Juice

In: Other Topics

Submitted By rcharity
Words 833
Pages 4
Instructions: Please complete all 3 multi-part problems for this week's assignment.

2-1 Basic Estimating Problem
Your company is installing a new piece of machining equipment and a robotic arm. Your manager asks for the project costs by cost category as well as the total amount. Given the following information, develop a base cost estimate by grouping costs by Equipment / Material (items 1 – 4), Installation / Labor (items 5 and 6), and Overhead (items 7-9). 1. Two pieces of equipment costing $ 15,000 and $ 35,000 2. Material required for electrical hook-up is 400 feet at $ 25 per foot 3. Controls for each piece of equipment are estimated at $ 600 each 4. Required start-up material is 3,700 pounds at $ 2.70 per pound 5. Company labor for installation requires two maintenance specialists for two days at eight hours per day and $ 35 per hour 6. Contract labor is estimated at a fixed price of $ 7,500 7. Engineering is estimated to be 15% of (equipment / material) cost based on past experience 8. Inspection is estimated to be 3% of (labor) cost based on past experience 9. General and Administrative expenses are estimated to be 5% of the total of (equipment / material) and (labor) based on past experience.
Note: For this problem, only items 5 and 6 are considered "labor" for the purpose of calculating items 8 and 9.
Check answer: Total project cost = $94,737.60

2-2 Three-point Estimate Problem (a) A project requires the use of structural steel in several tasks over the 12 month period expected to complete the work. Based on recent experience the most likely price for the material is $0.30/lb. There are, however, price fluctuations over time based on suppliers used and structural steel availability. The most optimistic price estimate is $0.24/lb., and the most pessimistic estimate is $0.62/lb.
Use the three-point…...

Similar Documents

Juice Guys

...JULY 17, 2006 JOSEPH B. LASSITER, III Juice Guys (A) CREATING THE ULTIMATE JUICE SHOP: Squeezing and Blending the Data to Get to the Juice !!! Sharon Fox Cindy Rushmore Harvard Business School Faculty Sponsored Field Study Preliminary Draft ________________________________________________________________________________________________________________ Sharon Fox and Cindy Rushmore HBS MBAs ’99, prepared this case under the supervision of Professor Joseph B. Lassiter, III as the basis for class discussion rather than to illustrate either effective or ineffective handling of an administrative situation. This case is a revised version of a field study performed by Sharon Fox and Cindy Rushmore supervised by Professor Lassiter and a course paper prepared by Sharon Fox for the Customer Behavior Laboratory course supervised by Professor Gerald Zaltman. Copyright © 1999 President and Fellows of Harvard College. To order copies or request permission to reproduce materials, call 1-800-545-7685, write Harvard Business School Publishing, Boston, MA 02163, or go to http://www.hbsp.harvard.edu. No part of this publication may be reproduced, stored in a retrieval system, used in a spreadsheet, or transmitted in any form or by any means—electronic, mechanical, photocopying, recording, or otherwise—without the permission of Harvard Business School. Purchased by Jordana Blesa (Babesktr@aol.com) on January 11, 2012 800-122 Juice Guys (A) CONTENTS I.......

Words: 9116 - Pages: 37

Jamba Juice

...MGT 4800 – Strategic Management Case Study Write Up – Jamba Juice April 8, 2013 Major trends in the general environment Jamba Juice has tried to capture a good portion of health conscious consumers by providing healthy smoothies and other nutritious foods for customers on the go. Even though there are direct competitors such as Planet Smoothie, Starbucks, Dunkin Donuts, Panera Bread and McDonalds, Jamba Juice remains competitive by offering its unique blend of smoothies. They are made with real fruit and 100% fruit juices that are blended to order. They are also rich in vitamins, minerals, proteins, and fiber. No other competitor comes close to providing such a healthy substitute. In addition, Jamba Juice is trying a new tactic by offering baked goods, oatmeal, wraps, sandwiches and flatbreads in order to attract more customers. To stay on trend with the hot beverage market, Jamba has recently added its hot blends products which include three tea latte flavors, six varieties of tea pouches and classic hot chocolate made with premium natural and organic ingredients. To differentiate itself from traditional fast food competitors, Jamba Juice has positioned its products, made from fresh produce and natural ingredients, as healthy alternatives to conventional fast food fare. Due to the vast options in size, calorie content and relative sweetness, Jamba’s smoothies, baked goods and meals could serve as a light snack, sweet treat, or meal replacement for on-the-go...

