Chapters 1-5

A PROJECT FEASIBILITY STUDY OF RAMEN NOODLES
MANUFACTURING IN LUCENA CITY
A Feasibility Study Presented to
The Faculty of the College of Business Administration
Sacred Heart College, Lucena City
In Partial Fulfillment of the Requirements for the Degree of
Bachelor of Science in Business Administration
Major in Finance Management
Lady Louise C. Constantino
Mae Fern Jane R. Gonzales
Deanne Lorraine V. Guinto
Laica R. Marquez
June 2023
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APPROVAL SHEET
The project entitled “A PROJECT FEASIBILITY STUDY OF RAMEN NOODLES

MANUFACTURING IN LUCENA CITY” prepared and submitted by
RESEACHERS is partial fulfillment of the requirements for the degree. BACHELOR
OF SCIENCE IN BUSINESS ADMINISTRATION major in FINANCIAL
MANAGEMENT has been presented and passed the panel examination.
MARILYN D. IGLESIAS,MBA
Adviser/Editor
_______________________________________________________________________
ORAL EXAMINATION COMMITTEE
Approved by the panel examination committee with quantitative grade of _______%
ANNA LIZA B. MENDIOLA, MBA

Chairperson
MARILYN D. IGLESIAS, MBA

Member
JOSEPH GLORIOSO, CPA

Member

Approved and passed in partial fulfillment of the requirements for the degree of
Bachelor of Science in Business Administration major in Financial Management
ELEONOR J. MARQUEZ, MIT

Dean, College of Business Administration
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TABLE OF CONTENTS
Title Page …………………………………………………………………………….…i

Approval Sheet …………………………………………………………………………ii
Table of Contents ………………………………………………………………...…...iii-iv
List of Tables ……………………………………………………………………….....v-vi
List of Figures ………………………………………………………………………….vii
CHAPTER I – THE PROJECT AND ITS BACKGROUND

Introduction ………………………………………………………………………1
CHAPTER II – BUSINESS PROFILE

Business Name ………………………………………………………………….
Business Logo …………………………………………………………………..
Business Tagline………………………………………………………………...
Business Location……………………………………………………………….
Product Name & Product
Description………………………………………………………………………
Business Structure……………………………………………….………………
Vision Statement ………………………………………………….……. ……...
Mission Statement …………………………………………….….……………..
Goals & Objectives …………………………………………………...... ………
Core Values………………………………………………………………………
Competitive Position…………………………………………………………….
CHAPTER III – MARKETING ASPECT

Marketing Objectives……………………………………………………………
Methodology…………………………………………………………………….
Target Market……………………………………………………………………
Demand Analysis………………………………………………………………...
Supply Analysis………………………………………………………………….
S.W.O.T Matrix ………………………………………………………………...
Marketing Mix…………………………………………………………………..
Competitors Analysis ………………………………………………………..….
CHAPTER IV – MANAGEMENT ASPECT

Management Objectives
Gantt chart ……………………………………………………………………….
Form of Business Ownership ………………………………………………….. ..
Business Operating Hours ……………………………………………………... ..
Organizational Structure ………………………………………………………..
Job Description & Qualification………………………………………………….
Compensation and Benefits …………………………………….……………….
Company Policies and Procedures………………………………………………
Legal Requirements……………………………………………………………...
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CHAPTER V – TECHNICAL ASPECT
Technical Objectives…………………………………………………………..
Project Layout…………………………………………………………………
Business Processes…………………………………………………………….
Production Process…………………………………………………………….
Sales Process…………………………………………………………………...
Utilities…………………………………………………………………………
Equipment and Supplies………………………………………………………..
Company Uniform………………………………………………………………
Waste Disposal Method…………………………………………………………
APPENDICES
Letter to Customer
Respondents…………………………………………………………………….
Letter to Business
Owners………………………………………………………………………….
Questionnaire to
Customers……………………………………………………………………….
Questionnaire to Business
Owners…………………………………………………………………………..
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LIST OF FIGURES
Figure 2.1. Business Logo
Figure 2.2. Store Location
Figure 2.3. Manufacturing Site and Head Office
Figure 2.4. Map
Figure 3.1. SWOT Analysis
Figure 3.2. Packaging
Figure 3.3. VRRC Noodles Manufacturing Corp. Distribution Channel
Figure 3.4. Tarpaulin
Figure 3.5. Flyers
Figure 3.6. Social Media Advertisement
Figure 3.7. Free Taste Stall
Figure 3.8. Freebies
Figure 4.1. Organizational Chart of VRRC Noodles Manufacturing Corp.
Figure 4.2. Hiring and Recruitment Process
Figure 4.3. Sanitation Process
Figure 4.4. Business Application Process with Legal Requirements
Figure 4.5. SEC Business Name Registration
Figure 5.1. Floor Plan of VRRC Manufacturing Site and Head Office
Figure 5.2. Floor Plan of VRRC Store Location
Figure 5.3. Exterior Layout of VRRC Store Location
Figure 5.4. Interior Layout of VRRC Store Location
Figure 5.5. Exterior Layout of VRRC Manufacturing Site and Head Office
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Figure 5.6. Interior Layout of VRRC Manufacturing Site and Head Office
Figure 5.7. Procurement Process Flow Chart of VRRC Manufacturing Site
Figure 5.8. Production Process Flow Chart of VRRC Manufacturing Site
Figure 5.9. Sales Process Flow Chart of VRRC Physical Store
Figure 5.10. Sales Process Flow Chart of VRRC Physical Store Via Call
Figure 5.11. Sales Process Flow Chart of VRRC - Foodpanda
Figure 5.12. Manufacturing Site Uniform
Figure 5.13. Store and Head Office Uniform
Figure 5.14. Other Staff Uniform
Figure 5.15. Waste Disposal
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LIST OF TABLES
Table 2 Product Offering
Table 3.1 Product Description
Table 3.2 Packaging Cost
Table 3.3 Cost-Plus Pricing
Table 3.4 Cost of Advertisement Strategies
Table 4.1 Timeline of VRRC Activities
Table 4.2 Manufacturing Site Business Hours
Table 4.3 Head Office and Store Location Business Hours
Table 4.4 Salaries of Employees
Table 4.5 Labor Cost: Employee (Monthly)
Table 4.6 Labor Cost: Employee (Yearly)
Table 4.7 Labor Cost: Employer (Monthly)
Table 4.8 Labor Cost: Employer (Yearly)
Table 5.1 Cost Per Unit
Table 5.2 Electricity Consumption Projection
Table 5.3 Conversion of Water from Gallons to Cubic Meters
Table 5.4 Annual Cost of Water Consumption
Table 5.5 Water Consumption Projection
Table 5.6 Computation of 5-year Projection of Telephone and Internet Connection
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CHAPTER I
THE PROJECT AND ITS BACKGROUND
Introduction
Freshly produced products are still in demand in the market. Entrepreneurs are the
important individuals who gives answers to these consumers’ need. Usually, they form a
business if they believe that they can provide solutions and be profitable and successful in
the field. A feasibility study is a meticulous analysis of a company and its operations to
forecast the outcomes of a specific future sequence of activities. Conducting this study
can be effective for a start-up corporation especially in making an impactful decision.
First-time business owners are recommended to conduct a feasibility study to uncover the
strengths, weaknesses, opportunities, and threats and minimize them. This will reduce the
potential risks that the business will face in the years ahead. Most importantly,
entrepreneurs can avoid net loss in the long run.
The name of the business is VRRC Noodles Manufacturing in which it belongs to
the manufacturing type of business industry. As stated in Investopedia (2022), the term
manufacturing refers to the processing of raw materials or parts into finished goods
through the use of tools, human labor, machinery, and chemical processing.
Manufacturing allows businesses to sell finished products at a higher cost than the value
of the raw materials used. Large-scale manufacturing allows for goods to be mass-
produced using assembly line processes and advanced technologies as core assets.
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Efficient manufacturing techniques enable manufacturers to take advantage of economies
of scale, producing more units at a lower cost.
Some Filipinos only eat rice especially when money is not enough for viands to
go along with rice during meals. A cup or two of rice and a serving of protein such as fish
or meat which cost not beyond a hundred peso (PHP 100) can sustain the body longer
than any bread or salad which costs way more as supported by Patrick (2021). As they
say, rice is life. Nonetheless, people are still in a search of a food that can be a substitute
to rice which is low cost and can make a person full.
Noodles are known as a subsidy for rice especially for Asian community. As
supported by Hou and Niu (2020), noodles are one of the most important traditional
staple foods in Asia. Noodles are usually made from unleavened wheat dough and are
stretched, extruded, or rolled, and then cut into varying shapes in which noodles account
for approximately twenty to fifty percent (20-50%) of the total wheat consumed in Asia.
The popularity of noodles has also stretched to many nations outside of Asia.
Noodles are known to be originated in East Asian country, China which is
supported by Mehra (2018). She said noodles believed to have originated in China, as
‘Bing’, during the early rule of the Han Dynasty. Noodles were then diversified by
evolution and the experimentation of supplementary shapes and cooking methods.
There are many types of noodles according to Leanne Kitchen (2020). There are
different classifications such as wheat noodles, egg and alkalized noodles, buckwheat
flour noodles, rice noodles, starch-based noodles and other more noodles. To expound
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one, there is what we called “egg and alkalized noodles” wherein hokkien, ramen, you
mian, lo mian and yi mian are in this category.
As mentioned by Japan Guide (2021), typical ramen noodles are long and elastic,
but countless varieties exist that vary from thin and straight to thick and wavy. Instant
ramen is a favorite among students and even those who are working. As supported by
The Daily Californian (2020), it is a classic college student go-to when desiring some
relief through food and this can sometimes get boring when you only use the flavored
powder packet. Ramen noodles is usually partnered up with various ingredients.
According to Merriam-Webster (2022), it is a quick-cooking egg noodles usually served
in a broth with bits of meat and vegetables. However, ramen noodle nowadays is not only
limited in a broth, it can be revolutionized according to one’s desire and taste.
Pandemic happens and restrictions in different areas are still mandated. Fernandes
(2020) stated that many would agree that instant noodles are a lockdown favorite in every
kitchen. She added that it is yummy and comforting. During the lockdown, people on
various social media as supported by Honey Kitchen (2021), makes diverse ramen
recipes one can make at home. The possibility is endless as long as it will satisfy one’s
needs or wants.
The project proponents build a corporation in order to provide a freshly made
ramen noodles, mainly in the City of Lucena. One of the many reasons of why the
proponents establish this kind of business is to solve the problem of people who wants to
have a substitute for rice especially people who are busy in this new normal. The
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proponents would like to provide a good alternative that is flexible and can fuel a
person’s stomach like a rice would be. It will not contain harmful preservatives unlike
most things that are advertised today.
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CHAPTER II
BUSINESS PROFILE
Business Name
The proposed business name is VRRC Noodles Manufacturing Corporation
wherein VRRC stands for the project proponents’ middle initials in honor of their
mothers. In the project proponents’ respective household, their mothers are usually the
ones who buy the groceries and cook for the family. Like mothers, VRRC is a
corporation that will be there as a part of every family specifically as part of their meals.
Added to this, mothers are present in all generations. VRRC also sought to be part of
every generation whom is not only for mothers but also for anyone who needs an easy to
cook food. The proponents wanted to share the experience of ease and enjoyment through
this project.
Business Logo
Figure 2.1. Business Logo
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The proponents design a business logo that is simple yet classic for all
generations. Since one of the proponents’ techniques in memorizing school lessons are by
using acronyms, they decided to implement it in their business as they wanted to leave a
mark in every person. The logo presents a bold font to accentuate the acronym while use
a thin font for the kind of industry and organization they are in for easier distinguishment
between the name and its industry. The proponents wanted to make sure that the all-
product details including the logo is straightforward and unconfusing at first glance to
satisfy all generations.
The color of choice in the used font is dark gray for an additional gentle polish
look. The right triangle displays the color yellow to embody the color of noodles and
happiness in every ease and eating. On the other hand, the white background embodies
the cleanliness of the noodles manufacturing location. Having together the yellow and
white background, the font color naturally pops up with its overall good contrasting ratio.
Similar to mothers, the proponents care for people who are not into bright colors but still
wanted to see clearly the details while still appreciating the total design. That is why the
proponents use a color palette that is light yet well-defined.
The right triangle in the background represents that the product will be a right or
good choice when it comes to buying a noodle. Having three lines intersected, the
proponents hope that their product, noodle, will cross paths with cooking experts,
ordinary and busy people or the people who cooks in their household and beginners in
cooking.
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The line that has two square endpoints represents a dumbbell. It is a reminder for
proponents to stay strong and competitive in the business field. It is also a reminder for
busy people and beginners who wants to try the proponents’ product to not worry since
the product can still give the energy they want instead of rice. The line is made to be long
for the proponents to see that the business field is a long battle and one must be ready for
any ups and downs.
The project proponents use a square logo to connote that the project is made
inside the proponents’ four-cornered room which also connotes that anything can
possibly come to life as long as time is invested.
Business Tagline
“The Fuel You Needed” is the VRRC’s business tagline. The proponents are also
consumers who wanted to solve the problem of what kind of meal to cook instead of rice
especially for busy people. That being the case, the VRRC will create products that are
fast and flexible when it comes to cooking and gives one a fuel after eating. Surely time
might pass but the demand for noodles is still in. As a result, the proponents decided to
have uncooked ramen noodles as their product. Added to this, the product is convenient
to purchase and is freshly made. However, change is constant and inevitable. The project
proponents pledge to adapt in the ongoing and future demands and conditions to support
the tagline of “The Fuel You Needed”.
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Business Location
Figure 2.2. Store Location
The proposed store location is along Merchan Street, Lucena City. It is in front of
Boardwalk and it is also near the Public Market. The proponents chose this location for
its convenience since it can be reached by public transportation and for its market since it
is near the main Public Market. The proponents will rent the ground floor and it is
approximately PHP 15, 000 per month with approximately twenty-one (21) square meters
(6m x 3.5m).
Figure 2.3. Manufacturing Site and Head Office

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The proposed noodles manufacturing site and head office is located along Pan-
Philippine Highway, Lucena City. It is near Total Gas Station and ACES Building. The
proponents chose this location for its accessibility to suppliers since it is near from the
transportation going in and out of Lucena City. The location is also good for labor and
sourcing of equipment and other needs of the site from in and outside Lucena City and
from other cities in Quezon or even Luzon. The land will be bought for construction and
is approximately five hundred (500) square meters excluding the distance from the road
and distance of the floor area from the sides and rear. The land will approximately costs
five digits per square meters and the construction will approximately cost more than a
million.
Figure 2.4. Map

