leader: Lê Hoàng Việt An (黎黃越安) Lê Bình Minh 黎平明 1102629115 Student code: 1101629110 Student code: 1102629115 Hobby: dancing, singing…, Hobby: pop, rock… lehoangvietan89@gmail.com nothinglastforeverdl@gmail.com Đào Thị Trang (陶氏莊) Nguyễn Thị Kiều Trang(阮氏僑莊) Student code: 1101529121 Studencode : 1102629130 Hobby: listening music, traveling.., Hobby: traveling, shopping.., Tranghubt90@gmail.com Trangnk237@gmail.com Lương Thị Huyền(梁 氏 玄) Student Code: 1101529118 Hobby: listening music...
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...Cinemark Presents: The Avenger’s Movie Premiere A night at Cowboy's Stadium Benefiting: Children's Medical Center of Dallas Table of Contents Executive Summary.......................................................................3 Background Dallas Chamber of Commerce………………..……………….4 Cinemark…………………………………………………………4 Children’s Medical Center of Dallas.......................................5 Event Details VIP.........................................................................................6 General Admission................................................................7 Timeline………………………………………………………………...8 Budget..........................................................................................9 Appendix A Case Studies…………………………………………...10 Appendix B Letters of Recommendation..………………..……….11 Appendix C Assumptions....………………………………………...14 Appendix D Citations..…………..………...………….……………..15 Appendix E Stadium Map………………………………………...…16 Appendix F Parking Map…………………………………………....17 Executive Summary Want to see the biggest movie of summer 2012 on the biggest high definition screen in the world? Cinemark Theaters presents a movie premiere featuring Marvel Studios’ “The Avengers”, the most anticipated movie of 2012 at Cowboys Stadium in Arlington, Texas. Along with a VIP party before the screening of the movie, this event will be to benefit medical research for Children’s Medical Center of Dallas. The...
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...Facts and Statistics LOCATION: Saudi Arabia is a monarchy in southwestern Asia, and occupies most of the Arabian Peninsula. Saudi Arabia is bordered on the north by Jordan, Iraq, and Kuwait; on the east by the Persian Gulf and Qatar; on the southeast by the United Arab Emirates and Oman on the south by the Republic of Yemen; and on the west by the Red Sea and the Gulf of Aqaba. The southeast and southern boundaries are not precisely defined. The Middle East, bordering Iraq 814 km, Jordan 744 km, Kuwait 222 km, Oman 676 km, Qatar 60 km, UAE 457 km, Yemen 1,458 km Capital: Riyadh Climate: harsh, dry desert with great temperature extremes Population: 25,795,938 including 5,576,076 non-nationals (July 2004 est.) Ethnic Make-up: Arab 90%, Afro-Asian 10% Religions: Muslim 100% Government: monarchy Language in Saudi Arabia Arabic is the official language of Saudi Arabia, but English is widely spoken. It is used in business and is a compulsory second language in schools. Among the non-Saudi population, many people speak Urdu, the official language of Pakistan, and other Asian languages such as Farsi and Turkish. Arabic is spoken by almost 200 million people in more than 22 countries. It is the language of the Qur'an, the Holy Book of Islam, and of Arab poetry and literature. While spoken Arabic varies from country to country, classical Arabic has remained unchanged for centuries. In Saudi, there are differences between the dialects spoken in urban areas and those spoken...
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