During the one seminar I attend, they asked us to build a ship in given time and should complete build the ship with certain specification and ready to sale. I said I'd give it a try, but I not know the purpose of learning anything good things in this activity.
Okay, let me ask you all guys to try and think what you learn.
A. Average time to build a ship:
First Model 50 second
Second Model 80 second
B. Material cost for each model:
RM 10,000 1-3 model
RM 9,500 4-7 model
RM 9,000 8> model
C. Sale price for each model
First Model RM 13,000 each
Second Model RM 14,000 each
D. Fine for each different between first and second estimation is RM 500 for each model
(Follow the instruction below for Model 1 and Model 2)
1a) Estimate time to build a ship within 5 minute?
b) Investment cost for material (2a x material cost)
c) Different between 1a and 2a
d) Fine (2c x RM 500)
3a) Ship complete build
b) Number of sold ship
c) Sale in RM (3b x sale)
d) Investment cost (2b)
e) Profit/Loss (3c - 3d)
f) Fine (2d)
g) Profit/Loss (3e - 3f)
Let see how many ship can you build. Remember if the ship not meet the spec, you can not sell.