production and technical plan

Question 1

production facility location and description

Answer 1

Describe where the production facility will be located.

What is the significance in choosing this particular location?

Write the advantages of the particular location.

1.1 Methods/Processes involved

What method or process will be used in producing the products you have planned?
Outline the steps involved in the right sequence.

1.2 Fixed asset requirements & cost

What fixed assets do you require for the production facility?
How much will they cost?
Check the purchase price and learn to provide for depreciation so that replacement becomes easier.
use the current market value as the purchase
price.
1.3 Working Capital1.3.1. Raw Material Costing
1.3.2 Man power costing
Direct labour requirements and cost
What is the direct labour requirement of the business?
Labour requirement has to be carefully thought about.
Assess qualifications and experience required for the positions and the amount of salary payable.

Indirect Labour Costing
Describe details of project’s indirect labour requirements and cost estimates.

Total Project Cost

Fixed investment
Working Capital
material costs
labour costs
overheads
Total Project Cost (A+B)