Peet's Coffee and Teas produces some flavorful varieties of Peet's brand coffee. Is Peet's a monopoly? O No, Peet's is not a monopoly because there are many branches of Peet's. O No, although Peet's coffee is a unique product, there are many different brands of coffee that are very close substitutes. Yes, there are no substitutes to Peet's coffee. O Yes, Peet's is the only supplier of Peet's coffee in a market where there are high barriers to entry.
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- Myers Inc. manufactures biodegradable bottles. Since this is a patented method of producing environmentally-friendly plastic, they cannot use an overseas contractor. They will make the products in the United States. What criteria would you use to assess their business model? O The production expertise scale will tell if the company is ready to partake in such a venture. O The fixed costs need to be compared to other similar companies in the U.S. The standardization of the product is making it more expensive to produce, as the copyrights are implemented. O Since the product will be outsourced, the manager needs to assess the simplicity of the supply chain. Even though the manufacturing costs are high, the transportation costs will be low. O The minimum efficient scale will tell the minimum volume they need to produce to reach economies of scale. The quality of the in-house product needs to be constantly inspected, as they will not use outside sourcing.The Chromosome Manufacturing Company produces two products, X and Y. The company president, Gene Mutation, is concerned about the fierce competition in the market for product X. He notes that competitors are selling X for a price well below Chromosome's price of P12.70. At the same time, he notes that competitors are pricing product Y almost twice as high as Chromosome's price of P12.50. Mr. Mutation has obtained the following data for a recent time period: PRODUCT X PRODUCT Y Number of Units 11,000 3,000 Direct Materials Cost Per Unit 3.23 3.09 Direct Labor Cost Per Unit 2.22 2.10 Direct Labor Hours 10,000 2,500 Machine Hours 2,100 2,800 Inspection Hours 80 100 Purchase Orders 10 10 Mr. Mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. The overhead costs for his time period consisted of the following items: Overhead Cost Item Amount Inspecting Costs…Coca-Cola is promoting its new Full Throttle energy drink, PepsiCo Inc. is marketing energy drinks under its SoBe and Mountain Dew brands, and smaller companies are challenging the soft drink giants with products such as Powerade, Rockstar, and FUZE Mega Energy. With concerns about the amount of sugar in soft drinks and the negative health effects that can cause, brands such as Vitaminwater and Bai have garnered significant market share and have been acquired by soft drink giants such as Coca-Cola and Dr Pepper. The person behind the success of Powerade, Vitaminwater, and Bai is Rohan Oza. After graduating from the University of Michigan’s business school, Oza began working at Coca Cola, where he worked on brands such as Sprite and Powerade. After Oza left Coca Cola for more entrepreneurial challenges, he scored a coup with Smartwater, where he was able to approach Jennifer Aniston to become the endorser of the product. He also was able to attract rapper 50 Cent as an endorser of…
- Coca-Cola is promoting its new Full Throttle energy drink, PepsiCo Inc. is marketing energy drinks under its SoBe and Mountain Dew brands, and smaller companies are challenging the soft drink giants with products such as Powerade, Rockstar, and FUZE Mega Energy. With concerns about the amount of sugar in soft drinks and the negative health effects that can cause, brands such as Vitaminwater and Bai have garnered significant market share and have been acquired by soft drink giants such as Coca-Cola and Dr Pepper. The person behind the success of Powerade, Vitaminwater, and Bai is Rohan Oza. After graduating from the University of Michigan’s business school, Oza began working at Coca Cola, where he worked on brands such as Sprite and Powerade. After Oza left Coca Cola for more entrepreneurial challenges, he scored a coup with Smartwater, where he was able to approach Jennifer Aniston to become the endorser of the product. He also was able to attract rapper 50 Cent as an endorser of…JFI Foods produces processed foods. Its basic ingredient is a feedstock that is mixed with other ingredients to produce the final packaged product. JFI purchases the feedstock from two suppliers, Rex Materials and Red Oak Chemicals. The quality of the final product depends directly on the quality of the feedstock. If the feedstock is not correct, JFI has to dispose of the entire batch. All feedstock in this business is occasionally "bad," so JFI measures what it calls the "yield," which is measured as, Yield = Good output ÷ Input where the output and inputs are both measured in tons. As a benchmark, JFI expects to get 11 tons of good output for every 20 tons of feedstock purchased for a yield of 55 percent (= 11 tons of output ÷ 20 tons of feedstock). Data on the two suppliers for the past year follow: Rex Materials Red Oak Chemicals Total Total inputs purchased (tons) 1,380 2,280 3,660 Good output (tons) 1,311 1,578 2,889 Average price…Ceylon Coffee Vendors PLC is a company that installs and supplies coffee vending machines in offices, schools and at petrol stations. They were the first coffee vending machine company to sell fair trade coffee. and they have a brand image on ethical activities. However, sales have been declining for many years as many consumers have switched to purchasing better quality coffee from the growing number of coffee shop chains. The marketing director, Mr. Thomas, has been investigating the market for disposable coffee cups that are fully recyclable as the contribution made by the manufacturing industry growing and trading to environmental and social issues. The cups are manufactured from a combination of paper and coated in Polylactic Acid-Based plastic to make them waterproof. He believes that this would allow Ceylon Coffee Vendors PLC to sell to the big coffee shop chains, to exploit the benefits from the growth in this market. The initial cost of the expansion will be Rs. 3.3…
- JFI Foods produces processed foods. Its basic ingredient is a feedstock that is mixed with other ingredients to produce the final packaged product. JFI purchases the feedstock from two suppliers, Rex Materials and Red Oak Chemicals. The quality of the final product depends directly on the quality of the feedstock. If the feedstock is not correct, JFI has to dispose of the entire batch. All feedstock in this business is occasionally "bad," so JFI measures what it calls the "yield," which is measured as, Yield = Good output ÷ Input where the output and inputs are both measured in tons. As a benchmark, JFI expects to get 11 tons of good output for every 20 tons of feedstock purchased for a yield of 55 percent (= 11 tons of output ÷ 20 tons of feedstock). Data on the two suppliers for the past year follow: Rex Materials Red Oak Chemicals Total Total inputs purchased (tons) 1,380 2,280 3,660 Good output (tons) 1,311 1,578 2,889 Average price…Required information [The following information applies to the questions displayed below.] Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries. Both beers also have the same variable production costs, though the export product has slightly higher variable costs due to shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two beers are shown below: Budgeted Weighted Average CM Budgeted Actual Sales units (cases) 29,000 19,000 29,350 21,500 Domestic Export Total 48,000 50,850 Price per case Domestic $ 102 $ 101 Export Variable cost per case 104 106 Domestic Export Contribution margin per case Domestic Export Total contribution margin $ 69 $ 69 82 75 $ 33 $32 22 31 Domestic $ 957,000 $ 939, 200 Export 418,000 666, 500 $ 28.6458 Industry Budget…Harisson Inc. owns fast food restaurants and snack food and beverage manufacturers in Canada. One of the restaurants, Pizza Place, serves a variety of beverages along with pizzas. One of the beverages is ginger beer, which is served on tap. Harisson has just purchased a new division, Cumberland Beverages, that produces ginger beer. The managing director of Cumberland Beverages has approached the managing director of Pizza Place about purchasing Cumberland Beverages ginger beer for sale at Pizza Place restaurants rather than its usual brand of ginger beer. Managers at Pizza Place agree that the quality of Cumberland Beverages ginger beer is comparable to the quality of their regular brand. It is just a question of price. The basic facts follow: Cumberland Beverages: Ginger beer production capacity per month 10,000 kegs Variable cost per keg of ginger beer $8 per keg Fixed costs per month…
- Required information [The following information applies to the questions displayed below] Tall Pines Brewery (TPB) makes two specialty beers in its microbrewery: Golden Ale and Dark Ale. Both beers sell for the same price per case in the U.S. market and in the export market. The latter market is primarily European countries. Both beers also have the same variable production costs, though the export product has slightly higher variable costs due to shipping and other distribution costs associated with the export beers. The price, cost, and market information for the two beers are shown below: Sales units (cases) Domestic Export Total Price per case Domestic Export Variable cost per case Domestic Export Contribution margin per case Domestic Export Total contribution margin Domestic Export Sales units (cases) Domestic Export 1. Market share variance 2. Market size variance 3. Selling price variance Sales volume variance $ 4. Sales mix variance $ Sales quantity variance $ Budgeted Industry…Coca-Cola ’s distinctive trademark is more valuable to the company than its bottling plants. But the company’s bot-tling plants are listed in the balance sheet, and the famous trademark isn’t. Explain.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 I 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 Two: "What if" Analysis Your client would like to consider adding ice cream cakes to the list of items available for sale. She is wanting to offer cakes with customized cake, ice cream decorations. She thinks she can sell 20 small cakes a week and 25 large cakes a week. It seems to be lucrative…