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Product Name and Description
VRRC Noodles Manufacturing Corporation proudly introduce their product
name, VV Ramen Noodles. The name VV stands for vigor and versatile. According to
Oxford Learner's Dictionary (2022), vigor denotes energy while versatile denotes having
able to do many different things. In relation, the proponents wanted to put their vigor in
their product and be able to pass the vigor to the people who will buy the product through
consumption. Added to this, the proponents would love the consumers to feel the
versatility or flexibility of the product since the consumers can experiment or use the
noodles the way they want it.
Table 2
Product Offering
Product Description
VV Ramen Noodles is a versatile product that
can give you the vigor and the fuel you
needed. You only need to boil water that is
enough to cover the noodles. Pour the noodles
into the boiling water. Occasionally stir for
even cooking. Wait 3-5 mins. or until you get
your desired texture of noodles. You can
drain it and mix it with your chosen add-ons
and you can also add it to your soup base.
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Business Structure
VRRC Noodles Manufacturing is a type of corporation. The proponents established a
corporation to look for investors that will support their business’ success. The profits they
will earn will be used for the improvement of their products and their organization as
well as for giving back to the society.
The CEO will receive the highest numbers of shares among employees while the rest
of the members’ shares will be divided based on their contributions to the company. The
liabilities of the company will be separated from their personal accounts and the
dividends will be distributed according to the shares they own.
Vision Statement
To be the number 1 manufacturer of freshly-made ramen noodles in the
Philippines.
Mission Statement
VRRC Noodles Manufacturing Corporation aims to be a renowned noodle used
by most Filipino noodles-based dish. The proponents are dedicated to provide a freshly
made noodles for every Filipino home and generation. Their purpose is to deliver ramen
noodles that will make every Filipinos life easy and effortless. They will acquire their
raw materials from local stores and maximize the use of available resources in Quezon
Province through coordinating with local suppliers.
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Goals and Objectives
 To obtain customer satisfaction by receiving positive feedback and additional
orders in span of one (1) month after launch
 To be sustainable and profitable business in twelve (12) months after launch
 To gain profit and give back to the society in twelve (12) months after launch
 To be a known brand of freshly made ramen noodles in three (3) years
 To be the top provider of freshly made ramen noodles in the Philippines in five
(5) years
 To export the proponents’ product in different parts of the world in ten (10) years
Core Values
Effective Communication and Long-term Relationship
Healthy work environment and relationship among workers in the company
especially in operations can improve the company’s production. Employees will feel at
ease when working and it can boost their work efficiency.
Commitment to Operation Process
Employees devoted their time and expertise in producing products that are above
the standards and will meet the customers’ demands.
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Dedication to Performance Enhancement
Monitoring the current skills of employees and offering trainings that could help
them improve their knowledge and performance is vital to company’s operation and
success.
Product Innovation
Steady release of new ideas from the greatest minds in the company to
consistently exceed customers’ expectations.
Practice of Corporate Social Responsibility
Promoting activities that are designed to answer the various issues of the society
for a better society and well-being.
Competitive Position
VRRC Noodles Manufacturing Corporation is different from other companies for
VRRC is sensitive with issues of the society. As a corporation, the proponents aim to
address and response to these issues by increasing the choices of consumers, minimizing
unemployment and help the society as a whole. The corporation, after twelve months of
good operations and profit, plans to give a part of their earnings to assist people in need
and the environment. VRRC Noodles Manufacturing Corporation will continuously
innovate and will only give products that will help ease concerns of consumers.
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The unique selling points of VV Ramen Noodles is its catchy name, on-the-go
packaging, great content, accessibility and affordability. The name, VV is easy to
remember since it involves two letters with one letter repeating. It is made with the high-
quality raw materials sourced from the province of Quezon. Ramen noodles is known to
fuel and comfort people from all around the world especially in the lockdown as
supported by Fernandes (2020) living up to the business tagline “The Fuel You Needed”.
Experimenting and adding ingredients may also make it better for your health as
supported by Healthline (2022). Added to these, it is sold in an easy-to-find location in
Lucena City and can be delivered right at the customer’s doorstep via call and Foodpanda
app.
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CHAPTER III
MARKETING ASPECT
In this chapter, the proponents will give further details about the marketing
objectives, target market, demand and supply analysis, demand analysis, methodology,
market analysis, supply analysis, projected sales, S.W.O.T. matrix, marketing mix
strategies, and competitors analysis of the business.
Marketing Objectives
1. To gain one hundred (100) loyal customers each month.
2. To reach 10,000 visitors in Facebook through advertisement.
3. To receive 5,000 orders via call from the store location within a month.
4. To identify the strengths, weaknesses, opportunities, and threats for the further
development of the business.
5. To increase sales performance by 50% by the end of 2024.
Target Market
The target market are the residents of Lucena City who are working from home,
having an online class, and staying at home. The store is situated in Barangay 5, Lucena
City. It is a convenient place since it can be reached by public transportation and it is near
the main Public Market wherein the target market will have easy access on buying the
product.
The potential customers of the manufacturing business are students, employees,
walk-ins, parents, ages from 18-35 years old.

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Demand and Supply Analysis
Demand Analysis
As reported by Malaya Business Insight (2021), the instant noodle market in the
Philippines is estimated to hit $1.16 billion by 2025, a 6.8 percent compounded growth
from an estimated $832.2 million value in last year.
The figures are part of a study commissioned by Monde Nissin Corp. as part of
the prospectus for its initial public offering set to roll between May 24 and 28. It eyes to
be listed by June 7, 2021.
Based on the market study conducted by market research firm Euromonitor, the
instant noodles market in the Philippines grew a compounded 10.2 percent in the last five
years, 2016 to 2020, valued at $565.2 million in 2016. Per capita spending for instant
noodles is at $7.6 last year, “lower than other Asian countries like Indonesia ($11.1) and
Thailand ($9).
Figures from the World Instant Noodles Association meanwhile has put the
Philippines’ instant noodles demand at 4.47 billion servings as of last year, ranking the
country at 7th in its list. Monde Nissin is confident given the relatively low per capita
consumption of noodles in the Philippines compared to other Asian markets, there
remains a room for growth in the instant noodles market. Monde Nissin is a leading
manufacturer of instant noodles in the Philippines, through its brand Lucky Me.
The company is looking to raise about P55.89 billion by issuing to the public 3.6
billion shares covering the firm shares and another 540 million shares for the green shoe
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option, at an offer price of P13.50 apiece. The company said the proceeds will be used to
fund capital expenditures, and redemption of obligations.
Market research firm Nielsen said the company enjoys a 68 percent retail sales
market share in the Philippines as of 2020. It is also into biscuit and beverage
manufacturing in the Philippines.
In accordance with The Daily Californian (2020), students really do rely on this
classic college staple. Sometimes it’s nice to put a fun spin on it and do a “spicy ramen”
challenge. For those of you who have no time to waste, you know you can always trust
instant ramen to keep you full for at least a couple of lectures. Another great thing about
instant ramen is its versatility. Put on your chef’s hat and cook a li’l egg to elevate your
ramen to new heights. The endearing part of some instant ramen or noodles is the little
packet of dried veggies. The ones that come with a separate packet of sesame seeds never
fail to make you feel extra fancy.
As stated in the article Nutrition Research and Practice (2017), the preference for
instant noodles is particularly strong among college students, with time or financial
constraints. It has been reported that among adults of all age groups, younger adults aged
20-49 years, consume greater amounts of instant noodles (22.2 g/d) than those aged 50-
64 years.
Pursuant to Daily Californian (2022), although it began as a luxury food, instant
ramen has taken quite a turn since then. With the average packet costing a consumer only
13 cents, you could eat three square meals a day for an entire year for just $142.65. To
put that into perspective, an average American spends $6,372 a year on food — eating
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ramen would reduce that to about 3 percent of the average cost. Due to its affordability,
ramen is often called “gakusei ryori,” or “student food,” in Japan, and start-ups earning
just enough for the founders to survive are known to be “ramen profitable.”
Methodology
Supply Analysis
According to Instant Noodles Industry in Philippines: Analysis of Growth, Trends
and Forecast (2017-2022), Philippines is one of the most favorable Instant Noodles
markets in the world. Being an East-Asian nation, Philippines have absorbed the instant
noodles idea and created a big market for this fast food. Philippines has an emerging
instant noodles market with popular brands in the world. Nissin foods is the biggest
player in industry with a market share of more than 60% in 2014. Philippines is ranked
9th in terms of quantity of units/packets sold in 2014 with a world’s share of 2.7%.
High tourist inflow is a major factor for the growth of instant noodles in the
country. Instant Noodles market matured in Philippines over the years and is divided into
many players. Global demand of instant noodles reached 102.75 billion units in 2014
making Philippine’s contribution around 2.7% of world’s consumption.
Philippines is a disaster-prone country because of which most people tend to save
money for future and consume and store food which can be easily cooked during
calamity. Instant noodle is a marvelous option in times of troubles as it can be cooked
easily.
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Growing youth segment and increasing working population, rising incomes and
rising purchasing power, higher brand consciousness, changing consumer preference,
growing urbanization and increase in number of middle-class populations are the biggest
drivers in the growth of Instant Noodles industry of Philippines. Also, lack of time, fast
paced life and changing food preferences are also helping Instant Noodles sector to grow
in Philippines.
Instant Noodles Industry in Philippines unlike other developing countries is
matured in nature and is largely controlled by few Cooperatives and Independent Instant
Noodles companies. Street markets and supermarkets play an important role in the Instant
Noodles industry of Philippines as most of the population does their shopping here.
Philippines has decent arable area and moderate population with appropriate
climate and water for cultivation of wheat and other crops used in instant noodles. Local
market of Philippines is strong and possess an opportunity to export to other countries as
well.
Apart from Nissin, major brands which successfully gained a market share is
Lucky me. There are many brands available in Philippines and the market is still open for
any new entry with smart product. Recently Maggi has been banned in India and many
other countries, which have impacted Chinese market to an extent. Philippine market is
almost unaffected by this move, because of low presence of Maggi in Philippines market.
As stated in Market Research (2019), the Philippines Pasta & Noodles market
offers opportunities to the marketers owing to presence of a large base of young and
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working population leading a busy life in the country who prefer to consume food
products which takes less preparation time such as Pasta & Noodles
The Philippines Pasta & Noodles market is forecast to register growth at a CAGR
of 7.6% during 2014-2019. Dried & Instant Noodles will remain the largest category
while Dried Pasta is forecast to be the fastest growing category with a CAGR of 9.7%
during 2014-2019.
The Philippines Pasta & Noodles market is led by domestic players such as
Monde Nissin Corporation, RFM Corporation, and international players such as Nissin
Food Holdings Co. Ltd. And Del Monte Foods. Food price inflation is high in the
Philippines at 5.5% which resulted in the rising demand of value for money Pasta &
Noodle products in the country
Hypermarkets & Supermarkets distributed about 70.0% of the Pasta & Noodle
products in the Philippines during 2011-2014.
In line with the Daily News (2018), while China's rapidly advancing economy has
allowed a great variety in diet across the country, one particular treat remains the
undisputed king - instant noodles.
China consumed 42.5 billion packets of instant noodles last year, according to the
World Instant Noodle Corporation, a number which accounts for nearly 43 percent of the
total amount of the product that was devoured worldwide.
In simple layman's terms that mean more than 100 million packs of instant
noodles are eaten in China each day. The surprising fact, though, is that per capita
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consumption of instant noodles was claimed to be 32 packets a year in China, which
came in as less than South Korea (69 packets), Indonesia (63) and Japan (39.9).
Projected Sales
S.W.O.T. Matrix
Strengths Weaknesses
 Freshly-made noodles  Longevity of fresh noodles vs other
 Noodles does not contain harmful packed noodles
preservatives  Cost Reduction
 Only business that offers fresh  New face in the market
ramen noodles in the area.  Accessibility for other cities
 Easy to obtain raw materials  Substitute food
 Location of the store, head office
and manufacturing site
Opportunities Threats
 Growing market  Competition in the market
 Possibility of more noodle variation  Material and supply shortage
 Possibility of developing  Market trends
seasonings for noodles  Natural and man-made calamities
 Noodles as people’s favorite  Pandemic/Disease
 Expansion of the business
Figure 3.1. SWOT Analysis
The figure above presents a thorough view of the company’s fundamental
strengths and weaknesses, hypothetical opportunities and threats. The SWOT analysis
examines both internal and external factors that could hold the business back or could
serve as stepping-stone for the business’ success.
Strengths
The strengths of the company make them unique and provide advantage among
their competitors. The company’s strengths mentioned above are the quality of noodles.
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The noodles are produced and sold within the day to ensure the freshness of the noodles.
They are only the business that offers fresh ramen noodles in the area. The raw materials
are easy to obtain since all the suppliers are mostly from the Public Market. The noodles
do not contain harmful preservatives which will suit health-conscious customers. The
location of the store is accessible to customers since it is near the public transportation
and the public market. The head office and the manufacturing site are also within the City
and the delivery of the products will be quick and convenient.
Weaknesses
Weaknesses in the business cannot be avoided, however, they could be improved
through time and experience. One of the company’s weaknesses is the longevity of fresh
noodles against other packed noodles. The proponents’ noodles do not use preservatives
hence, the shelf life of the noodles will be cut short.
Being a new face in the market means less customers and brand awareness of
their product. This could lead to a few months of low income due to few customers and
the cost of production. Another weakness would be the company’s reputation in other
cities. Since they are a new company, they cannot access and gain customers from other
cities. Lastly, noodles are not the staple food and being a substitute for rice will be
challenging to promote to potential customers who love to eat rice every meal.
Opportunities
Every business has opportunities to grow and improve their business. Some of the
opportunities of ramen noodles is the possibility of more noodle variations and the
development of seasonings for noodles. This would attract more customers because of the
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options they will have in choosing what kind of ramen noodles they will eat. The
customers’ preference will be satisfied and the market will grow. Subsequently, noodles
could become people’s favorite food and it would result to the expansion of the business.
Threats
Not being able to control the external factors of the business will pose a great risk
but predicting them would make a huge change in facing uncontrollable challenges. The
business’ threats are the competition in the market, material and supply shortage, market
trends, natural and man-made calamities, and the pandemic/ disease. It is already known
that the business will have a hard time entering and competing in the market. They are
considered as “rookies” in the market and they are currently lack awareness when it
comes to market trends. Material and supply shortage are another threat for the business
and if faced, it could lead to loss of customers due to unsatisfied demand. Natural and
man-made calamities such as typhoon and earthquake are common occurrence in the
different location of the business. This could be a hindrance in their operations. Pandemic
or disease is the greatest challenge that the business would face. Amidst the new normal,
there are rules and regulations that the business needs to follow in order to operate their
business.
Marketing Mix
In this part, the proponents will present strategies that will help the business to be
known and more profitable. Like other departments, marketing needs funds in order to
operate. These funds will be used to promote and advertise the products and the business
itself. It might be costly at first but it will be beneficial in the long run. The details
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regarding the marketing strategies which are categorized as product, price, place and
promotion are listed below.
Product Strategy
VRRC Noodles Manufacturing Corporation offers products that are already tested
by the proponents before its release. The corporation will only offer products with good
quality accompanied with great service.
Product Description
The first product offering of VRRC Noodles Manufacturing Corporation is
freshly made from scratch.
Table 3.1
Product Description
Product Description Price
VV Ramen Noodles is
freshly made from scratch
with no harmful 300 grams for
preservatives. This product PHP 69
helps you fuel your body in
order to function according
to your needs.
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The table above presents the photo of the product, the description of the product
and its net weight and price. VRRC Noodles Manufacturing Corporation offers 300grams
of product for PHP 69. The brand name and trademark will be registered at IPO online.
Packaging Strategy
The packaging strategy is essential for the product to be delivered as physically
pleasing and physically compact. Eye-catching packaging will surely boost customers
and will help them remember the brand. The packaging information needs to be clear and
complete thus, the packaging label includes the name of the product, name of the
manufacturing, short description of the product, cooking instructions, ingredients and
warnings, net weight and the place where it is manufactured.
Figure 3.2. Packaging
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Table 3.2
Packaging Cost
Size Unit Cost Number of Annual Cost
Days
7 x 4 inches 150 pcs/day 7.83 312 PHP
Total PHP
The packaging has two layers. First is the cling wrap and second is the paper meal
box with packaging label sticker. The cling wrap is available at Miki Mart Lucena which
will cost PHP 0.83 per unit while the paper meal box will be ordered through Lazada
which will cost PHP 3 per unit. The printed sticker will be printed by the head office
which will cost PHP 4 per unit.
Pricing Strategy
According to Lumen (2022), cost-based pricing is the easiest way to calculate
what a product should be priced at. The website also shares that it appears in two forms:
full cost pricing and direct-cost pricing. Full cost pricing takes into consideration both
variable, fixed costs and a % markup while direct-cost pricing is variable costs plus a %
markup. VRRC Noodles will use cost-plus pricing as it is easy to calculate and does not
need much information as supported by Lumen (2020). The steps in computing using the
cost-plus pricing are listed below:
Step 1: Identify the fixed and variable cost and add it to get the total cost
Step 2: Divide the total cost by the number of units to get the total unit cost.
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Step 3: Multiply the unit cost by the markup percentage to get the selling cost and
the profit margin of the product.
Table 3.3
Cost-Plus Pricing
Raw Materials Cost Per Unit
Fixed Cost:
Indirect Material Cost 7.83
Variable Cost:
Direct Material Cost 35.11
Total Cost Per Unit 42.94
Mark-up Ratio 60%
Unadjusted Selling Price 68.70
Adjusted Selling Price 69.00
Distribution Channel
The distribution channel will start from the manufacturing site going to the store
location and ending up at customer’s hands. The product will be delivered by the driver
and will be delivered using the white vehicle of the business.
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VRRC Manufacturing Site
VRRC Store Location
Customers
Figure 3.3. VRRC Noodles Manufacturing Corp. Distribution Channel
Promotional Strategies
In the business field, the company needs strategies to publicize their products and
their company itself. Identifying the target market and promotional strategies will help
the company to boost and attract customers. There are different campaigns that can be
used to promote the business. VRRC will use tarpaulins, flyers, social media, free taste
stall and freebies as tools for advertising.
Figure 3.4. Tarpaulin
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Figure 3.5. Flyers
Figure 3.6. Social Media Advertisement
Figure 3.7. Free Taste Stall

