Individual Case 21: Freemark Abbey Winery Executive Summary: The case is based on William Jaeger a partner in the Freemark Abbey winery. Due to recent weather forecast showing the possibility of a storm formation in the Nape Valley. There needs to be a decision made to either wait the storm out to see if the storm would help produce Botrytis mold‚ which allows for a wine with 11% alcohol and 13 % sugar. For this the winery is able to produce a complex wine
Premium Wine
As a storm approaches‚ Mr. Jaeger must evaluate the risk of harvesting his Riesling grapes immediately or holding off and taking the chance the grapes become thin or produce no mold and sell at a lower price. Mr. Jaeger must evaluate the risk and the expected revenues related to his different options. The recommendation is that Mr. Jaeger should not harvest the Riesling grapes right now but wait for a better profit given by the possibility of an upcoming rainstorm that may prove to produce a botrytis
Premium Wine Probability theory Tropical cyclone
In 1850 a “vinedresser” from Germany‚ Andrew Reisinger‚ planted the first vineyard and introduces pruning & training. In the year 1860 Hammondsport & Pleasant Valley Wine Company‚ first bonded winery was created. This later changed to the Great Western Winery. Five years later in 1865 the second winery for the Finger Lakes was started‚ Urbana Wine Co.‚ but history was created because Hammondsport & Pleasant Valley Wine Co. bottled the first sparkling wines from the area‚ Great Western Champagne
Premium Viticulture Grape Wine
Robert Mondavi Winery has always been to produce wines that stand in the company of the greatest wines of the world. Highest price: Robert Mondavi Reserve Cabernet Sauvignon 2007 $109 Lowest price: Robert Mondavi Napa Valley Chardonnay 2007 $19.49 Franciscan Estate‚ It is the signature wines of Napa Valley in CA. Franciscan is one of Napa Valley`s most venerable wineries‚ with a rich history more than 35 years. In its website‚ signature wines‚ limited release and winery only are
Premium Wine Cabernet Sauvignon Chardonnay
1. Outsourcing Outsourcing (contracting work out) occurs when a producer acquires goods or services from an external supplier rather than producing them internally. The main reason we decided to use a third party in the production of Yellowtail products is because Australia is expected to experience drought in the forthcoming years which would greatly challenge the production of wine in the country‚ as well as because petroleum costs are expected to further rise which would negatively impact
Premium Management Outsourcing Economics
Although winemaking dates back to 1840’s‚ in Oregon‚ commercial production began in 1960’s (Hall). Having a relatively short history of 50 years‚ today‚ Oregon is the third largest wine producer state of United States. As of 2009‚ the state hosts to 453 wineries which are mostly small and family-owned (Wine Communications Group). History of the Oregon Wine Industry The first grape plantation in the region was made by horticulturist Henderson Luelling‚ in Willamette Valley by 1847. By the 1850’s Peter
Premium Cabernet Sauvignon Wine Chardonnay
wine glasses and bottles of Arizona Stronghold "Tazi" accent the space near the front of Nanke Showroom & Gallery. THE WINE Arizona Stronghold’s "Tazi" is a citrusy‚ floral‚ full-bodied white wine‚ calling to mind traits of sauvignon blanc and riesling. Perfect for drinking on a hot summer day‚ Jared suggests pairing "Tazi" with a salad or soft‚ French cheese. Tip: Don’t chill too much. This wine is best served a little warmer than most whites. Blend: 52% Sauvignon
Premium Wine Chardonnay Cabernet Sauvignon
Company Background and Capabilities For more than one hundred fifty years‚ Penfolds is one of the oldest and the most famous wineries in Australia’s. It is currently part of Treasury Wine Estates. Their tradition of excellence goes back to their first winery founded in Adelaide‚ South Australia by Christopher and Mary Penfold in 1844. By 1870‚ Penfolds winery produced a variety of wines for general consumption not only for medical benefits of wines. Penfolds provides many types of wines
Premium Wine Chardonnay Alcoholic beverage
the XYZ consulting company (you can create your own name). William Jaeger of Freemark Abbey Winery has hired your company to help him make a production decision. A storm is approaching the winery and Jaeger is not sure if he should wait for the storm or harvest the grapes immediately. Sometimes after a warm rain the grapes are attacked by botrytis mold. This mold helps to produce botrytised Riesling‚ which is highly valued by wine connoisseurs. Meeting with your TA Teaching assistants will
Premium Decision tree Decision theory
is geographically Australia’s largest wine region‚ and is home to award-winning wines and winemakers. The region spans Albany‚ Denmark‚ Porongurups‚ Mount Market and Frankland River‚ with wineries nestled between stunning views and landscapes. The Great Southern wine region is known for the cold climate Rieslings‚ Pinot Noir and Shiraz. Albany is home to the Great Southern Distilling Company’s flagship distillery and cellar door‚ producers
Premium Beer Marketing Wine