Calculating the Results Participant Work Sheet Your Team Goal: Quality "Thingamajigs" Profit
Costs: 1. Cost of Time/Labor: 10 min. x $1/min. = $ 2. Total Cost of All "Thingamajigs" Produced: x = $ 3. Total Cost of All Components On-Hand After Manufacturing Period: a) Buttons x = $ b) Paper Clips x = $ c) Large Rubber Bands x = $ d) Small Rubber Bands x = $ e) Clothes Pins x = $ f) Total (a+b+c+d+e) = $ 4. Sub-Total of All Manufacturing Costs (Line 1 + Line 2 + Line 3) = $
Income 5. 1st 10 Quality "Thingamajigs" @ $1.50 each x = $ 6. Over 10 Quality "Thingamajigs" @ $1.00 each x = $ Memo: You have no market for "Thingamajigs" in excess of your goal.
7. 1st 10 Quality "Thingamajigs" (Line 5 + Line 6) = $
8. Profitability (Line 7 - Line 4)
Line 7 $ Line 4 ($) Profit/Loss $
Check One: Business Success Unhappy Shareholder Business Failure
Check One:
Business Success Unhappy Shareholder Business Failure
Copyright @ 1995 by Charles D. Collins, Peter E. Gunterman, and Suzanne H. Zolnick for use by The House of Seagram, Manufacturing Division.
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