Words: 616 - Pages: 3

Juice

...Nutrition Drive- Juice What is Nutrition Drive? Ask a captain or a person who regularly spends his/her evening on a sports field/court, you’ll certainly hear the problem of the not-so-nutritious diet made available to them in their hall mess & canteen. Our campus provides quality food at hostel level, no doubt. But those people who follow a rigorous routine of workouts, gym, road-running, weekly matches, this mess food doesn’t guarantee the total nutrition that should be. Nutrition drive is being initiated with this motive only. The Games & Sports Council wants every deserving player of its contingent to get the maximum benefit. How to begin? Every 6 days a week, from 8 30 to 9 30pm a juice stall would be booked in front of hall 3, specifically for sports people. The stall owner would be given a list of captain’s & vice-captain’s name on it. Students who are regular in practice and have attended the practice session on that day can avail this facility, this would be done under the supervision of the captain or the vice-captain, one of them has to be present along with them. Every sport that our campus students play has a different strength than the other. To account for this, number of students who can benefit from this activity would be limited & the thing most important to this, only regular students can utilize this opportunity. There can be 3 different types of Juices that can be provided, namely pineapple, orange & any other seasonal......

Words: 489 - Pages: 2

Boost Juice

...Below is a free essay on "Boost Juice Case Study" from Anti Essays, your source for free research papers, essays, and term paper examples. Today, people focus more on their health, choose their foods very carefully because they have seen that people has cancer, heart disease, and diabetes more than before. Boost was understood what its customers’ needs, and bring the best services to customers. So it was successful by produce the healthy drink. Boost’s products are different with its competitors and focus on macro-environmental to make its business successful. Boost, the juice company was created in 2000 with the first store in South Australia. In 2003/04, their capital growth 257% and a turnover is nearly $20 million. In 2007, they have more than 180 stores in Australia and around the world. They are making different healthy product such as low-fat, super, skinny, lite, sporty smoothies, crushes, juices and snacks (Kotler et al. 2009). There are four major elements of marketing strategy: market segmentation and targeting, differentiation and positioning. These elements mean that companies have to select customers to serve, and create value for them (Armstrong et al. 2012). In this case, Boost Juice has defined market segments; it means divide the group of customers to serve such as aged, lifestyle, etc...After defined market segmentation, it will select one of these segments to enter. That is why their products have many types and different size as small, medium......

Words: 342 - Pages: 2

Juice Bar

...Cafeteria Juice Bar Proposal idea: To set up portable juice bars on school campuses, offering healthy fruit and vegetable drinks, along with some healthy snacks. These juice bars would not sell commercially packaged fruit drinks because these contain a high amount of sugar. Instead, they will offer freshly squeezed juices. Freshly squeezed juices are healthy for the body and contain a lot of the essential vitamins and minerals that the body requires. " Fresh juices are a tremendous source of enzymes. In fact, the freshness of juice is one of their key features since enzymes are destroyed by heat. When fruits and vegetables are juiced raw the enzymes are still viable when you drink the juice. Another benefit of drinking fresh juices is that your body can absorb more of the vitamins and minerals than if you were to eat the fruits whole!  Many of the nutrients are trapped in the fiber and by juicing fruits; you break down the fiber and release the vital nutrients." (Soyquick) It is very important that students learn about the benefits of a healthy life style at a young age. The habits that a student learns early in life will remain with them throughout their life. A healthy juice and snack bar would be an excellent way to encourage students into getting into the habit of healthy eating and healthy drinking. Besides having fresh squeezed juice at the juice and snack bar, there would also be a wide variety of healthy snacks to choose from. The snacks will include fresh......

