Project Acoustic Panel

Presonus is diversifying into a new product line: acoustic panels for home studios. Market – Owners of home recording studios Online sales Tasks Design, prototype and conduct a feasibility analysis Design aspects of production and work procedures OPPORTUNITY

ACOUSTIC PANEL

CONSTRUCTION

insulation-materials/diy-kits-1 $45.89 COMPETITION

Objectives Design high performance acoustic panels to be used in home recording studio 24” wide x 48” tall Efficient Hz absorbing material -- 3” depth minimum Light-weight but durable High “quality” construction and professional look Balance cost and time with goal of precision and minimum waste Can be hung from wall, ceiling or can be free standing Competitively priced Roll Out Date: July 25

Knowledge Base

Suppliers Lowes Supercenter Hobby Lobby Walmart

Equipment and Materials EquipmentBulk CostQtyPer Unit Saw Screwdriver Hammer Ruler Staple Gun Clamps Shop Vacuum MaterialsBulk CostQtyPer Unit Screws Nails Staples Glue Lumber for frame Insulation Cover material Hardware

Labor Number of laborers Responsibility for each Rate per hour based on required training for responsibility Number of hours per unit

Efficiency and Effectiveness

Execution of Managerial Functions

Responsibilities at all Levels Considered

Appropriate Departmentalization

Strong Competitive Advantage

Authority Established

Control and Feedback Loops in Place

Schedule Design Identify resources needed including: Equipment Materials Labor Construct prototype Feasibility - Determine fixed and variable costs for prototype Design work process, rules, and goals for quantity and quality Seek financing Limited production run Corrective action Marketing Scale-up and push product

Analyses Design Prototype Budget Spec Sheet Cost per unit analysis Work process Strategy Quality control Reward system