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Technical Aspect: Workshop 4
Technical Aspect: Workshop 4
TECHNICAL ASPECT
The test of viability of the proposed project depends on the answer to the basic question-Will the
project generate a rate or return on investment that is higher than the minimum rate of return?
Product or Service
Product or service description The guide questions are:
What is the physical appearance of the product? What are the mechanical parts of the product?
What are the chemical contents of the product?
What benefits does the product provide?
Answer
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Manufacturing Process
Description of the manufacturing process
The manufacturing process should be illustrated through a flowchart.
The process should be properly described.
Are there alternative manufacturing processes?
Provide flowcharts.
Answer
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Plant Capacity
Determine the plant capacity and size of the plant based on the size of the demand.
Corollary guide questions on plant capacity:
Who is the supplier of the machines?
What is the design of the plant?
How much is the cost involved?
The perspective of the processing plant should be provided.
Answer
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Production Schedule
Various schedules are presented in this section. They should include the following:
quantities to produce
raw materials to purchase
direct labor cost
finished goods and delivery time
inventory level
Answer
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Plant Location and Layout
The description of plant location and plant layout should be provided. A schematic diagram of plant
layout should also be presented
The guide questions are:
o Where will the manufacturing plant be constructed?
o What is the layout of the plant?
Answer
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Note:
Each team member should submit the same to their google classroom. Please follow this format
to name your file. Workshop4_BA418FS_Name