Words: 1186 - Pages: 5

Jamba Juice

...of Jamba Juice, had a desire of self-business since he was very young. At the age of 16 he started to work at Vons, bagging groceries, and ultimately he became assistant manager at Safeway. This process helped him to gain 10 years of valuable retail experience. At the age of 25, he stop his day job and worked late night stocking groceries and started working out and bicycling during the day. Usually after exercising, he would buy a smoothie, which was healthier than frozen drinks. This eventually put the ideas in his mind to open his own smoothie store. Kirk Perron started to gather his people to help him launch the business. He met his director of research and developer, Joe Vergara, at Safeway store who already was involved in the juice bar business, Kevin Peters who became director of partnership development, and Linda Ozawa the head of marketing. One of the obstacles that Kirk Perron faced at the start of the business was the fact that he could not convince the bank to get loan. Therefore, he had to sell his apartment and borrow money from his mother and his friend, all together he got $115,000. This is how they could get their first location on San Luis Obispo and in April 1990, they opened their first smoothie store, and named it Juice Club. By the end of second year, Juice Club was turning profit and Kirk Peron was ready to expand the business. Since he was unsuccessful with getting a loan, he decided to expand through franchising. Kirk Perron’s second Juice Club......

Words: 1819 - Pages: 8

Vegetable Juice

...vegetable juice company but entire beverage umbrella. Fruit juices, vitamin water and flavor water. A main goal of the company is to increase brand awareness amongst our target market and inform them about the benefit of our new product. A second goal of the company is to increase its overall sales. This campaign will combine traditional advertising techniques like magazines, flyers, radio, billboards along with in-store activities and social media marketing. Market Information Market Profile  The Canadian Fruit/Vegetable Juice off trade volume sales increased from 1,351.5 million liters in 2009 to 1,382.7 million liters in 2010.  According to Statistics Canada the total number of people in 2009 who consumed vegetables/fruits 5 or more times per day were 3,92,1549.  Minute Maid Co of Canada, a Coca-Cola company, leads sales of fruit/vegetable juice in Canada, with a total volume share of 16% in 2009  A Lassonde Inc is the second leading company in fruit/vegetable juice in Canada, holding a 16% value and a 15% volume share in 2009  By the end of 2014, 100% juice is expected to reach sales of C$2.6 billion and 1.4 billion litres in off-trade channels. Brand Profile Veggie Ville distinguishes itself from the other brands based on its single flavor, 100% organic vegetable juice which offers 5 different flavors which are not cocktailed unlike the other competitors who offer 70% of Tomato juice with other vegetable ingredients. The juice content is...

Words: 1270 - Pages: 6

Boster Juice

...Booster Juice Georgian college Room K 209 February 6, 2010 12:00pm – 2:50pm I. Welcome & Introduction, Agenda II. Expansion ideas, Brain storming and summary of tasks III. Steps needed to expand franchise in China * What steps are required to introduce Booster Juice to Chinese market? IV. Steps needed to expand franchise in Britain * What steps are required to introduce Booster Juice to Britain market? V. Questions and discussion VI. Summary, Adjournment, Next Meeting The purpose of this meeting is to brainstorm and come up with concrete ideas for successful expansion in China and Britain. Some ideas might be researching areas in the middle-higher income, observing foot traffic/trends in business areas. As most of you are aware, Booster Juice already has over 200 locations in Canada, United States, Asia and Europe. In 2006 we successfully signed a 50-store agreement with Saudi Arabia. We are looking to expand our markets in Europe, Middle East and tap into the Far East, South America and Central American markets. Fast food industry is growing at rate of about 5% each year. Fruit and smoothies show an annual growth of about 25%. Currently our main competitors in Canada are Jugo Juice and Euphoria Smoothies. Euphoria Smoothies has begun to expand in United Kingdom, U.A.E and India. With the fast growth of our company we see ourselves raising the benchmark to a new height in this industry. Expanding into...