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Figure 3.8. Freebies
Table 3.4
Cost of Advertisement Strategies
Program Size Pieces Cost Annual Cost
Tarpaulin 3x2 ft 20 90 1,800
Flyers 200 4 800
Social Media
Advertisement
Free Taste 100 100 15,200
with stall
Freebies 100 70 7,000
Total PHP 24,800
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The table presents the advertisement strategies and its costs. It includes tarpaulin,
flyers, social media advertisement, free taste and freebies. The tarpaulin will be placed
near overcrowded places and establishments. The flyers will be given around Lucena
City by the employees of the business. The social media advertisement will be the
responsibility of the marketing department. The two free taste stalls will be far from the
store location while the freebies will be given in the store location. The total cost of
advertisement is PHP 24,800.
Competitors Analysis
There will always be competition in the world of business. There are different
types of market structure such as perfect competition, monopolistic competition,
oligopoly and monopoly as supported by Toppr (2022). Knowing what type of
competition, the business is in and who are the competitors is important for the business
to survive in the field.
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CHAPTER 4
MANAGEMENT ASPECT
In this chapter, the proponents will deal with the organization, wherein they will
identify management objectives, create a Gantt chart or the timeline of activities,
enumerate reasons for establishing a corporation, schedule business operating hours,
divide work functions through organizational chart, construct job description and
qualification, calculate compensation and benefits, structure company policies and
procedures and specify legal requirements.
Management Objectives
 To offer the good compensation and benefits to employees
 To prepare commodious work environment to all employees
 To launch a plan to hire new recruits from universities and job fairs
 To unlock the employees’ full potential and train newly hired employees
 To recognize the employees’ performance and achievements within the company
Gantt Chart
Table 4.1
Timeline of VRRC Activities
Activities 2 J F M A M J J A S O N D J F M A M J
0 A E A P A U U U E C O E A E A P A U
2 N B R R Y N L G P T V C N B R R Y N
2 2 2
3 4
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Feasibility Study
Finding Investors
Planning
Business Application
Construction of Plant
Site, Store Location
and Head Office
Acquisition of
Machines,
Equipment, and
Furniture
Hiring and Training
of Employees
Purchasing of
Materials and
Supplies
Start of Production
and Operations
Promotion and
Launching
The Gantt chart shows the two years and a half timeline of VRRC activities. The
feasibility study is expected to be completed within one (1) year and three (3) months
from January 2022 to March 2023. The finding of investors will also start at January
2022 and will continuously continue since VRRC as a corporation is open to investments.
The planning, on the other hand will start at February 2023 to have background
knowledge of the feasibility study first and will continuously continue as planning never
ends. The business application or the getting the permits and licenses will start at March
2023 after a month of planning and a month before construction. It will continuously
continue since there will be renewals and new hirings. The construction of plant site,
store location and head office will start at April 2023 in order for the proponents to have
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investments first and to start before the rainy season. It will end at January of the
following year, approximately after ten (10) months of construction since there can be
delays such as typhoons or lack of investment. The acquisition phase will start at
September 2023 and end at February of the following year, a month after the construction
phase. Hiring and training of employees will start as early as February 2023 for planning
and business application purposes. It will continuously continue for the company to have
quality operations and products and customer satisfaction. Purchasing of materials and
supplies and start of production and operations will start at February 2024, a month after
the construction and will continuously continue based on the demand. Lastly, the
promotion and launching will start at April 2024, two months after the start of production
and operations and will continuously continue since marketing and launching of branches
and products will also keep on.
Form of Business Ownership
VRRC will regulate a corporation. The proponents choose to form a corporation
for the following reasons:
 The proponents have some knowledge regarding a corporation.
 The proponents can look for investors that will support the business’ structure and
production.
 The liabilities of the company are limited or separated from the proponents’
personal accounts and the dividends will be distributed according to the shares
they own.
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 The company will have enough capital to give compensation and benefits to their
employees.
 The corporation has unlimited life and proponents can transfer ownership.
 The corporation can address more societal issues and act accordingly.
Business Operating Hours
Manufacturing Site
The Noodles Manufacturing Site is open at exactly at 7:00 in the morning for the
staff to have enough time to clean the area, check the machines and equipment and for
overall preparation. The noodles manufacturing standard time or standard operating hours
will start at 8:00 in the morning and it will close at exactly 5:00 in the afternoon. The
program is as shown below.
Table 4.2
Manufacturing Site Business Hours
Time Process Time Process
7:00-8:00 Cleaning of area, checking of 12:00-1:00 Lunch break
machines and equipment and
overall preparation
8:00-9:45 Noodles Manufacturing 1:00-3:00 Noodles
Manufacturing
9:45-10:00 Break time 3:00-3:15 Break time
10:00-12:00 Noodles Manufacturing 3:15-5:00 Noodles
xlii
Manufacturing
Head Office and Store Location
The head office and the physical store will be open from Monday-Saturday and
Sunday will be the rest day of the employees. The business hours will start at 7:00 in the
morning to check their supplies, orders, and delivery in the department. After finishing
the assigned tasks, the office will be open to the costumer for answering business calls at
exactly 9:45 in the morning until 4:30 in the afternoon. The business hours will end at
5:00 in the afternoon and the remaining thirty (30) minutes will be for rearranging the
supplies, cleaning the site, and for checking the inventory.
Table 4.3
Head Office and Store Location Business Hours
Time Process Time Process
7:00-8:00 Cleaning of the 12:00-1:00 Lunch Break
workplace
8:00-9:30 Checking for 1:00-3:00 Operations
supplies, orders, and
delivery locations
9:30- 9:45 Break time 3:00-3:15 Break time
9:45- 12:00 Operations 3:15-5:00 Operations
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All employees except Security in the Head Office and at the Store Location will
have an 8-hour shift from Monday to Saturday. The employees will clock in at 7:00 in the
morning and 5:00 in the afternoon. They will be given a one-hour lunch break and a 15-
minute break in the morning and afternoon.
Organizational Structure
The figure below illustrates the flow and function of organizational chart of
VRRC Noodles Manufacturing Corporation. It will give the reader insights on different
levels in the organization and relationships among each employee. The type of
organizational structure is functional. Functional organizational structure is used to
organize employees based on their expertise.
Legend:
Brown – Shareholders
Maroon- Top-Level Management
Shareholders Orange – Middle-Level Management
Yellow- Lower-Level Management
CEO
CFO COO CMO CHRO CINO
Production Marketing
Accountant HR staff
Manager staff
Finance Machine Customer

Janitor Driver Security
Assitant operator service staff
Worker
Figure 4.1. Organizational Chart of VRRC Noodles Manufacturing Corp.
xliv
The organizational structure shows green-colored, top most part as the
shareholders or investors which is followed by Chief Executive Officer (CEO) as the
second in command. The top-level management includes the Chief Executive Officer
(CEO), Chief Finance Officer (CFO), Chief Operation Officer (COO), Chief Marketing
Officer (CMO), Chief Human Resource Officer (CHRO) and Chief Innovation Officer
(CINO). Under Chief Finance Officer (CFO) is the accountant and under accountant is
Finance assistant. Under Chief Operation Officer (COO) is Production manager. Under
Production manager is machine operator and under machine operator is workers. Aside
from machine operator, under Production manager is janitor and driver. Under Chief
Marketing Officer (CMO) is Marketing staff and Customer service staff. Under Chief
Human Resource Officer (CHRO) is Human Resource staff and Security.
Job Description and Qualification
Top-Level Management
Job Title CEO
Job Type: Full-time
Location: Head office, Work from home
Immediate Head: Shareholders
Working Hours/day: 8 hours, M - F
Number of days in a week: 5 Days
Job Description
 Responsible for making decisions for the company and the common good
xlv
 Responsible for overseeing and compiling reports of CFO, COO, CMO, CHRO
and CINO
 Responsible for overall planning, management and implementing
 Responsible for budgeting, auditing and taxation
 Responsible for analyzing and evaluating reports
 Responsible for reporting weekly to Shareholders
Job Qualification
 Male or Female
 23 years old and above
 Has six (months) work experience
 Graduate of bachelor in BS Administration or BS Management
 Good in verbal and written communication, organization and leadership skills
 Ability to work independently and in teams
 High level of attention to details
 Can perform strategic planning and management function
Job Title CFO
Job Type: Full-time
Immediate Head: CEO, Shareholders
Job Description
 Responsible for overseeing and compiling reports and record of Accountant and
Finance Assistant
 Responsible for Finance planning, management and implementing
 Responsible for ensuring all financial records and statements are in line with laws
and regulation
xlvi
 Responsible for analyzing and evaluating financial data
 Responsible for financial statements
 Responsible for reporting daily to CEO and weekly to Shareholders
Job Qualification
 Male or Female
 Has NCIII Bookkeeping certificate
 Graduate of BS Administration Major in Financial Management or BS
Accountancy
 Has working knowledge of using software related to finance and accounting
 Can perform strategic planning and accounting, finance-related function
Job Title COO
Job Type: Full-time
Location: Head office, Manufacturing site, Work

from home
Job Description
 Responsible for overseeing and compiling reports of Production manager and
Security manager
 Responsible for Operations planning, management and implementing
Job Qualification
 Male or Female
xlvii
 Graduate of BS Business Administration Major in Marketing Management
 Can perform strategic planning operations-related function
Job Title CMO
Job Type: Full-time
Job Description
 Responsible for overseeing and compiling reports of Marketing staff and
Customer Service staff
 Responsible for Marketing planning, management and implementing
Job Qualification
 Male or Female
 Can perform strategic planning marketing-related function
xlviii
Job Title CHRO
Job Type: Full-time
Job Description
 Responsible for overseeing and compiling reports of HR staff and Security
 Responsible for HR planning, management and implementing
Job Qualification
 Male or Female
 Graduate of BS Business Administration Major in Human Resource Management
 Can perform strategic planning HR-related function
Job Title CINO
Job Type: Full-time
xlix
Job Description
 Responsible for compiling reports of CFO, COO, CHRO, CMO
 Responsible for innovations planning, management and implementing
Job Qualification
 Male or Female
 Graduate of bachelor in BS Business Administration
 Good in verbal and written communication and organization skills
 Can perform strategic planning innovation-related function
Middle-Level Management
Job Title Production Manager
Job Type: Full-time
Location: Head office, Manufacturing site
Immediate Head: COO
l
Job Description
 Responsible for overseeing and compiling reports of Machine operator, Janitor
and Driver
 Responsible for overall supplies, equipment, machineries and product defects
 Responsible for reporting daily to COO
Job Qualification
 Male or Female
 Graduate of BS Business Administration Major in Operations Management
 Can perform strategic planning and operation-related function
Lower-Level Management
Job Title Accountant
Job Type: Full-time
Location: Head office, Manufacturing site, Work

from home
Immediate Head: CFO
Job Description
 Responsible for overseeing and compiling reports of finance assistant

