ASSESSMENT

$2$

Question

$1$

Develop a business plan

$($

according to the textbook outline

$)$

$$for an Innovative product

or service. This product or service must be of

$4$

IR in nature

$($

Fourth Industrial

Revolution

$)$

$.$

$$You have to apply industrial engineering tools and or methodologies.

NOTE: Businesses such as hair salons, laundry, chisa

$-$

nyama, car washes, loan sharks, etc. are not

permitted. Please ensure that your business solution is technologically aligned. You can design a

product from scrap material, recyclable into reusable products that can be sold at cost

$.$

Assessment

$2$

$$will cover the following aspects of the business plan:

EXECUTIVE SUMMARY

COMPANY PROFILE

$/$

$$BUSINESS DESCRIPTION

PRODUCTION

$/$

$$OPERATIONS PLAN

$3$

$.$

$1$

PRODUCTION PROCESS

$/$

$$OPERATIONS

$3$

$.$

$2$

LOCATION ADVANTAGES

$3$

$.$

$3$

CAPITAL EQUIPMENT.

$3$

$.$

$4$

PERSONNEL

$3$

$.$

$5$

$$QUALITY CONTRO