Please choose a coffee shop in your area local/or national chain and answer the questions below.
1. What is the one product or service selected from your chosen company choice? Explain your rationale for this selection. Provide at least 3 reasons for this section.
2. Who are your selected product/service's customers and what are its customers unique (heterogeneous needs)?
3. What is the price of your product/service you have selected?Do you think you get value for money for based on what you pay?
4. How efficiently are the products or services delivered to you? Use the course concepts of efficient frontier, Pareto dominated, inefficient firms as discussed in the text book to explain your answer. For this
question, you will have to think about at least 2-3 comparative firms to arrive at your analysis.
5. What is your/customer's demand per week/month/annual for your product/service? Draw the demand/supply curve and price intersection for an annual demand/supply operations management scenario.
Explain the rationale and analysis for your annual demand
6. What are the performance and fit considerations for your select product or service? Explain with at least 2-3 reasoning criteria for each. Leverage the course concepts covered with respect to this question.
7. What are the inconvenience factors, capabilities, and trade-offs? Explain your answer with at least 2-3 reasoning criteria for each. Leverage the course concepts covered, the course materials to help answer this question.
8. What are the three system inhibitors? Leverage the course concepts covered in the text book, course materials with respect to this question.