 Responsible for ensuring all financial records and statements are in line with laws
and regulation
 Responsible for financial statements
li
 Responsible for reporting daily to CFO
Job Qualification
 Male or Female
 Graduate of BS Business Administration Major in Financial Management or BS
Accountancy
 Can perform strategic planning and accounting, finance-related function
Job Title Finance Assistant
Job Type: Full-time
Location: Head office, Store Location, Work

from home
Immediate Head: Accountant
Job Description
 Responsible for the finance record of daily operations of the head office, store
location and manufacturing site
 Responsible for bookkeeping
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 Responsible for reporting daily to Accountant
Job Qualification
 Male or Female
 Graduate of BS Business Administration Major in Financial Management
 Can perform strategic planning and finance-related function
Job Title Machine Operator
Job Type: Full-time
Location: Manufacturing site
Immediate Head: Production Manager
Job Description
 Responsible for operation and cleaning of manufacturing site
 Responsible for operating machineries and maintenance
 Responsible for overseeing and compiling reports of workers
 Responsible for reporting daily to Production Manager
Job Qualification
 Male or Female
 Senior Highschool Graduate
 Has TESDA certification or other certification related to operating and fixing
machines
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 Good in verbal and written communication skills
 Has working knowledge of machine operation
 Good in physical works such as lifting
 Can do basic math
Job Title Worker
Job Type: Full-time
Location: Manufacturing site
Immediate Head: Machine Operator
Job Description
 Responsible for operation and cleaning in the manufacturing site
 Responsible for checking and receiving raw materials, supplies and etc.
 Responsible for reporting daily to Machine Operator
Job Qualification
 Male or Female
 Junior Highschool Graduate
 Can do basic math
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Job Title Security
Job Type: Full-time
Immediate Head: CHRO
Working Hours/day: 8 hours, M - Sun
Job Description
 Responsible for the protection of manufacturing site by inspection
 Responsible for monitoring surveillance and patrolling
 Responsible for reporting daily to CHRO
Job Qualification
 Male
Job Title Driver
Job Type: Full-time
Location: Store Location, Manufacturing site
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Job Description
 Responsible for delivering finished products from manufacturing site to store
location and to customers
 Responsible for making the company vehicle clean
Job Qualification
 Male
 Has driver’s license
Job Title HR Staff
Job Type: Full-time
Location: Head office
Immediate Head: CHRO
Job Description
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 Responsible for building networks
 Responsible for hiring ang trainings of employees
 Responsible for employees’ well-being
 Responsible for being the middleman of communication between employees
 Responsible for reporting daily to CHRO
Job Qualification
 Male or Female
 Graduate of BS Business Administration Major in Human Resource Management
 Good organization skills and high level of attention to details
 Can perform strategic planning and human resource function
Job Title Marketing Staff
Job Type: Full-time
Location: Head office
Immediate Head: CMO
Job Description
 Responsible for social media marketing
 Responsible for offline advertising
 Responsible for reporting daily to CMO
Job Qualification
 Male or Female
lvii
 Good organization skills and high level of attention to details
 Can perform strategic planning and marketing function
Job Title Customer Service Staff
Job Type: Full-time
Location: Store Location
Immediate Head: CMO
Job Description
 Responsible for interacting with customers and receiving payments
 Responsible for processing orders online and offline
 Responsible for the cleanliness and disinfection of the Store location
Job Qualification
 Male or Female

 Can perform basic math
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Job Title Janitor
Job Type: Full-time
Job Description
 Responsible for the cleanliness of Head office and Manufacturing site
 Responsible for the disinfection of Head office and Manufacturing site
Job Qualification
 Male or Female

 Physically in good condition
Compensation and Benefits
Employee compensation and benefits is compulsory for any business. The
compensation in exchange of their hard work which should be enough to support his/her
needs. The table below shows the computation regarding compensation and benefits.
Table 4.4
Salaries of Employees
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Personnel Per Day Per Employee Quantity Per Day No. Day in a Month Gross Salary per Month No. of Months Gross Salary per Year
CEO 480.00 1 480.00 26 12,480.00 12 149,760.00
CFO 460.00 1 460.00 26 11,960.00 12 143,520.00
COO 460.00 1 460.00 26 11,960.00 12 143,520.00
CMO 460.00 1 460.00 26 11,960.00 12 143,520.00
CHRO 460.00 1 460.00 26 11,960.00 12 143,520.00
CINO 460.00 1 460.00 26 11,960.00 12 143,520.00
Accountant 440.00 1 440.00 26 11,440.00 12 137,280.00
Finance Assistant 420.00 1 420.00 26 10,920.00 12 131,040.00
Production Manager 440.00 1 440.00 26 11,440.00 12 137,280.00
Janitor 385.00 1 385.00 26 10,010.00 12 120,120.00
Machine Operator 400.00 2 800.00 26 20,800.00 12 249,600.00
Workers 385.00 5 1,925.00 26 50,050.00 12 600,600.00
Security 385.00 3 1,155.00 30 34,650.00 12 415,800.00
Driver 385.00 1 385.00 26 10,010.00 12 120,120.00
Marketing staff 420.00 1 420.00 26 10,920.00 12 131,040.00
Customer service staff 385.00 2 770.00 26 20,020.00 12 240,240.00
HR staff 420.00 1 420.00 26 10,920.00 12 131,040.00
Total 7,245.00 25 10,340.00 273,460.00 3,281,520.00
The compensation and benefits of the employees are constructed according to the
Region IV-A CALABARZON present regional daily minimum wage rates of non-
agriculture as of April 28, 2018 as supported by DOLE National Wages and Productivity
Commission (2019) wherein the minimum rate basis is 317.00 to 400.00 for the non-
agricultural. It is the CEO’s decision to give higher salaries to employees for their
knowledge and skills. VRRC Noodles Manufacturing Corporation operates the business
for 26 days in a month except for Security which is 30 days.
13th Month Pay in pursuant to Presidential Decree No. 851, is a mandatory benefit
given to employees which obliges employers to grant 13th month pay to all its rank-and-
file employees as supported by DOLE Bureau of Working Conditions (2022). It is
computed by dividing the annual gross income by twelve (12) or by using the monthly
gross income.
Table 4.5
Labor Cost: Employee (Monthly)
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Personnel Quantity Gross Salary Per Month PH SSS HDMF Monthly Labor Cost
CEO 1 12,480.00 561.60 561.60 249.60 11,107.20
CFO 1 11,960.00 538.20 538.20 239.20 10,644.40
COO 1 11,960.00 538.20 538.20 239.20 10,644.40
CMO 1 11,960.00 538.20 538.20 239.20 10,644.40
CHRO 1 11,960.00 538.20 538.20 239.20 10,644.40
CINO 1 11,960.00 538.20 538.20 239.20 10,644.40
Accountant 1 11,440.00 514.80 514.80 228.80 10,181.60
Finance Assistant 1 10,920.00 491.40 491.40 218.40 9,718.80
Production Manager 1 11,440.00 514.80 514.80 228.80 10,181.60
Janitor 1 10,010.00 450.45 450.45 200.20 8,908.90
Machine Operator 2 20,800.00 936.00 936.00 416.00 18,512.00
Workers 5 50,050.00 2,252.25 2,252.25 1,001.00 44,544.50
Security 3 34,650.00 1,559.25 1,559.25 693.00 30,838.50
Driver 1 10,010.00 450.45 450.45 200.20 8,908.90
Marketing staff 1 10,920.00 491.40 491.40 218.40 9,718.80
Customer service staff 2 20,020.00 900.90 900.90 400.40 17,817.80
HR staff 1 10,920.00 491.40 491.40 218.40 9,718.80
Total 25 273,460.00 12,305.70 12,305.70 5,469.20 243,379.40
2023 4.5% 4.5% 2%
The table above shows the gross salary per month subtracted to the following
contributions: PhilHealth, SSS and HDMF which results to Monthly Labor Cost of
Employee. The proponents used the percent contribution of year 2023 since it is the
probable year of execution.
Table 4.6
Labor Cost: Employee (Yearly)

Personnel Quantity Gross Salary Per Year PH SSS HDMF 13th Month Pay Yearly Labor Cost
CEO 1 149,760.00 6,739.20 6,739.20 2,995.20 12,480.00 145,766.40
CFO 1 143,520.00 6,458.40 6,458.40 2,870.40 11,960.00 139,692.80
COO 1 143,520.00 6,458.40 6,458.40 2,870.40 11,960.00 139,692.80
CMO 1 143,520.00 6,458.40 6,458.40 2,870.40 11,960.00 139,692.80
CHRO 1 143,520.00 6,458.40 6,458.40 2,870.40 11,960.00 139,692.80
CINO 1 143,520.00 6,458.40 6,458.40 2,870.40 11,960.00 139,692.80
Accountant 1 137,280.00 6,177.60 6,177.60 2,745.60 11,440.00 133,619.20
Finance Assistant 1 131,040.00 5,896.80 5,896.80 2,620.80 10,920.00 127,545.60
Production Manager 1 137,280.00 6,177.60 6,177.60 2,745.60 11,440.00 133,619.20
Janitor 1 120,120.00 5,405.40 5,405.40 2,402.40 10,010.00 116,916.80
Machine Operator 2 249,600.00 11,232.00 11,232.00 4,992.00 20,800.00 242,944.00
Workers 5 600,600.00 27,027.00 27,027.00 12,012.00 50,050.00 584,584.00
Security 3 415,800.00 18,711.00 18,711.00 8,316.00 34,650.00 404,712.00
Driver 1 120,120.00 5,405.40 5,405.40 2,402.40 10,010.00 116,916.80
Marketing staff 1 131,040.00 5,896.80 5,896.80 2,620.80 10,920.00 127,545.60
Customer service staff 2 240,240.00 10,810.80 10,810.80 4,804.80 20,020.00 233,833.60
HR staff 1 131,040.00 5,896.80 5,896.80 2,620.80 10,920.00 127,545.60
Total 25 3,281,520.00 147,668.40 147,668.40 65,630.40 273,460.00 3,194,012.80
2023 4.5% 4.5% 2%
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The table above shows the gross salary per year subtracted to the following
contributions: PhilHealth, SSS and HDMF plus the 13 th Month Pay which results to
Yearly Labor Cost of Employee. The proponents used the percent contribution of year
2023 since it is the probable year of execution.
Table 4.7
Labor Cost: Employer (Monthly)

Personnel Quantity Gross Salary Per Month PH SSS HDMF Monthly Labor Cost
CEO 1 12,480.00 561.60 1,185.60 249.60 10,483.20
CFO 1 11,960.00 538.20 1,136.20 239.20 10,046.40
COO 1 11,960.00 538.20 1,136.20 239.20 10,046.40
CMO 1 11,960.00 538.20 1,136.20 239.20 10,046.40
CHRO 1 11,960.00 538.20 1,136.20 239.20 10,046.40
CINO 1 11,960.00 538.20 1,136.20 239.20 10,046.40
Accountant 1 11,440.00 514.80 1,086.80 228.80 9,609.60
Finance Assistant 1 10,920.00 491.40 1,037.40 218.40 9,172.80
Production Manager 1 11,440.00 514.80 1,086.80 228.80 9,609.60
Janitor 1 10,010.00 450.45 950.95 200.20 8,408.40
Machine Operator 2 20,800.00 936.00 1,976.00 416.00 17,472.00
Workers 5 50,050.00 2,252.25 4,754.75 1,001.00 42,042.00
Security 3 34,650.00 1,559.25 3,291.75 693.00 29,106.00
Driver 1 10,010.00 450.45 950.95 200.20 8,408.40
Marketing staff 1 10,920.00 491.40 1,037.40 218.40 9,172.80
Customer service staff 2 20,020.00 900.90 1,901.90 400.40 16,816.80
HR staff 1 10,920.00 491.40 1,037.40 218.40 9,172.80
Total 25 273,460.00 12,305.70 25,978.70 5,469.20 229,706.40
2023 4.5% 9.5% 2%
The table shows the gross salary per month subtracted to the following
contributions: PhilHealth, SSS and HDMF which results to Monthly Labor Cost of
Employer. The proponents used the percent contribution of year 2023 since it is the
probable year of execution.
Table 4.8
Labor Cost: Employer (Yearly)
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Personnel Quantity Gross Salary Per Year PH SSS HDMF 13th Month Pay Yearly Labor Cost
CEO 1 149,760.00 6,739.20 14,227.20 2,995.20 12,480.00 138,278.40
CFO 1 143,520.00 6,458.40 13,634.40 2,870.40 11,960.00 132,516.80
COO 1 143,520.00 6,458.40 13,634.40 2,870.40 11,960.00 132,516.80
CMO 1 143,520.00 6,458.40 13,634.40 2,870.40 11,960.00 132,516.80
CHRO 1 143,520.00 6,458.40 13,634.40 2,870.40 11,960.00 132,516.80
CINO 1 143,520.00 6,458.40 13,634.40 2,870.40 11,960.00 132,516.80
Accountant 1 137,280.00 6,177.60 13,041.60 2,745.60 11,440.00 126,755.20
Finance Assistant 1 131,040.00 5,896.80 12,448.80 2,620.80 10,920.00 120,993.60
Production Manager 1 137,280.00 6,177.60 13,041.60 2,745.60 11,440.00 126,755.20
Janitor 1 120,120.00 5,405.40 11,411.40 2,402.40 10,010.00 110,910.80
Machine Operator 2 249,600.00 11,232.00 23,712.00 4,992.00 20,800.00 230,464.00
Workers 5 600,600.00 27,027.00 57,057.00 12,012.00 50,050.00 554,554.00
Security 3 415,800.00 18,711.00 39,501.00 8,316.00 34,650.00 383,922.00
Driver 1 120,120.00 5,405.40 11,411.40 2,402.40 10,010.00 110,910.80
Marketing staff 1 131,040.00 5,896.80 12,448.80 2,620.80 10,920.00 120,993.60
Customer service staff 2 240,240.00 10,810.80 22,822.80 4,804.80 20,020.00 221,821.60
HR staff 1 131,040.00 5,896.80 12,448.80 2,620.80 10,920.00 120,993.60
Total 25 3,281,520.00 147,668.40 311,744.40 65,630.40 273,460.00 3,029,936.80
2023 4.5% 9.5% 2%
The table above shows the gross salary per year subtracted to the following
contributions: PhilHealth, SSS and HDMF plus the 13 th Month Pay which results to
Yearly Labor Cost of Employer. The proponents used the percent contribution of year
2023 since it is the probable year of execution.
Company Policies and Procedures
Hiring and Recruitment Practices
Human Resource
Job Posting
Acceptance of Resume/Application
Employee Selection
Requirement Process
Orientation
Training
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Figure 4.2. Hiring and Recruitment Process
Step 1: Human Resource Planning
Human Resource Planning is when a company decides on the number of
employees they are planning to hire and the skills set they require of these employees.
The proponents are looking for twenty-one (21) employees that will work in the Head
Office, the store and the manufacturing site. The employees should be skilled in
communication, delegation, planning, organization, and great physical strength.
Step 2: Job Posting
Job Posting is the official advertisement of an open position in the company. It is
used to disperse information regarding qualifications, hours and pay for potential
applicants. The proponents used this job posting for convenient circulation of job opening
in public places such as Municipal Halls, parks, bus stop and the proponents also posted
in social media
Step 3: Acceptance of Resume/ Application
A resume is a formal document that a job applicant creates to enumerate their
qualifications for a certain position. The proponents used this method to select who
among the applicants are qualified for the position. The applicants who are qualified will
be interviewed and the proponents will do a background check for prospective employees
and the proponents will also check their references.
Step 4: Employee Selection
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The goal of the Employee Selection is to find the most suitable and qualified
applicant for the department or position in the company. The proponents will evaluate all
the information from the pool of applicants gathered in the recruitment process. After
assessing the applicants, the proponents will decide which applicant will be offered the
position.
Step 5: Requirement Process
Requirements are needed to be met before they start working in the company. The
proponents include requirements process to give the new hires time to process and
prepare requirements. The list of documents needed are as follows:
1. PhilHealth
2. SSS (Social Security System)
3. Tax Identification Number
4. Health Certificate
5. Barangay Clearance
6. Police Clearance
7. Medical Records
8. Cedula
Step 6: Orientation
Orientation is a part of the process of assimilation of new employees. The
orientation process teaches the employees how to navigate the company’s structure and
how the company operates. The proponents will include the mission, vision, objectives,
rules and regulations, salary and benefits in the company, and the training process.
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Step 7: Training
The proponents will conduct a one (1) month paid employee training in order for
them to be familiarized in their working area, job routine, and procedures aligned in their
job position.
Sanitation Practices
Washing of hands and/or alcohol sanitizing

and Guests Foot Bath
Customers Checking of Temperature
Employees,
Disinfection of whole workplace

