Scenario You are a coffee shop owner and looking to expand your coffee shop and

Scenario you are a coffee shop owner and looking to

This preview shows page 5 - 8 out of 40 pages.

Scenario You are a coffee shop owner and looking to expand your coffee shop and are preparing an operational plan which includes budgets as well. You have conducted a quick cost and profit analysis of your current coffee shop which is as follows which serves standard coffee per cup. Cost is as per below. (Guide: 50 words). Coffee cost per cup $0.30 Milk per cup $0.20 Take-away cup and lid $0.10 Labour costs per cup $0.20 Total costs per cup $0.80 Average price of a coffee $3.50 1.9a) What is the profit per cup? $2.70 1.9b) What percentage would be the net profit ($2.50 - $3.50 per cup). 212.5% to 337.5% 1.10 As you would like to expand your coffee shop, you have to calculate the worst case scenario which is fluctuation in supplier’s prices, cost of different milk such as almond milk, different labour costs and use another supplier for coffee cups due to being environmentally friendly. Review the costs and come up with a variation to the cost. Coffee cost per cup $0.50 Milk per cup $0.40 Environmentally friendly take-away cup and lid $0.20 Labour costs per cup $0.50 Total costs per cup $1.60 Average price of a coffee $3.50 1.10a) What is the profit per cup? $1.90 1.10b) What percentage would be the net profit ($2.50 - $3.50 per cup). Explain the variance. 56.25% to 118.75% The variance for BSBMGT517 Assessment Tool V4 Issued 28/3/2019 P a g e | 5
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ASSESSMENT TOOL Qualification: SIT50416 Diploma of Hospitality Cluster number and name: HD 4.1 Manage Operational Plan Units of competency: BSBMGT517 Manage operational plan Student’s ID and full name: Please advise all students to insert their ID this column and on all pages, they submit . Assessor’s name: Please ensure your name or assessor name is inserted. Number of weeks for this cluster: 5 Assessor’s feedback: Task outcome: Satisfactory Not satisfactory BSBMGT517 Assessment Tool V4 Issued 28/3/2019 P a g e | 6
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ASSESSMENT TOOL Qualification: SIT50416 Diploma of Hospitality Cluster number and name: HD 4.1 Manage Operational Plan Units of competency: BSBMGT517 Manage operational plan Student’s ID and full name: Please advise all students to insert their ID this column and on all pages, they submit . Assessor’s name: Please ensure your name or assessor name is inserted. Number of weeks for this cluster: 5 ASSESSMENT TASK 2: DEVELOP AN OPERATIONAL PLAN Assessment type: Case study and practical activity Assessment task description This is the second (2nd) unit assessment task which comprises of case study and practical activities. This task consists of a case study and practical activities relating to the case study Student must not use non-discriminatory language. The language used should not devalue, demean, or exclude individuals or groups on the basis of attributes such as gender, disability, culture, race, religion, sexual preference or age. Gender inclusive language should be used.
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