Coffee Shop

In this tutorial we will step you through the Akumen workflow by modelling a basic coffee shop.

John would like to invest $10,000 and open his own coffee shop. John’s good friend Jack will contribute his coffee machine to the start-up. However, Jack does not like risks and therefore wants to be employed by John rather than partnering. They have already found the location, but they believe they need 10 weeks to set it up as a café. John is wondering when he will make a return on his investment and Jack wants to know what the price for a cup of coffee should be.

First, we will create a driver model to calculate the business’ cash reserve and when John will break even, then we will explore scenarios around the best price for a cup of coffee (their only product).

With this is a simple example we will show you how to use Akumen and its capability to explore situational scenarios based on “What-if…?” questions.