Biz-Café Calculating the Cost of making a Cup of Coffee. Ted Mitchell. Sources of Information. General Information in the student manual Coffee Calculator in game Materials Report in the game. Calculation for Variable Cost per cup. $ 5 per pound for good $6 per pound for best
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
A Two-Factor Model for calculating the number of pounds of coffee to buy when selling medium size cups (16 oz.)
Output = Conversion rate x InputOutput = (Output/Input) x Input
Output: Pounds of coffee to buy this week, lbs
Conversion rate: given as 0.032
Input: Your Forecasted Number of medium cups that will be sold, Q What are the units in the conversion rate?
lbs = (lbs/Q) x Q
Conversion rate is written as 0.032 pounds per cup