Sweeping and mopping the floor
Workplace Cleaning of Equipment, Machineries, Tools and etc.
Figure 4.3. Sanitation Process
Step 1: Employees, Customers and Guests
Employee, customer and guest disinfection before entering the store location,
head office and manufacturing site is important to ensure healthy and safe interaction
between people. Added to this, it will help maintain the quality process and product
offered.
Step 2: Workplace
Workplace disinfection before and after the operation hours of the store location,
head office and manufacturing site is important to ensure healthy and safe environment
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for all people entering the area. Added to this, it will help maintain the quality process
and product offered.
Legal Requirements
Commission (SEC)
Business name registration and reservation in Securities and Exchange
Barangay Clearance acquisition
Business Permit from the Mayor's Office acquisition
BIR (Bureau of Internal Revenue) Registration
Employer and Employee Registration - SSS, PhilHealth, HDMF
Figure 4.4. Business Application Process with Legal Requirements
Security and Exchange Commission (SEC)
The first thing to do in the business application process as supported by Securities
and Exchange Commission (2022) is to have the business name reserved and registered
in the website of Securities and Exchange Commission (SEC). The proponents should
prepare, sign and notarize the Articles of Incorporation, By Laws, Treasurer’s Affidavit
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and Joint Affidavit of two (2) incorporators. The proponents will then submit the
notarized documents to SEC Office in Mandaluyong City. Lastly, pay the registration fee
and claim the SEC Certificate of Registration one (1) after the submission of all
documents required.
Figure 4.5. SEC Business Name Registration
Local Government Units (LGUs)
The second thing to do in the business application process after claiming the SEC
Certificate of Registration is to go to the barangay where the business is located and get a
Barangay Clearance Certificate by filling up the necessary requirements in the
application form as supported by Securities and Exchange Commission (2022). The
proponents will then submit the accomplished application form with the SEC Certificate
of Registration, two (2) valid IDs and Proof of Address. Lastly, pay the certificate fee and
wait one (1) day after the submission of all documents required to claim the business
permit
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The third thing to do in the business application process after claiming the
Barangay Clearance Certificate is to go to the municipality where the business is located
and get a Business Permit by filling up the necessary requirements in the application form
as supported by Securities and Exchange Commission (2022). The proponents will then
submit the accomplished application form with the SEC Certificate of Registration,
Barangay Clearance Certificate, two (2) valid IDs and Proof of Address. Lastly, two (2)
valid IDs and Proof of Address. Lastly, pay the permit fee and wait at least one (1) week
after the submission of all documents required to claim the business permit. The
following are the list of requirements for securing permits and clearances for application
of Mayor’s permits as supported by Philippines Business Registration (2022): Barangay
Business Clearance, Building Permit and Electrical Inspection Certificate, Certificate of
Occupancy, Locational/Zoning Clearance, Fire Safety Inspection Certificate and Sanitary
Permit.
Bureau of Internal Revenues (BIR)
The fourth thing to do in the business application process after claiming the
Mayor’s Business Permit is to go to the Regional District Office (RDO) where the
business is located and register with Bureau of Internal Revenues (BIR) by filling up the
necessary requirements in the application form (BIR 1903) as supported by Securities and
Exchange Commission (2022). The proponents will then submit the accomplished
registration form with the SEC Certificate of Registration, Barangay Clearance
Certificate, Mayor’s Business Permit, valid IDs (if applicable) and Proof of Address. The
proponents will then pay the Registration Form (BIR Form 0605) and Documentary
Stamp Tax (BIR Form 2000), if applicable. The proponents will then register the business
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book of accounts and receipts/invoices. Lastly, the proponents will claim the Certificate
of Registration (BIR Form 2303).
Government Agencies
The fifth thing to do in the business application process is to register the business’
employees to the Department of Labor and Employment. According to Philippine
Business Registration (2022), for new employees without a Tax Identification Number
(TIN), the employer will require the employee to file BIR Form 1902 to the Revenue
District Office (RDO) where the company is registered. For new employees with existing
TIN and registered with the same RDO as the company, either the employee or the HR
staff need to submit a BIR Form 2305 to update the employee’s information. If registered
in a different RDO as the current company, the employee needs to submit a BIR Form
1905 in the RDO where his/her previous employer is registered. The employer will
register with the Social Security System (SSS) as an employer, get the employer ID, and
get My SSS account as supported by Moneymax (2021). The employers will also register
with Philippine Health Insurance Corporation (PhilHealth). According to PhilHealth
(2022), employers may register through the Philippine Business Registry (PBR). Once
registered in this system, the employers will no longer be required to submit documents.
The employers will also register with Home Development Mutual Fund (HDMF or Pag-
ibig). According to Pag-ibig Fund Services (2022), new employers need to register
through DTI via the Philippine Business Registry System (PBRS) or through SEC via the
Integrated Business Registration System (IBRS). Lastly, the proponents will pay for all
the registration after each submission of all documents required.
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CHAPTER V
TECHNICAL ASPECT
In this chapter, the proponents will present the technical aspect of the business
which comprises of technical objectives, project layouts, business processes, utilities,
equipment and supplies, company uniform and waste and disposal method. This chapter
will give more details regarding the production and other operations.
Technical Objectives
The technical objectives are as follows:
1. To produce fresh ramen noodles of top quality for Filipinos.
2. To create a project layout that will accommodate all the proponents’ facilities,
machineries, and equipment by maximizing the chosen property for business.
3. To establish a strict production process that are vital for the employees to follow
in producing the product.
4. To recognize the prospective suppliers of machineries, equipment, tools, supplies,
and inventories that are considered radical in the long run of business operations.
5. To ensure that there is a stringent waste and disposal management system in the
business.
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Project Layouts
The project layout gives particulars concerning the business location. The
proponents strategize a plan to make these spaces functional and flexible. The company’s
aim of planning the project layout is to provide a commodious work environment for all
the employees and a simple accommodating space for the customers.
Floor Plan
Figure 5.1. Floor Plan of VRRC Store Location
The floor plan shown above is the store location of VRRC Noodles
Manufacturing Corporation with a total of twenty-one (21) square meters (6.5m x 3.5 m).
The customer area measures 2.1m x 3.5m. The Customer Service Staff and Productions
Area measures 2.4m x 3.5m. It is a bit wider than the customer area for the purpose of
giving room for the finished product. The Storage Area measures 1.5m x 2.3m. The
comfort room measures 1.5m x 1.2m.
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Figure 5.2. Floor Plan of VRRC Manufacturing Site and Head Office
The floor plan shown above is the manufacturing site and head office of VRRC
Noodles Manufacturing Corporation with a total of four hundred eighty-seven point five
(487.5) square meters (12.5m x 39 m).
The manufacturing site has a total of three hundred twelve point five (312.5)
square meters (12.5m x 25m). The supplies area measures 6.25m x 5.1m. The main
production area measure 6.25m x 11.7m. The hanging area measures 6.25m x 11.3m. The
packing area measures 6.25m x 10.9m. The stockroom measures 6.25m x 2m. The
parking area measures 4.1m x 7m. Lastly, the comfort room measures 7m x 2.15m.
The head office has a total of one hundred seventy-five (175) square meters
(12.5m x 14m). The CEO office measures 3.125m x 7.5 m. The meeting room measures
8m x 3.1m. The comfort room measures 6.25m x 3.4m. Lastly, the measurement of the
main office area is not indicated due to its complicated shape and size.
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Store Layout
Figure 5.3. Exterior Layout of VRRC Store Location
The exterior layout shown above is the store location of VRRC Noodles
Manufacturing Corporation with a total of twenty-one (21) square meters (6.5m x 3.5 m).
The proponents plan to rent the ground floor of the building chosen and have it
renovated. The exterior theme of the store is clean, neat and minimalist for a classic look
for all generations. The distance between the road and the store is approximately one to
two (1-2) meters.
Figure 5.4. Interior Layout of VRRC Store Location

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The interior layout shown is the store location of VRRC Noodles Manufacturing
Corporation with a total of twenty-one (21) square meters (6.5m x 3.5 m). The interior
theme of the store is the same with its exterior which is clean, neat and minimalist for a
classic look for all generations. The store location will regularly accommodate four (4)
employees specifically 2 Customer service staff, 1 Finance Assistant and 1 driver. The
customer area (2.1m x 3.5m) will accommodate approximately three to five (3-5) persons
due to the new normal setup. The Customer Service Staff and Productions Area (2.4m x
3.5m) will accommodate the two (2) customer service and one (1) driver that will deliver
the finished product. It is a bit wider than the customer area for the purpose of giving
room for the finished product. The Storage Area (1.5m x 2.3m) will be used for the
storage of other finished product in excess of the products area and storage of equipment
and supplies needed for the transaction between customers and customer service staff.
Lastly, the comfort room (1.5m x 1.2m) can accommodate one (1) person at a time.
Manufacturing Site and Head Office Layout
Figure 5.5. Exterior Layout of VRRC Manufacturing Site and Head Office
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The exterior layout shown is the manufacturing site and head office of VRRC
Noodles Manufacturing Corporation with a total of four hundred eighty-seven point five
(487.5) square meters (12.5m x 39 m). The proponents plan to buy a part of nine-hundred
(900) square meters lot and have this structure build. The exterior theme of the
manufacturing site and head office is the same as the store location which is clean, neat
and minimalist for a classic look for all generations. The distance between the road and
the manufacturing site and head office is eight (8) meters as mandated by DPWH (2016).
Figure 5.6. Interior Layout of VRRC Manufacturing Site and Head Office
The interior layout shown above is the manufacturing site and head office of
VRRC Noodles Manufacturing Corporation with a total of four hundred eighty-seven
point five (487.5) square meters (12.5m x 39 m). The Production manager and COO will
manage the manufacturing site while the top-level management will manage the head
office. Janitor do not have specific area of space but will be found in the manufacturing
site and head office.
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The manufacturing site has a total of three hundred twelve point five (312.5)
square meters (12.5m x 25m). The manufacturing site will regularly accommodate fifteen
(15) of employees specifically 1 Accountant, 1 COO, 1 Production manager, 2 Machine
operators, 5 Workers, 1 Driver, 1 Security (3 in total but with different 8-hour shift each)
and 1 Janitor. The supplies area (6.25m x 5.1m) is where accountant, COO and driver is
usually found because they will be in-charge of inventory and supplies. The main
production area (6.25m x 11.7m) is where the two (2) machine operator and three to four
(3-4) workers found because they will be in-charge of the transformation of raw
materials. The hanging area (6.25m x 11.3m), packing area (6.25m x 10.9m) and
stockroom (6.25m x 2m) is where one to two (1-2) workers, production manager and
driver are found because they will be in-charge of the hanging, packing, storing, checking
and delivering. The parking area (4.1m x 7m) is where the vehicle and the driver are
usually found. Lastly, the comfort room (7m x 2.15m) can accommodate two to three (2-
3) persons at a time.
The head office has a total of one hundred seventy-five (175) square meters
(12.5m x 14m). The head office will regularly accommodate fifteen (15) of employees
specifically 1 CEO, 1 CINO, 1 CFO, 1 CHRO, 1 CMO, 1 COO, 1 Accountant, 1 Finance
assistant, 1 HR staff, 1 Marketing staff, 1 Production manager, 1 Security (3 in total but
with different 8-hour shift each) and 1 Janitor. The main office area can accommodate
fourteen (14) persons having set of table and chair each but as of the moment, it will be
occupied by the eleven employees mentioned earlier excluding CEO and janitor and
having one set of table and chair for the three (3) security since they have different shifts.
The CEO office (3.125m x 7.5 m) is where the CEO and important documents are usually
lxxvii
found. The meeting room (8m x 3.1m) can accommodate ten (10) persons. Lastly, the
comfort room (6.25m x 3.4m) can accommodate two to three (2-3) persons at a time.
Business Processes
Procurement Process
1 Identify the raw materials
2 Choosing suppliers
3 Negotiating and signing contracts
4 Payment agreement
5 Acquisition of supplies
6 Acquisition demand
7 Receiving and examining of supplies
8 Inventory keeping
Figure 5.7. Procurement Process Flow Chart of VRRC Manufacturing Site
The proponents need to acquire the raw materials and supplies from several
suppliers in order to create their product. Choosing the appropriate suppliers from the
Public Market and Lazada is vital in the production of the company. The suppliers must
be able to offer the right and reasonable prices for the ingredients, they should be able to
deliver the raw materials in fresh condition, accurate amounts, and on the agreed
schedule. The steps in procurement process are the following:
lxxviii
Step 1- Identify the raw materials
The raw materials needed must be properly listed with the exact
quantities required in the production process.
Step 2- Choosing suppliers
Suppliers are vital in the business. The proponents will select the
suppliers from several places such as the Public Market and online platforms namely
Lazada and Shopee.
Step 3- Negotiating and signing contracts
Contracts are necessary in building trust among suppliers and
companies. The loyalty of suppliers in the delivery of goods and the price agreement as
well as the quality of raw materials are included in the contract.
Step 4- Payment agreement
The proponents will pay the suppliers every Saturday on cash.
Step 5- Acquisition of supplies
The raw materials and supplies will be delivered every Saturday at the
Manufacturing Plant.
Step 6- Acquisition demand
Upon receiving the goods every Saturday, the workers will then give the
list of supplies needed for the next week.
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Step 7- Receiving and examining of supplies
Subsequently, the workers will check and inspect if the supplies
delivered are accurate and in perfect condition.
Step 8- Inventory keeping
Afterwards, the workers will then record the goods received.
Production Process
1 Prepare ingredients
2 Pour ingredients into the dough mixer
3 Dough mixture will take a rest
4 Flattening of dough mixture
5 Stripping of flat dough mixture
6 Hanging and cooling of noodles overnight
7 Clumping of hanged noodles
8 Slicing the noodles into twenty (20) centimeters
9 Prepare the packaging materials
10 Pack the noodles with two hundred fifty grams (250g) per packet
11 Deliver to store location
Figure 5.8. Production Process Flow Chart of VRRC Manufacturing Site
Step 1- Prepare ingredients
The workers will prepare 45 cups of all-purpose flour and dusting flour, 15 tsp of
iodized salt and baking soda, 600L of alkaline water and 30 eggs.
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Step 2- Pour ingredients into the dough mixer
Pour all the ingredients into the dough mixer except dusting flour.
Step 3- Dough mixture will take a rest.
After the dough mixture is done, it will be wrap with cling wrap and will take a
rest for one (1) hour inside the refrigerator.
Step 4- Flattening of dough mixture
After one (1) hour, the workers will put the dough mixture from the refrigerator
into the noodles maker machine that will flatten the dough mixture.
Step 5- Stripping of flat dough mixture
After flattening, the noodles maker machine will proceed to the stripping of the
noodles.
Step 6- Hanging and cooling of noodles overnight
Upon stripping of the noodles, the workers will put the stripped noodles to dry in
the hanging area overnight.
Step 7- Clumping of hanged noodles
In the next morning, the workers will start clumping the hanged noodles and
move them into the packing area.
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Step 8- Slicing the noodles into twenty (20) centimeters
Subsequently, the workers will slice the noodles into twenty (20) centimeters and
dust some all-purpose flour into the sliced noodles.
Step 9- Prepare the packaging materials
The workers will prepare the packing materials such as cling wrap, paper meal
box and packaging label sticker.
Step 10- Pack the noodles with two hundred fifty grams (250g) per packet
Once the packing materials are ready, the workers will place the noodles in the
weighing scale by three hundred grams (300g) and wrap them up with cling wrap. Then,
they will be placed inside the paper meal box and labeled with the packaging label
sticker.
Step 11- Deliver to store location
Finally, the finished products will be counted and checked by the workers. The
noodles will then be moved into the stockroom and will be prepared for delivery.
Table 5.1
Cost Per Unit
Direct Material Cost

