manufacturing the heartbeat of society.. two choices choice one you may choose to become an...

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Manufacturing The heartbeat of society.

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Choice One: Company/Entrepreneur Choice One You may choose to become an entrepreneur and open your own company with the goal of producing refrigerator magnets to make the greatest possible profit. Your design criteria is to develop several concepts of a refrigerator magnet that you think will make your company a large profit. You will choose: mass, job lot or custom production. You will calculate costs versus selling price to determine profit. Your constraints will include many of the seven resources of technology, such as: Materials Time Capital Machines & Tools Budget

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Page 1: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

ManufacturingThe heartbeat of society.

Page 2: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

Two ChoicesChoice OneYou may choose to become an entrepreneur and open your own company with the goal of producing refrigerator magnets to make the greatest possible profit.

Choice TwoYou may choose to become a problem solving entrepreneur who solves problems for companies or individuals who cannot find a solution on their own.

Page 3: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

Choice One: Company/EntrepreneurChoice OneYou may choose to become an entrepreneur and open your own company with the goal of producing refrigerator magnets to make the greatest possible profit.

• Your design criteria is to develop several concepts of a refrigerator magnet that you think will make your company a large profit.

• You will choose: mass, job lot or custom production.

• You will calculate costs versus selling price to determine profit.

• Your constraints will include many of the seven resources of technology, such as:• Materials• Time• Capital • Machines & Tools• Budget

Page 4: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

Choice Two: Problem Solving/Entrepreneur

Choice Two • Your design criteria is to develop several concepts showing solutions of how to repurpose the poor inventory selections that they made.

• You will choose: mass, job lot or custom production.

• You will calculate costs versus selling price to determine profit.

• Your constraints will include many of the seven resources of technology, such as:• Materials• Time• Capital• Machines & Tools• Budget

You will be asked by a Mom’s and Pop’s business to help them overcome several mistakes they made in their inventory selections.

Page 5: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

You are facing a challenge. What will you create?

Choice One

Page 6: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

We are facing a challenge. Will you help us?

Choice Two

Page 7: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

Let’s Hash Out the Details• Choice One

Entrepreneur/Company• What are the criteria and

constraints?• D.E.A.L. • Brainstorm• What are the seven resources of

technology that you will use?• Closed loop?• Custom, Job Lot or Mass?• Human or Machine Made?

• Choice Two Problem Solver for Mom/Pop• What are the criteria and

constraints?• D.E.A.L. • Brainstorm• What are the seven resources of

technology that you will use?• Closed loop?• Custom, Job Lot or Mass?• Human or Machine Made?

Page 8: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

What Are the Stakes?• Choice One

Entrepreneur/Company• Success of your product = $$$• Failure = ??? (Let’s talk about it.)

• Choice Two Problem Solver for Mom/Pop• Success of your idea = $$$• Failure = ??? (Let’s talk about it.)

Page 9: Manufacturing The heartbeat of society.. Two Choices Choice One You may choose to become an entrepreneur and open your own company with the goal of producing

Resources• Images

• The Company Image http://boabatalnoor.com/en/• The Entrepreneur Image

http://blog.toucan.co/wp-content/uploads/2014/07/00_ENTRE_shutterstock_75395377_659px.jpg• The Problem Solvers

http://4.bp.blogspot.com/-cAGoqHqU188/T__zuKJAdzI/AAAAAAAAAJg/FIMqlB4fYHk/s1600/problem_solver.jpg

• The Mom and Pop Image http://amomsguidetoschoolfundraising.com/how-can-we-get-by-without-mom-pop-shops/

• Inventor http://www.affiliateinventor.com/inventor-$.gif• Light Bulb http://www.davison.com/blog/wp-content/uploads/2012/10/prototyping-my-invention.jpg