Cardboard 3d Glass Product in Bangladesh

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2. industry & competitor

Basically, our product belongs to mobile phone and gaming accessories industry. As this kind of invention has not been created yet in our country, we tried our best to give a better quality of our product to our consumer. The main features of this product is to make consumer to feel that they are in the virtual world. There is another important features and that is when a consumer attach his/her smartphone with this product, it will turn their smartphone into a 'Virtual Reality' headset. In near future, we will be applying the next stage of our product beyond gaming.

For these product, we do not have any local competitor in our country. Because, we are the only one in our country who created this product to give consumer a new technological medium through which they can enjoy the effects of virtual reality. But we do have a international competitor. We will compete against China for our product. China is also producing the same product with cardboard but we are giving better look and better quality with sufficient support in which people will find it more good looking and more comfortable. So, we hope that we can get the attention of our consumer very easily as we planned.

3. Manufacturing Process

Cutting:- firstly we have to draw a sketch of card board in a paper. Then we will fix it into the main cardboard so that we can cut it nicely according to its shape. We will use mainly some machine like laser cutter for cutting the board so that it can save our time. We also cut lenses that have a 40m focal distance according to its shape so that customer can get best experience of watching any video.

Folding:- After cutting the cardboard we have to fold it according to its shape. We put serial no in every part of its joint so that after buying the product customers can easily set it by themselves.

Checking:- After making the product perfectly we check our product one by one by & try to find out if there is any defect or something like this by our labors. If there is any defect found in product that should be deleted from manufacturing process otherwise it should be ready for next step.

Packaging:- after done manufacturing process we package our product. in packaging we put our product with some Velcro, a rubber band, two small magnets and lenses in a nice packet. We also give a guideline paper into the packet so that after buying customers can make it easily by themselves.

4.Maximum production:

Labor

3 persons

Working hour

8 hours

Working days

26 days

Units per labor per day

90 units

Total units per day

270 units

Maximum Production per month

7020 units

5. Direct Materials Cost:

Serial no.

Type of material use

Produced Unit

Cost per unit (Tk)

Total cost(Taka)

1.

Cardboard

5500 units

30 per unit

165000

2.

Glass

5500 units

220 per unit

1210000

3.

Ribbon

5500 units

10 per unit

55000

4.

Package

5500 units

15 per unit

82500

Total-

Tk.1512500

Direct Manufacturing Labor cost:

Cost item

Total units

Cost per hour(Taka)

Total labor hour

Cost per Unit(Taka)

Total cost

Direct labor cost

5500 units

40

488 hours

3.5555

19556

***Note***

1.Labor cost per unit = 40/11.25 = 3.5555

2. Direct Manufacturing labor per unit = 3.5555/40 =0.08889 hours

3.Total Labor hour = 0.08889*5500 = 488 hours

4.Total labor cost =5500* 3.5555 = 19556 tk.

Manufacturing overhead:

Types of cost

Total cost per month(taka)

Operators salary

10000

Rent

50000

Electricity

6000

Water

550

Maintenance

3000

Others

1500

Insurance

3500