Cost Benefit Analysis: Conduct a feasibility study on a new product, program or service that the School Nutrition Department wants to offer Custom Essay
Write a report (max 2-3 pages long) that includes:A description of and justification for the proposed new product, program, or service.
Projected costs for all aspects of the proposal (labor, supplies, any food, overhead if applicable).
If replacing an existing product, include the itemized costs of that existing product.
Projected savings or benefits that will result from the new product, program or service.
Compare the value to any existing products, programs, or services.
Keep in mind that benefits may be financial or nutritional or procedural.
Summarize the comparison between costs vs. benefits of the proposed product, program or service and the report MUST include the recommendation of whether or not you would suggest proceeding with purchasing or implementing the proposed product, program or service at the school district. Make sure you state WHY is this your recommendation.
An example might be replacing the 3 whole chicken pieces baked with the skin vs. chicken strips (chicken breast). Replacing this item can be benificial for the children as it has been noticed that some of the students are eating the skin without the chicken. Although replacing the whole chicken pieces with the chicken breast/strips, the platewaste might be reduced. However, scientific references should proof the benifits of replacing this food item with the recommended one!REMEMBER, this is a COST BENIFIT ANALYSIS. Meaning that the report should include benifit of the replacement and cost saving; and whether we recommend relpacement of the food item or keeping it as it is. The benefit can be financial or nutritional; and state why this is your recocommendation and justify it with research.
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