zero accident cars

7/29/2019 Zero Accident Cars

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ZERO

ACCIDENTCARS


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WHY a ZERO ACCIDENT

CAR?


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Cause of Road Accidents :

According NHTSA , 99 % of all investigatedcrashes were caused or contributed by drivers

behavior or error.

Driver inattention

Alcohol Impairment

Speeding Perceptual Errors

General reasons :


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Statistics

Nearly 1.3 million people die in road crashes eachyear, on average 3,287 deaths a day.

In a dubious distinction for India, the World Health

Organization has revealed in its first ever GlobalStatus Report on Road Safety that more peopledie in road accidents in India than anywhere elsein the world.

In 2007, 1.14 lakh people in India lost their lives inroad mishaps

Source: Official WHO site : http://www.who.int
http://www.who.int/http://www.who.int/


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Road traffic injuries will rise to become the 5th

leading cause of death by 2030.

Road traffic injuries are consistently one of the top

3causes of death for the people aged between 5

44.

The global losses due to road traffic injuries areestimated to be$ 518 bn .

So the ZERO ACCIDENT CAR is a viable

solution to this problem.


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Technical Developments :

ABS Air Bags

Traffic interaction program &GPS

Three-point safety belt

Driver Alert Support

Power and automaticSteering


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Since the product is innovative and new to themarket , it will be pioneering in this field and therewill almost be no competition to the companys

sales initially.

Economic Benefits :


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Many State governments areready to adopt safetymeasures in this respect and,

if a legislation is passed toenforce compulsory safetydevices, then the companywill incur huge profits.


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No transportsolutions can be

ultimately successfulunless they are safe.


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Tie-ups can be set up with companies interested inthis design to ensure guaranteed returns.


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Provision of an external attachment as well asdesign modifications to the existing passengermotor vehicle design to significantly reduce fatalaccidents.

This external attachment would be of low cost andhence customers will be willing to buy it.

This device will ensure safety of passengers in acar.

Consumer perspective :


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TECHNICAL

ANALYSISProducts are developed based on the following

technologies and problems faced by drivers intraffic:


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The Automatic Distance Control

Consists of ultrasonic sensors or laser sensors ,

feedback systems along with additional links to thebraking system. The driver pre-sets the speed rangewithin which you want the system to work. If you aredriving too close to the car in front, it will warn you in twostages. First, with visual and sound signals, and then

with a short braking jolt, if necessary bringing your car toa stop. Similar sensor systems are installed on the sideto prevent non head to head collisions.


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Cost of Auto Distance Control

Commodities Cost in Rs.

Ultrasonic Sensors Rs.600

Links Rs.200

Miscellaneous Rs.100

Total Rs.900


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Lane Assisting System

Lane Assisting System stops the car from driftingout of its lane, reducing the chance of an accident


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The lane keeping system uses a camera locatedin the rear-view mirror unit to monitor the roadmarkings and prevent an unintended deviation.

The system only intervenes if the indicators are notactivated, so if you do want to change lanes andsignal your intention, the intelligent systemrecognizes this and switches off.


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Cost of Lane Assisting System


Color Detecting Camera Rs.500

Sensors Rs.200

Links Rs.100

Miscellaneous Rs.100

Total Rs.900


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Proximity Sensing TechnologyThe system consists of a set of sensors giving a

view of what is present in the blind spots of thedriver.

The system is designed to alert you only whennecessary: stationary objects or oncoming vehicles

do not trigger warnings. It also ignores vehicleswhich are more than one lane across, so one is notdistracted with frequent warnings.


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Cost of Proximity Sensing Technology


Sensors Rs.600

LED Display Rs.200

Alarming System & Misc. Rs.100

Total Rs.900


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Uphill Locking Technology

This technology stops your car fromaccidentally rolling backwards when you're

stationary, or setting off on a hill

It's convenient, more comfortable, and

safer in situations where the car needs to bekept stationary with the engine running


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Cost of Uphill Locking Technology

Commodities Cost

Sensors Rs.500

Links & Misc. Rs.200

Total Rs.700


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Electronic Stabilization Technology


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EST predicts what your car is about to do. Ituses sensors to monitor the progress of yourwheels and the moment they start to slip, ESPtakes over by:

Applying the brakes to one or more wheels

Reducing engine power if necessary

This fast, effective reaction stops skiddingbefore it begins.


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Cost Of Electronic Stabilization

Commodity Cost

Sensors Rs.600

Links & Misc. Rs.300

Total Rs.900


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Googles Auto driving Car

Google along with Stanford University is experimenting on a

car which drives on its own. It uses Simultaneous Localization and Mapping technique

along with GPS and other systems to navigate. However theproject turned out to be very expensive .


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Total Quality Management

Definition: Integrative philosophy of management forcontinuously improving the quality of products andprocesses.

Methods:

Maintenance Service would be provided with in certainperiod of time .

Defected devices will be replaced with in the period ofwarranty and the cause of defects is taken into account forthe quality improvement of the products .


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Commercial Analysis

Expenditure:

Fixed Costs: The Expenses that do not change as a function of theactivity of a business ,within the relevant period.

Variable costs: The Expenses that change in proportion to the activity of abusiness.


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Expected Expenditure :

Fixed Costs :

Profitability Cost per Annum (in Lakh)

Land 110

Wages 25

Salaries 30

Travelling 10

Promotion 50

Administrative Overheads 10

Repairs & Maintenance 5

Total Fixed Cost : 240


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Variable Costs :

Profitability Cost per Annum (in Lakh)

Raw material 270

Power Consumption 150

Packing 30

Consumables 70

Freight Charges 50

Miscellaneous 100

Total Variable Costs 670


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Total Fixed Costs : Rs.240 lakh

Total Variable Costs : Rs.670 lakhTotal Costs : Rs.910 lakh

(assuming other costs as Rs.10 Lakhs)

So , total cost is Rs 920 lakh

Capacity is 2 Lakh, and assuming 50 % capacity utilization.

Total number of products manufactured is 1 Lakh.


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Total Revenue :

Selling price of each product is Rs.1500/-.

Assuming that th of the total products are sold.

Total Revenue : 1500 x 75,000= Rs.1125 lakh

Profit achieved per annum is Rs.205 lakh .


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Degree Of Leverage:


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Break Even Point

Break-even (or break even) is the point of balancebetween making eithera profit or a loss. This is one of the

most important concerns of a budding company

Fixed Cost

Sales Variable CostX Sales

Break Even Sales :


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For the data shown in the previous slides, theBreak even sales came out to be 41,900.


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Strategies

GlobalizationIndia is just the 5th largest producer of cars in the world. So,

globalizing the firm would result in increase of profits.

DiversificationAs we enter the global market, we start diversifying the

products for two and three wheelers and heavy vehicles such astrucks etc

Government LegislationContacting government over the proposal of compulsory

safety devices in cars.


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Advertisements

Creating awareness among people regarding theadvantage of using our products.

At the initial stage the company focuses onadvertisements to contribute for sales but later ondecisions will be taken considering theadvertisement elasticity.


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Conclusion

The statistics in the previous slides prove thatsetting up this firm is profitable both economically

and socially.

The firm is also ensured guaranteedeconomic benefits.


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THANK YOU


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Chetan Varma -10ME01026

Praveen -10ME01027

Sriram Raju -10EE01024

Udaya Bhaskar -10EE01007

Tarun Varma -10EE01043

Satish Kumar -10EE01047

Rohit Kumar Singh -10EE01002

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