Monday, May 5, 2008

Major Lesson..?

I’ve been thinking so many time; and probably will never stop thinking..!

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.

Model 1

Model 2

After complete this activity, I’m happy with the outcome and I realize that I learn something. From what you see, do you learn something..? Probably not because you did not try.

Okay, let me ask you all guys to try and think what you learn.

Information

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

Appendix
(Follow the instruction below for Model 1 and Model 2)

1a) Estimate time to build a ship within 5 minute?

2a) Time taken to build one ship (in second)
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.


3 comments:

khairulhizan said...

nice try bro..i have completed 3 in 5 minutes..none accepted..

Shemah said...

owhh kay.. if my life depended on that.. i'd be bankrupt. LOL!

catherine said...

I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.

Julissa

www.hairweavingbasics.com

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