Words: 352 - Pages: 2

Juice Recipies

...Juice Recipes Golden rules of juicing: - Put more veggies in your juice than fruits! The majority of your juice should contain leafy greens & other veggies. Most fruits contain natural sugar & therefore should be used in moderation - Never add sugar in your juice! - Stick to what you like. Do not juice things you have to force your self to drink. - It is tiring to juice everyday. Make juice for 2-3 days at a time and store it in mason jars & refrigerate to preserve the freshness. I highlighted my favorite juices but I recommend you try all of them at least once |Sunset Passion |Jolt Juice |reFresh |Strawberry Sunset |Pineapple Delight | | | | |1 cup strawberries |1 large bunch of spinach | |1 beet |2 apples |1 apple |1 cup grapes | | |1 Cucumber |1 orange |2 oranges |1 orange |¼ of a pineapple | |2 Carrots |1 cucumber |1 cucumber |1 cucumbers | | |1 green apple |½ lemon |5 carrots | |½ cucumber | |4 Kale Leaves |4 Kale leaves |1 lime | | ...

Words: 300 - Pages: 2

Jumba Juice

...appendices I)……………………………….13 Conclusion………………………………………………………………..14 References………………………………………………………………..15 Appendices……………………………………………………………….17 Group Contract…………………………………………………………..25 Executive Summary Jumba Juice, a chain of smoothie restaurants from the United States, is facing a marketing challenge that will be solved throughout the following case study. The company needs to define their target market, as well as create brand awareness in Canada through a new marketing plan. There are four alternatives that the clients should consider; a) marketing to Generation Y, b) marketing to the Millennial generation, c) marketing to business people, and d) marketing to health conscious individuals. The recommended alternative is to market to suburban areas across Canada because they contains three of segments of Jamab Juice’s market; Generation Y, the Millennial’s and health conscious individuals. This region has the best-predicted outcome of new consumers and will result in more revenue for Jamab Juice. Problem Statement Jamba Juice is currently operating in the United States and would like to establish themselves in Canada to increase market share. Situation and segmentation analysis is necessary in order to create an effective marketing plan for Jamba Juice to penetrate the Canadian market. Situation Analysis External Analysis (Refer to appendices A) Regulatory/Political: Fortunately for current smoothie bars owners there are intellectual property rights......

Words: 3721 - Pages: 15

Booster Juice

...Executive Summary Booster juice franchise offers a wide variety of smoothies comprising of pure juice, fruit sorbet, vanilla frozen yogurt, frozen fruit, fresh yogurt. The store will be located at Preston Crossing at the mini mall strip, opposite Walmart. The shop will be incorporated with one manager, four part-time and two full time employees. The manager will be on salary and will oversee all operations. Two supervisors will oversee day to-day operations of the shop and the four part-time employees will be responsible for customer services. Both full time and part-time employees will be paid hourly wages. Initial requirements for all furniture, fixture, computer software and hardware and equipment will be supplied by Booster Juice Inc as part of the turnkey operation. All other supplies will be purchased from Booster Juice Inc. Our shop will be incorporated. Richard Azinwi, Nadia Maqbool and Ravi Brar will be the equity owners. We will have a total of seven employees comprising of one manager, two full time supervisors and four part-time employees. As part of our franchise deal, Booster Juice Inc will offer continuous training and support to our employees. Marketing for the Booster Juice is done by the franchisee and franchisor. The franchisor will do large scale marketing for all of the franchisees, as per the royalty agreement. Our Booster Juice will concentrate on local advertising. We will be doing an aggressive advertising in the first year to create store......

Words: 4366 - Pages: 18

Orange Juice

...FUFILLMENT OF THE COURSE FST 217 TOPIC ORANGE JUICE (GROUP 8) BY NWANKWO HAPPINESS .U. 2014/ND/34762/FT LECTURER: MR. TOPE MARCH 2016 INTRODUCTION This term paper is about Orange Juice and how it is produced and gotten. ACKNOWLEDGEMENT My foremost gratitude goes to Almighty God, JEHOVAH, who has led me thus far. I also want to appreciate the effort of my Family members most especially Mrs Nwankwo Happiness .U. who has been helping me both financially and whose love has kept me going. Also my friend who helped me to type this work. ORANGE JUICE Orange juice is the liquid extract of the fruit of the orange tree. It is made by squeezing the fresh orange. Some commercial orange juice with a long shelf life are made by drying and later re-hydrating the juice, or by concentrating the juice and later adding water to the concentrate. Others are made by pasteurizing the juice and removing oxygen from it, necessitating the later addition of a flavor pack, generally made from orange products. It is known for its health benefits, particularly its high concentration of vitamin C. It comes in several different varieties, including blood orange. Orange juice is made from unfermented fresh oranges and provides many benefits for the body. Fresh orange juice is the richest source of vitamin C and fulfills an entire day’s worth of vitamin C in just one serving. Chock full of useful minerals like potassium and magnesium, orange juice is also very low in fat and......

