Question

In: Economics

for chipotle Reflect on the "cost" in packaging waste of one week's meal. As part of...

for chipotle Reflect on the "cost" in packaging waste of one week's meal. As part of your reflection ask some questions which weigh the costs versus the benefits of the packaging waste.

The goals of doing this assignment early in the semester is to give us something to think about as the semester progresses.

Solutions

Expert Solution

In this case it is a clear method of Costing package in waste of 1 weeks mean and the benefits of the packaging waste.

Package waste is not a good thing because it was the cost and ultimately the cost will fall on the customer and in the long run it will decreases the customer footfall and reduces the overall revenue of the firm.

Cost of packaging must be this so that it enhances the quality and the quantity of the product which ultimately provide the satisfaction to the customer.

Packaging waste can increase the improper utilisation of the resources and resources are in scarce quantity so it is very important to reduce the packaging waste the benefit of reducing the packaging waste means announcement of quality and quantity and then and cement of the available to you meal at an appropriate rate which is useful for the customer so finally it is a very clear situation that the cost is the major factor which will reflect the impact on the price of the goods and price is very important factor to raise the demand and to capture the market share so it is important to manage all the things in an organised way so that it is a purposeful activity to raise the overall revenue of the firm.


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