Hi guys, I will explain further the criteria for Winning Engineering Economy Final Assignment, read carefully!

• Creativity and Idea (30%)

Your proposed product/service must be unique, original and can help daily activity, make it simple, more meaningful for daily activity.

 

 

• Support Relevant Data (30%)

Make sure that there might be many people who are willing to buy your product or service. Support you business plan with relevant data, trusted sources, and convincing to investor (in this case, I will be this investor). You should collect cost information regarding to your business in trusted sources. Estimate the break even point, selling price, cost of goods sold etc.

 

• Provide Math analysis (40%)

I have already given you methods for feasibility study such as NPV, FW, AW, IRR, Payback period and BCR. All those things are math analysis that must be included in your business plan. Don’t forget to select criteria that must be selected whether the proposal is rejected or not.

 

Ok that’s all I give it to you guys!, have a great day and good luck!