Item Supplier Price Quantity Unit Cost
All-purpose flour (3 Lucena Public 30 2 15
cups) Market
Dusting Flour (3 cups) Lucena Public 22.8 2 11.4
Market
Iodized Salt (1tsp) Lucena Public 0.04 2 0.02
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Market
Baking Soda 250g (1tsp) Lucena Public 0.75 2 0.36
Market
Alkaline Water (20L) Shopee 239.00 1 1.33
Egg (2) Lucena Public 14.00 2 7
Market
Direct Material Cost 35.11
Per Unit
Indirect Material Cost
Cling Wrap Miki Mart 25 30 0.83
Paper box Lazada 150 50 3
Packaging label Head Office 24 6 4
Indirect Material Cost 7.83
Per Unit
Total Material Cost 42.94
Per Unit
Daily Cost of Material 6,441.00
Weekly Cost of 38,646.00
Material
Monthly Cost of 1,004,796.00
Material
Annual Cost of 12,057,552.00
Material
Sales Process
Sales process is a vital part of one’s business because it is when the interaction
and transaction between the business and consumers takes place. However, there are
certain steps before a finished product is given to the customer. Below is the detailed
process on how the business will have its sales in exchange for the products they will be
selling. The goal in this process is to have a good customer service that can retain
customers. It is good to have a simple yet convenient process for customers to comeback.
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Physical Store Process
1 Greetings to Customer
2 Sanitation Process (Customer)
3 Ask the Customer
4 Preparation of Order
5 Confirmation of Order
6 Processing of Receipt
7 Settlement of Payment
8 Giving of Product and Receipt
9 Show Gratefulness to Customers
10 Sanitation Process (Counter)
Figure 5.9. Sales Process Flow Chart of VRRC Physical Store
1. Greetings to Customer. The customer service staff will greet the customers while
entering the store saying “Good morning” or “Good afternoon”.
2. Sanitation Process (Customer). The customer will check his/her own temperature,
have foot bath and alcohol sanitizing.
3. Ask the Customer. The customer service staff will ask the customer about what she
needed. If the customer will buy, the customer service staff will ask about the
quantity.
4. Preparation of Order. The customer service staff will prepare the orders according
to the said quantity.
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5. Confirmation of Order. The customer service staff will repeat the customer’s order
and will ask the customer whether it is correct.
6. Processing of Receipt. The customer service staff will process the receipt by writing
the customer’s order.
7. Settlement of Payment. The customer service staff will ask the customer for
payment in cash.
8. Giving of Product and Receipt. When the payment is settled, the customer service
staff will give the product and receipt to the customer.
9. Show Gratefulness to Customers. When the customers receive the product, the
customer service staff will say “Thank you for your purchase, Ma’am/Sir. Please
follow our store and kindly rate us and our product in your spare time. Keep safe and
come again.”
10. Sanitation Process (Counter). The customer service staff will disinfect the counter
by spraying alcohol and wiping it with cloth.
Physical Store Process Via Call
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2 Ask the Customer
3 Preparation of Order
4 Confirmation of Order
5 Processing of Receipt
6 Delivery
8 Settlement of Payment
9 Giving of Product and Receipt
Figure 5.10. Sales Process Flow Chart of VRRC Physical Store Via Call
1. Greetings to Customer. The customer service staff will greet the customers on
telephone call saying “Good morning” or “Good afternoon” to the customer.
2. Ask the Customer. The customer service staff will ask the customer about what she
needed. If the customer will buy, the customer service staff will ask about the
quantity.
3. Preparation of Order. The customer service staff will prepare the orders according
to the said quantity.
4. Confirmation of Order. The customer service staff will repeat the customer’s order
and will ask the customer whether it is correct.
5. Processing of Receipt. The customer service staff will process the receipt by writing
the customer’s order.
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6. Delivery. The driver will be called to deliver the product to the given address of the
customer.
7. Greetings to Customer. The driver will greet the customers saying “Good morning”
or “Good afternoon” following the words “Here’s your order, VV Ramen Noodles.”
8. Settlement of Payment. The driver will ask the customer for payment in cash.
9. Giving of Product and Receipt. When the payment is settled, the driver will give the
product and receipt to the customer.
10. Show Gratefulness to Customers. When the customers receive the product, the
driver will say “Thank you for your purchase, Ma’am/Sir. Please follow our store and
kindly rate us and our product in your spare time. Keep safe.”
Foodpanda Process
1 Log In to Foodpanda Account
2 Search VRRC Noodles Store
3 Click the VV Ramen Noodles
4 Add to Cart the Product
5 Check Out Process
6 Order Update
Figure 5.11 Sales Process Flow Chart of VRRC - Foodpanda
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1. Log In to Foodpanda Account. The customer will login to his/her Shopee account.
2. Search VRRC Noodles Store. The customer will search in Foodpanda the “VRRC
Noodles Store” then click the suggested store with the logo.
3. Click the VV Ramen Noodles. The customer will click the VV Ramen Noodles and
may read the provided description about the product.
4. Add to Cart the Product. The customer will add to cart the product and can add
quantity according to his/her needs.
5. Check Out Process. Before checking out, the customer will be asked to fill-out
important details such as address, time of delivery and mode of payment. If
completed, the customer can check-out the product.
6. Order Update. The marketing staff will be in charge of the automatic updates
regarding the order and ask the customer if the product is received after the delivery.
7. Show Gratefulness to Customers. When the customer received the order in the
Foodpanda app, the marketing staff will automatically send message in the email of
the customer saying “Thank you for your purchase, Ma’am/Sir. Please follow our
store and kindly rate us and our product in your spare time. Keep safe.”
Utilities
Electricity
The electricity of the Head Office and the Plant site will be distributed by
MERALCO. As of January 2022, MERALCO made a downward rate adjustment of f
₱0.0746 per kilowatt-hour (kWh) yielding a monthly overall rate of ₱9.7027 per kWh.
The proponents used the new rate of kilowatt-hour to compute the annual kilowatt-hour.
lxxxviii
In accordance with Philippine Statistics Authority (PSA), the inflation rate of January
2022 is 3.6 percent. The inflation rate of the Philippines for January 2022 will be used in
the assumption of an increase rate for the 5-year projection.
Table 5.2
Electricity Consumption Projection
Rate Usage
9
Product Qty W KWh per per TOTAL
hours
Kwh hour
Firefly LED 9.702
6 9 0.009 0.0873 P 0.79 Php 4.70
Bulb 7
Lithonia Lighting 9.702

5 32 0.032 0.3105 P 2.79 Php 13.95
Fluorescent 7
LED Tube Light 9.702

9 16 0.016 0.1552 P 1.40 Php 12.60
Bulbs 7
9.702 P
Air Conditioner 4 770 0.77 7.4711 Php 268.96
7 67.24
P
150 9.702 14.554
Dough Mixer 2 1.5 130.9 Php 261.98
0 7 1
9
9.702 P
Computer 15 150 0.15 1.4554 Php 196.50
7 13.10
9.702 P
Printer-Scanner 2 300 0.3 2.9108 Php 52.40
7 26.20
Fingerprint
9.702
Biometric 3 60 0.06 0.5822 P 5.24 Php 15.72
7
Scanner
9.702
CCTV 17 15 0.015 0.1455 P 1.31 Php 22.27
7
9.702 P
Refrigerator 2 720 0.72 6.9859 Php 125.74
7 62.87
9.702
Landline Phone 5 3 0.003 0.0291 P 0.26 Php 1.30
7
9.702
Wall Fan 5 100 0.1 0.9703 P 8.73 Php 43.65
7
lxxxix
9.702 P
Exhaust Fan 12 120 0.12 1.1643 Php 125.76
7 10.48
Noodles Maker 9.702 P

2 550 0.55 5.3365 Php 96.06
Machine 7 48.03
9.702
Ceiling Fan 5 70 0.07 0.6792 P 6.11 Php 30.55
7
9.702 P
Water Pump 2 373 0.373 3.6191 Php 65.14
7 32.57
Total Daily P
Usage hp 1,337.28
Total Weekly
Usage Php 1,337.28 x 6 days Php 8,023.68
Monthly Usage Php 8,023.68 x 4 weeks Php 32,094.72
Php
Year 1 Php 32,094.72 x 12 months 385,136.64
Php
Total Annual Year 2 Php 385,136.64 x 3.6%= 13,864.92 399,001.56
Projections Php
Year 3 Php 399,001.56 x 3.6%= 14,364.06 413,365.62
Php
Year 4 Php 413,365.62 x 3.6%= 14,881.16 428,246.78
Php
Year 5 Php 428,246.78 x 3.6%= 15,416.88 443,663.66
Water
Water will be supplied by Prime Water. Ford (2020) stated that on average water
consumption, for office buildings, is 50 liters for each employee each working day.
Where water is used in manufacturing processes industry standards for consumption will
need to be identified. The proponents used this as a secondary data to calculate for the
annual water expense. The 3.6% inflation rate will also be used to calculate the 5-year
projection.
Table 5.3
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Conversion of Water from Gallons to Cubic Meters
Conversion of Water from Gallons to Cubic Meters

Water Consumption per Gallons 330.22
Divide: Conversion Rate 264
Daily Water Consumption per cubic meters 1.25
Monthly Water Consumption per cubic meters (x 26 days) 32.5
Table 5.4
Annual Cost of Water Consumption
0-10 cu m. (min. charge) 458

11-20 cu m. 50
21-30 cu m. 56
31-40 cu m. 60
41-UP cu m. 68
Monthly Consumption Cost 692
Multiply: 12 months 12
Annual Water Consumption Cost 8,304.00
Table 5.5
Water Consumption Projection
Water Consumption Projection

Year 1 692.00 x 12 Php 8,304.00
Year 2 8,304.00 x 3.6% = 298.94 Php 8,602.94
Year 3 8,602.94 x 3.6%= 309.71 Php 8,911.71
Year 4 8,911.71 x 3.6%= 320.82 Php 9,232.53
Year 5 9,232.53 x 3.6%= 332.37 Php 9,564.9
Telecommunication and Internet Connection
The proponents will purchase the service of PLDT (Philippine Long-Distance
Telecommunications) for the Wi-Fi and Landline of their business. The proponents will
avail two (2) of the Php 1,899.00 plan with free landline. This plan has 600 Mbps speed
xci
that will be used by different departments in the head office and from the store location.
The landline will be used in procuring the supplies for their business and receiving and
delivering of products to their customers. The 3.6% inflation rate will also be used to
compute the 5-year projection.
Table 5.6
Computation of 5-year Projection of Telephone and Internet Connection
Telephone and Internet Communication Projection

Monthly Expense Php 3,798.00
Annual Expense (Year 1) Php 3,798.00 x 12 Php 45,576.00
Year 2 Php 45,576.00 x 3.6% = 1,640.74 Php 47,216.74
Year 3 Php 47,216.74 x 3.6%= 1,699.80 Php 48,916.54
Year 4 Php 48,916.54 x 3.6%= 1,761.00 Php 50,677.54
Year 5 Php 50,677.54 x 3.6%= 1,824.39 Php 52,501.93
Equipment and Supplies
Office Equipment
Office Equipment Supplier/ Usefu Cost Quantit Total Cost
Description l life y
Desktop set SM Lucena, 10 Php 15 Php
City yrs. 55,995.0 839,925
150 watts 0
xcii
Printer-Scanner Shopee 10 Php 2 Php
300 watts yrs. 6,495.00 12,990.00
when printing
Fingerprint Biometric Aibecy 10 Php 3 Php
Attendance 60 watts yrs. 3,074.83 9,224.49
Air Conditioner LazMall 10 Php 4 Php
770 watts yrs. 41,498.0 165,992
LED Bulbs Ace Hardware 1 yr. Php 6 Php
9 watts 188.00 1,128.00
Lithonia Lighting Ace Hardware 1 yr. Php 5 Php
32 watts 1,290.00 6,450.00
Fluorescent
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LED Fluorescent Tube Ace Hardware 1 yr. Php 9 Php
16 watts 390.00 3,510.00
CCTV Lazada 5 yrs. Php 17 Php
15 watts 1,290.00 21,930.00
Wall Fan Lazada 10 Php 5 Php
100 watts yrs. 1,220.00 6, 100.00
Refrigerator Pacific Mall 12 Php 2 Php
Lucena, City yrs. 19,503.0 39,006.00
720 watts 0
Ceiling Fan Lazada 10 Php 5 Php
xciv
70 watts yrs. 1,989.00 9,945.00
Exhaust Fan Lazada 10 Php 12 Php
120 watts yrs. 3,209.00 38,508.00
Cash Register Lazada 10 Php 1 Php
yrs. 1,323.00 1,323.00
xcv
Stapler Lucky 7 yrs. Php 4 Php 920.00
Bookstore 230.00
Wall clock Friend City 5 Php 3 Php 405.00
yrs. 135.00
Calendar Lazada 10 Php 3 Php
yrs. 1,410.00 4,230.00
xcvi
Pencil Sharpener Lucky 5 yrs. Php 1 Php 230.00
Bookstore 230.00
White Board Lazada 10 Php 1 Php
yrs. 3,741.21 3,741.21
Cork Board Lazada 5 yrs. Php 2 Php 388.08
194.04
Total Office Equipment Php
1,165,945.
78
xcvii
Office Supplies
Office Supplies Supplier Cost Quantity Total
Cost
Fire extinguisher Lazada Php 3 Php
1,000 3,000.00
Carbon Paper Lucky Php 260 Php
Bookstore 8.00 1,760.00
Sales invoice Lazada Php 260 Php
19.75 5,135.00
Lucky Php 6 Php

