The ET students at SWOSU are launching a business
manufacturing homework-completing robots. There are roughly $253.22
in material costs for each robot (including waste), and the hope is
to sell them at the bargain price of $399.99 each. Since they're
using the facilities in the ET department, they aren't planning to
purchase equipment until after they graduate (2 years from now).
They expect to sell 23 robots each quarter until they graduate.
Then, they'll invest $23,456.78 in equipment and facilities to grow
the business on their own. Once they're running this full-time as a
business they expect to be able to produce and sell at higher
volumes, and the ongoing expenses (in addition to the material
costs) for this phase of their business will be $1,234.56 per
month.
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