Friday, November 14, 2008

Number crunching, time wasting and other random Starbuck moments

I frequent Starbucks. In fact, if you logged into my Mint account you would see that they are my most frequented vendor. If you really wanted to waste more time you would graph my Starbucks consumption with others nationally (which Mint allows you to do). You would then have a heart attack especially if you were responsible for my budget.

So I was standing in line at Starbucks yesterday ordering my newest concoction; 3 shots on ice with a pump of mocha in a grande cup. Yes, I order it just like that. That is, of course, if the person making it doesn't recognize me and begin making it.

My drink is being made and 90% of the time the partner making my drink will ask if I would like the 4th shot free! As if I needed a 4th shot, I oblige and gracefully accept their generous offer. But this time some number crunching gene in my brain began asking the question, "I wonder how much money that Starbucks is leaving on the table by having a machine that mandates pulling 2 shots every time 1 is ordered?"

As if that alone was not enough time wasted I put it on a spreadsheet;

560 avg cups per store per day
$3.25 avg cost per order
$1820 avg income per store
15000 # stores
$9.964 avg annual income (this was a ballpark - wikipedia, which I looked at after and probably would have been quicker, said 2007 revenues were $9.4 billion)

If 5% of customers, or 26 of those 560 cups per store, are given the extra shot at .40 per shot that is $2,016,000 annually left on the table. I don't know how solid that is but it was an interesting exercise.

I guess a more productive and prudent use of my time would have been to take the amount of money I spend everyday, calculate the future value of that if I invest it rather than drink it and probably come up with an equally alarming figure.
























































































































Wednesday, November 12, 2008

Palin says she'd be honored...

Palin says she'd be honored to help Obama - CNN.com: "Gov. Sarah Palin said Wednesday that she would be honored to help President-elect Barack Obama in his new administration, even if he did hang around with an 'unrepentant domestic terrorist.'"

Classic - that would actually generate a good amount of healthy debate in the work environment...

Point taken, however, that we deal with unrepentant terrorists; whether Democrat or Republican. What would that Saturday Night Live do a skit look like?

Sunday, November 9, 2008

To 50 Restaurants in the World

I was talking with a friend the other day going to a very chi-chi restaurant in Japan and it got me thinking about nice eats. So here is this years list; Top 50 Restaurants.

No surprise that 3 are in California...