MAC - New discoveries by Francis Magellan

Francis Magellan was planning to travel around the world, and having only a few euros in his bank account, have decided to ask his father for some “help”. His father’s answer: “Do you have at least any idea of how much and for what do you need?” The truth is that Francis did not know. As a result his father used a familiar example to give him a small lesson about budgeting. And nothing better than using his favorite subject “The Ferdinand Magellan trip”: While planning the trip, Captain Magellan needed to present a budget to the Spanish king, however he was not sure how to prepare it first of all, and secondly how to have control of it. After some thought he believed that while in “open seas” it would be difficult to control how each caravel was performing, how many resources they were consuming. Above all he wanted to make the leaders feel more identified with the plan. Magellan also believed it would also enhance a better communication among the fleet! As a r...

Francis Magellan was at home in the comfort of his sofa, and looked at the earth globe next to him and remembered the story of his ancestor Ferdinand Magellan. He started pointing with his finger the path done by his forebear and started wondering what kind of decisions he had to take while travelling around the world. One particular part of the journey that always kept the attention to Francis was the stop in Porto San Julian (current Argentina). Due to a mutiny among the fleet he had to make his own decision making process: 1- Obtain information among the sailors, 2- Predict about the Future Cost (return back to Spain and risk to be killed by the king), 3 - choose an alternative (continue his trip and achieve glory),4-  going ahead with the decision that would mean fight back the future rebellion/mutiny. Captain Magellan knew that the unavoidable costs whatever the decision was (there was no food, and they would probably not survive until reaching Spain ...

500 years ago, Ferdinand’s Magellan expedition around the world was starting. Now, in 2020, is time for another Magellan, Francis, to make some discoveries in MAC. Francis went to Norteshopping, passed by Forno do Leitão do Zé and while waiting in the queue (about 15 min) with 20 pax ahead of him, he observed and start thinking if it would be feasible to implement a business like this one in another country. The sale price of the menu was listed as per below:  ·         Suckling Pig Sandwich: €8,20 He started looking and predicting the costs and how many menus they would have to sell to reach the Breakeven Point: Service / Cost per month Fixed Cost Variable Cost Direct Cost Indirect Cost Rent (€5000) ● ● 3 workers’ wages per turn (2 turns per day) (€63000) ● ● Director wages (€2000) ● ● Crips Package (€...