Calculator
Bookstore 807.00 4,842.00
Bond paper-short Lucky Php 2 Php
Bookstore 178.00 396.00

xcviii
Bond paper-long Lucky Php 2 Php
Bookstore 200.00 400.00
Box of Ball pens Lucky Php 10 Php
Bookstore 130.00 1,300.00
Staples Lucky Php 8 Php
Bookstore 12.00 96.00
Lucky Php 20 Php
Correction tape Bookstore 27.00 540.00
Scissors Lucky Php 2 Php
xcix
Push pins Lucky Php 10 Php
Paper clips Lucky Php 10 Php
Box of White Board Marker Lazada Php 4 Php
76.00 304.00
Total Office Supplies Php
17,863.00
c
Hygiene/Cleaning Supplies
Hygiene and Cleaning Supplier Cost Quantity Total Cost
Supplies
Thermal scanner with Shopback Php 2,499.00 3 Php 7,497.00
alcohol dispenser
Alcohol Carlos Php 420.00 20 Php 8,400.00
Superdrug
Vacuum cleaner Ace Php 4,299.00 1 Php 4,299.00
Hardware
ci
Broom and dustpan Shopee Php 385.00 2 Php 770.00
Squeegee window cleaner Novo Php 128.00 2 Php 256.00
Rubber gloves Novo Php 25.00 3 Php 75.00
Cleaning cart Shopee Php 1,200.00 1 Php 1,200.00
cii
Trash bags (50 pcs.) Novo Php 100.00 3 Php 300.00
Waste basket Lazada Php 885.00 9 Php 7,965.00
Toilet brush with holder Unitop Php 85.00 3 Php 255.00
Facemask Shopee Php 105.00 10 Php 1.050.00
Pack of Hair Net Lazada Php 184.28 2 Php 368.56
ciii
Box of Plastic Gloves Lazada Php 34.00 10 Php 340.00
Toilet cleaner liquid Shoprite Php 155.00 10 Php 1,550.00
bleach (900 ml)
Detergent Soap (Set of 3) Lazada Php 91.85 5 Php 459.25
Handwash Liquid Soap (Set Lazada Php 251.10 5 Php 1,255.50
of 3)
civ
Dishwashing Sponge (Set of Lazada Php 69.00 1 Php 69.00
12)
Dishwashing Liquid Lazada Php 87.22 5 Php 436.10
Alcohol Spray Bottle Lazada Php 78.11 3 Php 234.33
cv
Rags (Set of 12) Lazada Php 78.00 5 Php 390.00
Metro Php 349.00 5 Php 1,745.00

Toilet tissue holder
Toilet tissue paper Shoprite Php 105.00 20 Php 2,100.00
cvi
Disinfectant Spray (Set of 3) Shopee Php 1,450 3 Php 4,350.00
Disinfection mat Lazada Php 192.00 3 Php 576.00
Total Hygiene/ Cleaning Php 45,940.74
Supplies
cvii
Manufacturing Plant Tools and Equipment
Machine and Equipment Supplier/ Useful Cost Quantity Total Amount
Item life
Description
Dough Mixer Lazada 10 P 17,900 2 Php 35,800
Noodles Maker Machine Lazada 10 P36,762.00 2 Php 73,524
Water Faucet Purifier Lazada 5 P 1,700.00 1 Php 1,700.00
cviii
Ceiling fan Shopee 5 yrs. Php 1838.00 10 Php 18,380.00
18 to 120
watts
LED Bulbs Ace 1 yr. Php 395.00 3 Php 1,185.00
Hardware
16 watts
Water Pump Lazada 10 Php 1,099.00 2 Php 2,198.00
Water Tank Lazada 10 Php 5,000.00 2 Php 10,000.00
Total Machines and Php
Equipment 142,787.00
cix
Furniture and Fixtures
Furniture and Fixtures Supplier/ Usefu Cost Quantity Total Cost
Item l life
Description
Office chair Lazada 5 yrs. Php 15 Php 13,860
924.00
Table Lazada 10 Php 15 Php 32,700
yrs. 2,180.00
cx
Long Table Shopee 10 Php 5 Php
1,799.00 8,995.00
Chairs (Set of 6) Lazada 10 Php 2 Php
yrs. 3,298.50 6,597.00
Conference Table Shopee 20 Php 1 Php 11,200
11,200
cxi
Sofa Shopee 5 Php 1 Php
4,700.00 4,700.00
Indoor Plants Shopee 10 Php 52.00 3 Php 156.00
Foldable Ladder Shopee 10 Php 1 Php 787.00
787.00
cxii
Aluminum Hanger Shopee 5 Php 4 Php
1,533.57 6,134.28
Small Table Shopee 10 Php 699 1 Php 699.00
Store Counter Shopee 10 Php 1 Php
11,320.00 11,320.00
cxiii
Storage Cabinet Shopee 10 Php 3 Php
1,580.00 4,740.00
Metal Shelves Shopee 10 Php 14 Php
1,590.00 22,260.00
Filing Cabinet Unitop 10 Php 4 Php
yrs. 1,350.00 5,400.00
Total Furniture and Php
Fixtures 129,548.28
cxiv
Inventory Tools and Supplies
Tools and Supplies Supplier Cost Quantity Total Cost
Digital scale Amazon Php 1,300.00 3 Php 3,900.00
Cling Wrap Lucena Php 25.00 260 Php 6,500.00
Public
Market
Noodles knife Amazon Php 350.00 3 Php 1,050.00
Total Inventory Tools Php
and Supplies 11,450.00
Vehicle
Vehicle Supplier & Useful Cost Quantity Total Cost

Description Life
cxv
Cargo Van Nissan 15 Php 1 Php
1,636,606.8 1,636,606.80
0
Company Uniform
Manufacturing Site Uniform
Figure
5.12. Manufacturing Site Uniform
The uniform shown above is for the employees who are usually in the
manufacturing site and are inclined with the production process. The employees who will
wear the uniform are the COO, Production manager, Machine operators and Workers.
The top uniform has the business logo on one side and position or the job title of
the employee on the other side for easier identification. It has dark blue color for the
unexpected stains, from the production process, to not be obvious and for the cloth to be
cxvi
less warm. It has white-colored font (position or the job title) for good contrast. It has
also bright orange outlines to give a little color and liveliness to the uniform. The bottom
uniform has a khaki color that is universal. It is kind of loose for the employees to feel
comfy. Overall, the manufacturing site uniform is created to protect employees from the
things that can happen in the production process. The manufacturing site uniform should
always be partnered with good rubber shoes for the employees to be comfortable in every
move.
Store and Head Office Uniform
Figure 5.13. Store and Head Office Uniform
The uniform shown above is for the employees who are usually in the store and
the head office. The employees who will wear the uniform are the CEO, CINO, CFO,
CHRO, CMO, Accountant, Finance assistant, HR staff, Marketing staff and Customer
service staff.
cxvii
The front top uniform has a logo and at the back has the position or the job title of
the employee. The polo shirt is more formal than other uniforms since the people that will
wear it should be presentable when communicating with people. It is gold in color to
represent the noodles manufacturing corporation with the black-colored font for good
contrast. This uniform should also and always be partnered with good rubber shoes for
the employees to be comfortable in every move. It should also and always be partnered
with good pants such as denim pants or slacks to complete the formal look.
Other Staff Uniform
Figure 5.14. Other Staff Uniform
The uniform shown above is for the employees who are usually in the outside or
does move around a lot. The employees who will wear the uniform are the Security,
Driver and Janitor.
Similar with the previous uniform, the front top uniform has a logo and at the
back has the position or the job title of the employee. The t-shirt is less formal than other
cxviii
uniforms since the people that will wear it should be more comfortable with their jobs. It
is black in color for a neat and classic look with the white-colored font for good contrast.
This uniform should also and always be partnered with good rubber shoes for the
employees to be comfortable in every move. It should also and always be partnered with
good pants such as denim pants or slacks to complete the overall look.
Waste and Disposal Method
Waste and disposal method are the strategy of every business to dispose reduce,
reuse, and prevent waste. It is necessary for every business to have a proper waste
management strategy. Working in a clean environment will not only increase the
workers’ production efficiency but it will also boost the workers’ morale. A company
that is transparent not only on their finances but as well as their buildings and working
area, will have a good reputation to their customers. Amidst the pandemic, people are
now more cautious and they are keen to cleanliness and how companies dispose their
waste.
Figure 5.15. Waste Disposal
cxix
The illustration above shows the waste disposal method of the proponents’
business. The proponents will provide three (3) informative trash bins to separate the
biodegradable, non-biodegradable and recyclable wastes in the manufacturing plant, store
location and the head office.
The employees in each location are obligated to clean their working area before
and after their shifts. They will dispose the waste and will be picked up by the garbage
collector.
References:
Chapter 1
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https://www.japan-guide.com/e/e2042.html
(2022). Ramen. Merriam-Webster. Retrieved from:

https://www.merriam-webster.com/dictionary/ramen
Fernandes, M., (2020). Soupy or fried: Instant noodles are the comfort food during
confinement. Entertainment Times. Retrieved from:
https://timesofindia.indiatimes.com/life-style/food-news/soupy-or-fried-instant-
noodles-are-the-comfort-food-during-confinement/articleshow/75035365.cms
Kenton, W., (2022). Manufacturing. Investopedia. Retrieved from:

https://www.investopedia.com/terms/m/manufacturing.asp#:~:text=our%20editorial
%20policies-,What%20Is%20Manufacturing%3F,of%20the%20raw%20materials
%20used.
Kicthen, H., (2021). From Pandemic to Protests: How Food Businesses Are Responding.
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covid-19
Kitchen, L., (2020). Know your noodle: The ultimate guide to Asian noodles. Food.
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noodle-ultimate-guide-asian-noodles
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cxx
Niu,N. & Hou, G., (2020). Whole grain noodles. Science Direct. Retrieved from:
https://www.sciencedirect.com/topics/agricultural-and-biological-sciences/noodles
Patrick. (2022). Rice: The Filipino Staple. Discover Philippines. Retrieved from:
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Wilkinson,D., (2014). The Ramen Noodle Diet: Not Just for College Students. National
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for-college-students
Chapter 2:
(2022). Oxford Learner’s Dictionaries. Retrieved from:

https://www.oxfordlearnersdictionaries.com/us/definition/english/vigour?q=vigor
(2022). 25 Simple Tips to Make Your Diet Healthier. Healthline. Retrieved from:
https://www.healthline.com/nutrition/healthy-eating-tips#TOC_TITLE_HDR_2
Fernandes, M., (2020). Soupy or fried: Instant noodles are the comfort food during
confinement. Entertainment Times. Retrieved from:
https://timesofindia.indiatimes.com/life-style/food-news/soupy-or-fried-instant-
noodles-are-the-comfort-food-during-confinement/articleshow/75035365.cms
Chapter 3:
(2017). Instant Noodles Industry in Philippines: Analysis of Growth, Trends and Forecast
(2017-2022). Orbis Research. Retrieved from:
https://www.orbisresearch.com/reports/index/instant-noodles-industry-in-
philippines-analysis-of-growth-trends-and-forecast-2017-2022
(2018). Daily News. (page 19?)
(2019). The Market Research. Retrieved from: https://www.marktforschung.de/studien-

shop/marktdaten/Consumer-and-Market-Insights:-Pasta-%26-Noodles-Market-in-
the-Philippines-323918/
cxxi
(2020). You are what you eat: Typical UC Berkeley student meals. The Daily
Californian. Retrieved from: https://www.dailycal.org/2020/02/27/you-are-what-
you-eat-typical-uc-berkeley-student-meals/
Castro, R. (2021). Pinoys 7th top consumer of instant noodles: study. Business Insight.
Retrieved from: https://malaya.com.ph/news_business/pinoys-7th-top-consumer-of-
instant-noodles-study/
2022. toppr. Retrieved from: https://www.toppr.com/guides/economics/non-competitive-

market/monopoly-monopolistic-competition-oligopoly/
Castro, R. (2021). Pinoys 7th top consumer of instant noodles: study. Business Insight.
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Chapter 4:
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https://www.bir.gov.ph/index.php/eservices.html
(2022). Philippines Healht Insurance. Philhealth. Retrieved from:

https://www.philhealth.gov.ph/
(2022). Pag-Ibig Fund. Retrieved from: https://www.pagibigfund.gov.ph/
(2022). Security and Exchange Commission. Retrieved from:

https://www.sec.gov.ph/online-services/sec-company-registration-system/
(2019). Daily minimum wage rates. DOLE. Retrieved from:

https://nwpc.dole.gov.ph/regionandwages/region-iv-a-calabarzon/
Bureau of Working Condition. Government. Retrieved from:

https://bwc.dole.gov.ph/faqs-on-13th-month-pay#:~:text=click!,its%20rank%20and
%20file%20employees.
Chapter 5:
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cxxii
(2022). JK MALL Fingerprint Attendance Machine LCD Screen Intelligent Biometric
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Fingerprint-Attendance-Machine-LCD-Screen-Intelligent-Biometric-Fingerprint-
Attenda-Recorder-i.87773654.4484594883?sp_atk=680d9a7b-62ee-47da-bab0-
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(2022). Firefly. Retrieved from:

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(2022). Lithonia Lightning Florescent. Retrieved from: https://images.homedepot-

static.com/productImages/8e036edb-9c9b-4b09-80ba-4999a6bf2abf/svn/lithonia-
lighting-wraparound-lights-lb-2-32-120-gesb-64_1000.jpg
(2022). LED Fluorescent Tube. Retrieved from: https://www.1000sads.com/photos/2011-

