2. Procedure: Structure for product
1: Demand of product in market.
2: Price of product in market @casting
price.
3: process of making of product
4: Availibility of raw material to be used in
process
5: Competition in the market and different
developers of same product
3. Form of Business
1: Sole proprietorship
2: One person company
3: Partnership
4: Pvt ltd.co
5: Public limited co.
4. Location of factory
1: Availibility of land.
2: Availibility of labour.
3: Electricity availibility and water
available.
4: Accessibility to the market.
5: No tension in thr region
5. Market research
1: Sale of product.
2: Market strategy.
3: Try different ways to reach customer in
an easy way e.g. online.
4: Make sale price as per competition &
quality.
5: Calculate all type of cost and make list
of different wages.
6. Plant and Machinery
1: See and analyse all the machineries and
manual/semi/full automatic machines
provided by the supplier.
2: How much electricity will be required to
run a machine .
3: Running cost of machines.
4: productivity.
5: Life of machine.
8. Raw material
1: Amount of raw material.
2: Availability of raw material.
3: Time taken to maintain &avail the raw
material.
4: payment of raw material.
5: unloading of raw material.
All time from purchasing to unloading should
be calculated.
9. Civil works
1: Construction lay out.
2: Time taken to construct the outer frame.
3: Installation cost and time.
4: cost estimation.
5: workers- skilled, unskilled,
supervisor,accountant, sales man required.
6: All type of material handling & other cost
should be estimated.
10. Cost Evaluation
1: Land cost
2: Building and construction cost.
3: plant and machinery cost.
4: Furnitures cost.
5: Raw material cost.
6: wages to workers.
7: installation cost.
8: other costs.