Transcript Research & Development

Research &
Development
By: Mina Pi and Julia Neverova
AGENDA
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History of the Project
R&D Purpose in
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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
www.foresightoptical.com
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.
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GRAND TOTAL
$1,380,700
R&D PROPOSED BUDGET
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Direct Materials
Direct Labor
Other Direct Costs
Indirect Labor
Indirect Material
$140,200
$1,005,000
$150,000
$65,000
$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
Direct Materials
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Class 1000 Clean Room
Eclipse LX Surface blocker
SGX turbo Surface Generator
Acuity Finer and Polisher(2)
Stratum Lens Coater
Kappa SP Lens Finishing System
Innovations Lab Software
Consumables
$65,000
$17,000
$12,500
$18,000
$9,000
$6,500
$1,200
$11,000
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Total
$140,200
Direct Labor
Director R&D
2 Associate Directors
Chief Design Engineer
Design Engineer (6)
Technician (6)
$110,000
$180,000
$85,000
$420,000
$210,000
Total
$1,005,000
Other Direct Costs
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Travel
Consultants
Special Testing **
$55,000
$60,000
$35,000
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Total
$150,000
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* Use Target pool / direct labor
**XPS/SIMS Surface analysis
(Columbia University)
Indirect Labor
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Custodial staff
Security
Total
$30,000
$35,000
$65,000
Indirect Materials
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Office supplies
Utilities (laboratory)
Total
$5,500
$15,000
$20,500
GRAND TOTAL
$1,380,700
R&D:
The Big Picture