08/18666/1312872582_t801_t803.jpg
(2022). TP-Link Tapo C200 Pan/Tilt 360° 1080p Night Vision Home Security Wi-Fi
Camera Two-way Audio | WiFi Camera | Wireless CCTV Surveillance | Baby
Camera | Indoor IP Cam | CCTV Camera Connect to Cellphone | TP LINK |
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pantilt-360-1080p-night-vision-home-security-wi-fi-camera-two-way-audio-wifi-
camera-wireless-cctv-surveillance-baby-camera-indoor-ip-cam-cctv-camera-
connect-to-cellphone-tp-link-tplink-i467172742-s1212630895.html?
search=1&spm=a2o4l.searchlist.list.i40.76ae217eB6fLCy
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id=OIP.qxqhS0NoMOQ39EuCGnfGfgHaHC&pid=Api&P=0&w=188&h=179
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refrigerator/
(2022). Ceiling fan. Retrieved from: https://iprice.ph/compare/lg-gr-b202sqbb-inverter-

refrigerator/
(2022). Exhaust fan. Retrieved from: https://www.coolguys.ae/images/products/212-

industrial-exhaust-fan-ipu-ywf400b-1.jpg
cxxiii
(2022). Cash register. Retrieved from: https://tse1.mm.bing.net/th?id=OIP.YoN6Kd8a6-
spDR0lUv2LdgHaHa&pid=Api&P=0&w=177&h=177
(2022). Swingline Stapler. Retrieved from: https://tse1.mm.bing.net/th?

id=OIP.VvQOigElB_KniA8kucLXgQHaHa&pid=Api&P=0&w=169&h=169
(2022). Calendar Board. Retrieved from:

https://www.schoolsin.com/Merchant5/graphics/00000001/UVP-
UV1824CALMG_540x540.jpg
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i1866526457-s7929659117.html?
search=1&spm=a2o4l.searchlist.list.i40.6e28a489gqw2Xu
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cxxiv
(2022). Staples Max. Retrieved from: https://tse2.mm.bing.net/th?
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98.JPG
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DpPjQuk83U0zSA21uU4EwHaHa&pid=Api&P=0&w=177&h=177
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cxxv
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0fc487fe5e8b.cb9af9789bdc075d599d52c12a17a9da.jpeg?
odnWidth=612&odnHeight=612&odnBg=ffffff
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id=OIP.JJnBMQcclbGukIAFkYkBGwHaHa&pid=Api&P=0&w=167&h=167
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id=OIP.5eM4u3zY4isEAsEeLvBymwHaHa&pid=Api&P=0&w=181&h=181
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id=OIP.fQuLD0usolVTW6v9ZqAqQQHaL1&pid=Api&P=0&w=103&h=164
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PYPzogHaHa&pid=Api&P=0&w=177&h=177
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id=OIP.rLry8nD1MkAv4eZc8u6Z1QHaJQ&pid=Api&P=0&w=125&h=156
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id=OIP.Ysj7h1ElxkTsNq8Tlahd5QHaHa&pid=Api&P=0&w=176&h=176
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4f46-a145-ef9f830584e4_1.5ab04c995198d8429df64961b3db86c7.jpeg?
odnWidth=1000&odnHeight=1000&odnBg=ffffff
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https://www.shophygiene.com.ph/pub/media/catalog/product/cache/6e9e63b8ef963
2875a86ea2b8ecfe401/s/a/sanicare_upsize_bathroom_tissue_24_rolls.jpg
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id=OIP.pQaTtL_jS0OwEzeXWvILLAHaUd&pid=Api&P=0&w=60&h=167
cxxvi
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Well__22_full_2.jpg?v=1527269427
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https://www.commercialglassfreezer.com/photo/pl30006780-
1_1kw_15kg_simple_dough_mixer_machine_stainless_steel_food_mixer.jpg
(2022). Noodles Maker. Retrieved from: https://i5.walmartimages.com/asr/27191bbb-

f48a-49c9-8410-5f757a29f3f8_1.3799a6106df2f255ddf1fc7ff0a2a83f.jpeg
(2022).Water faucet purifier. Retrieved from: https://tse4.mm.bing.net/th?

id=OIP.d46SQpVgg8sSAH5W96-SZAHaHa&pid=Api&P=0&w=181&h=181
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sof16b-16-orbit-fan-grey-8016-644267-1-catalog_233.jpg
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328922842af6/svn/frosted-philips-led-bulbs-545624-64_1000.jpg
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https://img.directindustry.com/images_di/photo-g/37897-12765033.jpg
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https://bestank.com/wp-content/uploads/2020/06/sgst-ss-water-storage-tanks-1.jpg
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401b-b4b2-9ce3d145bc74.adac58a971ac64452bb352afd99b1047.jpeg
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q=table&rlz=1C5CHFA_enPH811PH811&sxsrf=ALiCzsY1ElKn3jfaLXL9AU5of
ccPL601cA:1651577855085&source=lnms&tbm=shop&sa=X&ved=2ahUKEwju3
vv6nsP3AhU7ilYBHS4BACIQ_AUoAnoECAMQBA&biw=1038&bih=491&dpr=
0.8#spd=10593917801517249361
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cxxvii
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%E2%9D%81Net-red-ins-style-clothing-store-cashier-counter-barber-shop-bar-
counter-simple-modern-small-shop-i.589813649.10373185692?sp_atk=093c9871-
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aspect=fit&height=1600&width=1600
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cxxviii
APPENDICES
Appendix A
Letter to Customer Respondents
SACRED HEART COLLEGE

HIGHER EDUCATION DEPARTMENT
cxxix
COLLEGE OF BUSINESS ADMINISTRATION
February 5, 2022
Dear Ma’am/Sir,
Greetings of peace!
We, the college students taking up Bachelor of Science in Business Administration at
Sacred Heart College, are currently conducting a feasibility study entitled “VRRC
Noodles Manufacturing Corporation” as partial fulfillment for the requirement of
Business Research 1. As part of our feasibility study, we are conducting a market survey.
The purpose of the market survey is to gather information that we need for our feasibility
study on consumers of noodles.
In this regard, we would like to ask for your help by answering the questionnaires
provided below. Rest assured that any information you will provide will be dealt with
strict confidentiality and will be used solely for academic purposes.
Thank you very much for your time and cooperation. Your prompt answer to our request
are highly appreciated.
Respectfully yours,
cxxx
Constantino, Lady Louise C.
Gonzales, Mae Fern Jane R.
Guinto, Deanne Lorraine V.
Marquez, Laica R.
Appendix B
Letter to Business Owners
SACRED HEART COLLEGE

HIGHER EDUCATION DEPARTMENT
COLLEGE OF BUSINESS ADMINISTRATION
cxxxi
February 5, 2022
Dear Ma’am/Sir,
Greetings of peace!
We, the college students taking up Bachelor of Science in Business Administration at
Sacred Heart College, are currently conducting a feasibility study entitled “VRRC
Noodles Manufacturing Corporation” to gather relevant information and to assess the
market feasibility of our business idea.
The following questionnaire is developed to ask you a few questions regarding your
business operations. In this regard, we would like to ask for your help by answering the
questionnaires provided below. Rest assured that any information you will provide will
be dealt with strict confidentiality and will be used solely for academic purposes.
Thank you very much for your time and cooperation. Your prompt answer to our request
is highly appreciated.
Respectfully,
Constantino, Lady Louise C.
Gonzales, Mae Fern Jane R.
Guinto, Deanne Lorraine V.
Marquez, Laica R.
cxxxii
Appendix C
Questionnaire to Customers
Name (optional): ________________________________________________________

Directions: Kindly check (/) the box below that represents your most fitting answer.
I. DEMOGRAPHIC PROFILE
Sex
cxxxiii
 Male  Female
Age
 18 – 22 years old  35 years old and above

 23 – 35 years old
Civil Status
 Single  Separated
 Married  Widowed
 Divorced
Occupational Status
 Student  Self-Employed
 Unemployed  Others, kindly specify
 Employed ___________________________
Allowance Per Day
 PHP 100 and below  PHP 300 to 500

 PHP 100 to 300  PHP 500 and above
II. MARKET ANALYSIS

1. Do you like instant (ramen) noodles?
 Yes  No
2. If yes, why do you like instant (ramen) noodles? (Check all that applies)
 Easy to cook  Comforting
 Convenient to buy  Others, kindly specify
_______________________
3. What kind of noodles do you typically buy? (Check all that applies)
 Uncooked noodles without seasoning (Pasta, egg noodles)
 Uncooked noodles with soup seasoning (Ramen noodles with broth)
 Uncooked noodles with dry seasoning (Noodles without broth but with
ingredients such as meat and/or vegetables, soy sauce and oil)
4. How frequent do you buy instant (ramen) noodles?
 Daily  Once a month
 Once a week  Others, kindly specify
 Twice to thrice a week ______________________
5. How frequent do you eat instant (ramen) noodles?

cxxxiv
 Daily  Once a month
 Once a week  Others, kindly specify
 Twice to thrice a week ________________________
6. What kind of advertisement/promotion do you prefer for instant noodles? (Check all
that applies)
 Social media ad  Freebies/Giveaways
 Flyers/Tarpaulin  Others, kindly specify
 Free taste _______________________
7. Where is your preferred type of location to buy instant (ramen) noodles? (Check all
that applies)
 Convenience Store  Online Store
 Supermarket  Others, kindly specify
 Noodles Store ___________________
6. How much do you typically spend in buying one (1) instant (ramen) noodles? (Check
all that applies)
 PHP 10 and below  PHP 31-50
 PHP 11-30  PHP 51 and above
7. What is your most preferred type of payment?

 Cash / Cash on delivery (COD)
 Online payment (GCash, Paymaya, etc.)
 Others, kindly specify ________________
III. PRODUCT/SERVICE FEASIBILITY
cxxxv
1. If ever there will be new instant (ramen) noodles in the market, are you willing to try
the product?
 Yes  No
2. Are you willing to buy a freshly made instant (ramen) noodles?
 Yes
 No
3. How much are you willing to pay for a three hundred grams of freshly made instant
(ramen) noodles (300g)?
 PHP 21-40  PHP 61-80
cxxxvi
Appendix D
Questionnaire to Business Owners
PART I. BASIC INFORMATION

Directions: Kindly indicate your answer on the lines provided. (optional)
Name: __________________________________________________________________
Business Name: __________________________________________________________
Business Location:________________________________________________________
Establishment Date: _______________________________________________________
PART II. BUSINESS OPERATIONS
Directions: Kindly check (/) the box below that represents your most fitting answer.
1. How much capital did you invest in starting up your business?
 PHP 100,000 and below  PHP 500,001 – 900,000
 PHP 100,001 – 500,000  PHP 900,001 and above
2. How long is your business established?

 Less than a year  5-9 years
 1-5 years  9 years and above
3. How many employees do you currently have?

 Less than 10 employees  50-249 employees
 10-49 employees  More than 250 employees
4. How long are your operating hours in a day?

cxxxvii
 Less than 4 hours  More than 8 hours
 4-8 hours
5. When do you typically operate?

 Weekdays only  Whole week
 Weekends only  Others, kindly specify
________________________
6. How many days per week do you operate?

 1  4  7
 2  5
 3  6
7. What is the average number of customers visiting your store in a day?

 Below 10  79 – 100
 10 – 49  Above 100
 49 – 79
8. What type of customer do you typically attract?

 Student  Private Employees
 Parents  Others, kindly specify
 Public Employees ___________________________
9. How much is your average daily sales?

 Below PHP 5,000  PHP 35,000 – 49,999
 PHP 5,000 – 19,999  PHP 50,000 and above
 PHP 20,000 – 34,999
10. How much is the selling price of your instant (ramen) noodles?
 PHP 10 and below  PHP 31-50
11. What are the tools you currently use for advertisement?
 Social media/Website  Radio/TV Ad
 Flyers/Brochures  Others, kindly specify
 Posters/Tarpaulins ________________________
cxxxviii
12. What are the strategies you currently use for sales promotion?
 Free Taste  Customer Loyalty Card
 Buy 1 Take 1/Discount  Others, kindly specify
 Freebies/Giveaways ________________________
13. Where do you sell your products?

 Convenience Store  Online Store
 Supermarket  Others, kindly specify
 Noodles Store ___________________
cxxxix

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A PROJECT FEASIBILITY STUDY OF RAMEN NOODLES

MANUFACTURING IN LUCENA CITY

A Feasibility Study Presented to

The Faculty of the College of Business Administration

Sacred Heart College, Lucena City

In Partial Fulfillment of the Requirements for the Degree of

Bachelor of Science in Business Administration

Major in Finance Management

Lady Louise C. Constantino

Mae Fern Jane R. Gonzales

Deanne Lorraine V. Guinto

The project entitled “A PROJECT FEASIBILITY STUDY OF RAMEN NOODLES

ORAL EXAMINATION COMMITTEE

Approved by the panel examination committee with quantitative grade of _______%

ANNA LIZA B. MENDIOLA, MBA

MARILYN D. IGLESIAS, MBA

JOSEPH GLORIOSO, CPA

ELEONOR J. MARQUEZ, MIT

Title Page …………………………………………………………………………….…i

CHAPTER I – THE PROJECT AND ITS BACKGROUND

CHAPTER II – BUSINESS PROFILE

CHAPTER III – MARKETING ASPECT

CHAPTER IV – MANAGEMENT ASPECT

Figure 2.1. Business Logo

Figure 2.2. Store Location

Figure 2.3. Manufacturing Site and Head Office

Figure 2.4. Map

Figure 3.1. SWOT Analysis

Figure 3.2. Packaging

Figure 3.3. VRRC Noodles Manufacturing Corp. Distribution Channel

Figure 3.4. Tarpaulin

Figure 3.5. Flyers

Figure 3.6. Social Media Advertisement

Figure 3.7. Free Taste Stall

Figure 3.8. Freebies

Figure 4.1. Organizational Chart of VRRC Noodles Manufacturing Corp.

Figure 4.2. Hiring and Recruitment Process

Figure 4.3. Sanitation Process

Figure 4.4. Business Application Process with Legal Requirements

Figure 4.5. SEC Business Name Registration

Figure 5.2. Floor Plan of VRRC Store Location

Figure 5.3. Exterior Layout of VRRC Store Location

Figure 5.4. Interior Layout of VRRC Store Location

Figure 5.7. Procurement Process Flow Chart of VRRC Manufacturing Site

Figure 5.8. Production Process Flow Chart of VRRC Manufacturing Site

Figure 5.9. Sales Process Flow Chart of VRRC Physical Store

Figure 5.11. Sales Process Flow Chart of VRRC - Foodpanda

Figure 5.12. Manufacturing Site Uniform

Figure 5.13. Store and Head Office Uniform

Figure 5.14. Other Staff Uniform

Figure 5.15. Waste Disposal

Table 2 Product Offering

Table 3.1 Product Description

Table 3.2 Packaging Cost

Table 3.3 Cost-Plus Pricing

Table 3.4 Cost of Advertisement Strategies

Table 4.1 Timeline of VRRC Activities