Fair Cocoa Beans Summative Assessment - Management Assignment Help

Assignment Task:

Task:

Fair Cocoa Beans produces a variety of packeted chocolate products from its main factory in the UK.Two main packet sizes are available, a smaller one for snack-size sales and a larger one for home baking sales. Fair Cocoa Beans also sells other snack chocolate products (Mars and Ferrero) but both chocolates are by far the best sellers.

The Company imports chocolates mainly from USA and Italy. Business has fared well since the Company set up production in 2018. Indeed, there has been a steady increase in net profits every year since start up. Recently the Company has noticed various trends among customers, including an increasing interest in healthy snacks. One of the older machines in the production line seems to be labouring and breaks down more regularly these days.
Accordingly, as a work placement from the University of Roehampton, you have been set a number of tasks, the results of which should be presented in business report format for Fair Cocoa Beans (word length 2000, excluding graphs/figures/references) and written in English.

These tasks are detailed in the following pages and generally concern (in alphabetical order):
• Customer information
• Production information
• Quality assurance information
• Recommendations for factory improvement
• Summary chocolate information

Your report should not be simply be a list of tasks. Rather, it should read as a professional business report with an introduction, sections, summary, references and appendices, all in Word format.

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

This Management  Assignment has been solved by our Management  Experts at My Uni Paper. Our Assignment Writing Experts are efficient to provide a fresh solution to this question. We are serving more than 10000+ Students in Australia, UK & US by helping them to score HD in their academics. Our Experts are well trained to follow all marking rubrics & referencing style.
Be it a used or new solution, the quality of the work submitted by our assignment experts remains unhampered. You may continue to expect the same or even better quality with the used and new assignment solution files respectively. There’s one thing to be noticed that you could choose one between the two and acquire an HD either way. You could choose a new assignment solution file to get yourself an exclusive, plagiarism (with free Turnitin file), expert quality assignment or order an old solution file that was considered worthy of the highest distinction.