Words: 3415 - Pages: 14

Sugarcan Juice

...CHAPTER 1 Products:  Jadu Shokti: Our priority product. Jadushokti will be served to the rural people via vans. They will be provided clean and chilled. Our main concern is providing it fresh and make sure that consumers realize how hygienic it is. This product is priced very low compared to other available juices anywhere. Targeted at the rural people especially on field workers like farmers JaduShokti is a low price affordable juice to provide them energy boost and nutrition at the least price possible. With a serving quantity of 200ml it will be quite filling and refreshing for consumers.  Shaad Chanchollo: This Product is targeted towards people with low incomes living in metropolitan areas. It is priced at a very affordable rate. Since they cannot consume the high end health drinks or have disposable income to spend behind pricy juices, they can consume our product as a means of refreshment as well as health drink. Our 200ml juice should provide the enough energy to be efficient and work and stay healthy. Shaad Blaze:Blaze is our premium product. This product shall maintain the sustainability of our whole project. This premium juice comes with added lemon and salt to give its taste a more tropical blend. Not only does this gives the product a unique taste it also adds up to nutrition value which might help to attract high end customers. This will be exclusively packed in high quality packaging. Our premium high end product will be available in 250ml and......

Words: 1473 - Pages: 6

Juices

...Dabur Juices: * New Venture: The Company has plans to launch new juices that will be launched under its brand umbrella Hajmola, which will be called Hajmola Yoodley. These juices will be targeted at consumers who are looking for juices with digestive properties. The Hajmola Yoodley juices range was planned to be launched across the country in a 250ml pack, priced at Rs30. It will be available in six different variants – Awaara Aam Panna, Nimboora Shikanji, Go Goa Guava, Jhakaas Jaljeera, Golmaal Golgappa and Kabhi Kala Kabhi Khatta. * Distribution: Equipped with a comprehensive distribution capability of more than three million retail outlets and more than 5,000 distributors, the company has a deep penetration in both urban and rural India. * Promotional Offerings: * Dabur launched Réal special occasion gift packs in fruit/vegetable juice. Dabur had initially offered these gift packs during the festivals of Rakhi and Diwali. Based on consumer response and their desire for similar packs for other occasions and festivals, Dabur has plans to extend this range to cover other festivals, such as Baisakhi as well as other regional festivals. * The company also joined forces with Disney for its hit film franchise Cars to reach out to children with its 200ml packs. Under this tie-up, especially-designed 200ml packs of Réal were introduced with popular Cars characters featuring on the front of the pack. * Dabur strengthened its juice portfolio over the course...

Words: 506 - Pages: 3

Boost Juice

...Case Study: BOOST Juice While a prime reason for choosing any drink is to quench one’s thirst, it is when consumers continually demand a particular brand that marketers know they have done their job well. There are many ways in which we san slake our thirst, and large amounts of money are spent on positioning branded drinks in various categories – such as those competing in carbonated beverages, water and milk drink sectors – not to mention the sums spent on convincing us that we need to drink more of that type of drink. You might think there is very little room left to grow the market, or feel that the industry is overcrowded. After all, Australasia isn’t North America, which has almost ten times the local population. California alone has the same population as Australasia. Nevertheless, while there have been failures, juice bars targeting the health-conscious have sprung up in many different locations, particularly in shopping malls. A big player in this market, Boost Juice, was founded by Melbourne-born Janine Allis in 2000. It experienced 257% growth in 2003/04 and by then had 100 stores and a turnover of nearly $20 million. By 2007 there were 180 stores throughout Australia, with three in Chile, two in Indonesia, and one each in Kuwait, Singapore and Dubai, and turnover had risen to over $90 million. All this in seven short years! More than 150 of the stores are franchise operations. When high-profile investors such as the co-founder of Flight Centre, Geoff Harris,......

Words: 658 - Pages: 3