Research & Development By: Mina Pi and Julia Neverova

AGENDA History of the Project R&D Purpose in Image Fx R&D Purpose in General Mission Statement Budget The Big Picture

HISTORY OF THE PROJECT

R&D: WHO WE ARE-WHAT WE DO Idea Research Product

Mission Statement The R&D’s mission statement is to combine our expert knowledge in the areas of ergonomics, chemistry, physics, biology, and engineering design in order to create practical, stylish eyewear.

GRAND TOTAL $1,380,700

R&D PROPOSED BUDGET Direct Materials $140,200 Direct Labor $1,005,000 Other Direct Costs$150,000 Indirect Labor $65,000 Indirect Material $20,500 $1,380,700

Idea, Research: Can it Become Reality? Our mission will change R&D department will undergo structural changes Quality should not be sacrificed Innovation- for better or totally different

Class 1000 Clean Room $65,000 Eclipse LX Surface blocker$17,000 SGX turbo Surface Generator$12,500 Acuity Finer and Polisher(2) $18,000 Stratum Lens Coater$9,000 Kappa SP Lens Finishing System$6,500 Innovations Lab Software$1,200 Consumables$11,000 Total $140,200 Direct Materials

Direct Labor Director R&D$110,000 2 Associate Directors$180,000 Chief Design Engineer$85,000 Design Engineer (6)$420,000 Technician (6) $210,000 Total $1,005,000

Other Direct Costs Travel $55,000 Consultants $60,000 Special Testing ** $35,000 Total $150,000 * Use Target pool / direct labor **XPS/SIMS Surface analysis (Columbia University)

Indirect Labor Custodial staff$30,000 Security $35,000 Total $65,000

Indirect Materials Office supplies $5,500 Utilities (laboratory)$15,000 Total $20,500

GRAND TOTAL $1,380,700

R&D: The Big Picture