Exporting Cocoa to The United Kingdom - The Cocoa - Food & Beverage Assignment Help

Assignment Task

Task 1
You have been asked to write a brief overview of Cocoa Beans and specifically the Switzerland Cocoa Beans industry and you have found a suitable report Exporting Cocoa to the UK Report (Note: This report is also available in Moodle). Write a brief overview based on the two sections Cocoa Beans and Switzerland Cocoa Beans Industry. Your overview should be no more than two paragraphs. You should not copy verbatim the information contained in the report. The proper Harvard reference for this report should be included as one of your references.

Task 2
Fair Cocoa Beans has provided you with current information about Top Chocolate Sales locally and globally of chocolate suppliers’ volume of Cocoa Beans production, some of which goes into exports to the UK and some into local USA use. The figure below represents Top Chocolate Sales.

Using an EXCEL spreadsheet:
a) Generate a clustered column for Global Sale productions. Having received further information about Nestle Global Potential Sales in particular and using the table below:

 Years  Nestle Global
            Potential Sales
2015   17690
2016   15820
2017   18965
2018   29932
2019   39000
2020   39900

b) Produce an appropriate scatter diagram based on the Nestle table. Use your diagram to make a linear forecast of Global Sale productions.

Task 3
Having gained a better understanding of the cocoa beans market, you decide to start analysing the largest European cocoa bean importers Figure 3. A good starting point can be found at CBI website: https://www.cbi.eu/market-information/cocoa/trade-statistics#what-makes-europe-an-interesting- market-for-cocoa

Unfortunately, the chart (figure 3) contained in the website is not clear although it does contain good value information about main importers of Cocoa Beans. Therefore, you have decided to make your own table based on the Netherlands. From your graph, create a line chart for Cocoa Beans. Give a brief summary of the potential expansion to this country.

Task 4
Currently, all of Fair Cocoa Beans’ operations are carried out on two separate production lines, one driven by a new machine and the other by a relatively older machine. Recent monitoring of each machine show that the probability of failure in the new one is 0.2 % and in the old one is 0.8 %. Given that the quality assurance department insists on a probability of 99.999% that at least one machine is working at all times, advise Fair Cocoa Beans if this condition is being satisfied.

Task 5
The idea of buying a new machine to replace the older one arose at the last management team meeting. The older one would not be sold but could be used as backup if necessary. If Fair Cocoa Beans does decide to replace the older machine and buy a new one, the finance dept has indicated that the maximum monthly payment they could afford, based on current profit forecasts for the next six years, would be £2000 p.m. The Company’s bankers would be able to offer an interest rate of 7% to borrow
the £98,000 cost of the new machine. What range of months would you recommend that the loan is taken over to keep within Fair Cocoa Beans’ budget?

Task 6
Based on all the data you have considered in Tasks 1-9, summarise in just one or two paragraphs your most important findings. Also, check the overall structure and presentation of your report (see the Brief in Moodle for more details), including your key references

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