[A feasibility study on lampara (Light Visions, Inc.)]

Success comes after hard work. Light Visions Inc. has always been directed by this saying. Pure hard work instilled in ten talents would surely be the best in their field, thus, leading them to succeed...with flying colors! The product of these creative minds is Lampara, a lamp made of screen wires...

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Main Authors: Aquino, Patricia, Cacnio, Irene, Dela Torre, Janice, Estrada, Jo Karen, Felipe, John Roderick, Lapa, Paulo, Natino, Jenet Orosco, Rana, John Paul, Tapia, Ferdinand Romulus Enriquez, Yutuc, Ma. Rachelle Enriquez
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Language:English
Published: Animo Repository 1999
Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/17026
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-175392022-01-06T03:35:16Z [A feasibility study on lampara (Light Visions, Inc.)] Aquino, Patricia Cacnio, Irene Dela Torre, Janice Estrada, Jo Karen Felipe, John Roderick Lapa, Paulo Natino, Jenet Orosco Rana, John Paul Tapia, Ferdinand Romulus Enriquez Yutuc, Ma. Rachelle Enriquez Success comes after hard work. Light Visions Inc. has always been directed by this saying. Pure hard work instilled in ten talents would surely be the best in their field, thus, leading them to succeed...with flying colors! The product of these creative minds is Lampara, a lamp made of screen wires in parchment paper, offers good quality for a relatively low price. In the technical study, the Light Visions Inc. were able to assess the various ways of manufacturing its product Lampara. The assembly line method is the most preferred since it could finish one (1) unit in 53.06 minutes, as compared to the job shop method which ends in 128.72 minutes. Fifteen (15) units can be produced per production day, employing at least two (2) workstations with a 91.73% proponents' efficiency. The only data gathering procedure that the group conducted is a survey of its primary market, that is, homemakers ranging from 20-50 years of age. The proponents determined their samples size by using the stratified random sampling method. 63.82% of the total respondents are interested in buying the product, ascertaining its Gross Market Acceptability Ratio (GMAR). The proponents decided to have a value-based pricing which amounts to P 350.00 with a 35.5% mark-up. Promotion of Lampara would mostly be through bazaars, flyers, brochures and periodicals, also by convincing interior designers to sell their lamps. In the management and legal study, Light Visions Inc. would have a P 25,000.00 initial capital, contributed by each proponent with the amount of P 2,500.00. Also, the corporation has P 25,000.00 authorized capital stock, which is fully subscribed and paid. Management of all business operations is vested to each of the proponents, thus, making them responsible for their assigned tasks and duties. It is also in this study that the proponents ascertained the different activities scheduled for every month for greater efficiency and viability of the whole business venture. In ten months of operation, P 45932.88 will be earned as profit for the Light Visions Inc. The return on investment is 1.84, meaning, for every one peso investment the incorporators make will yield a 184% gain. In assessing the possible benefits of the Light Visions Inc. to the different sectors of society, the proponents identified some which includes the government played by the school, competitors, consumers, suppliers and the environment. Thus, the entry of the Light Vision Inc. in the market will yield an equal share of threat as well as benefits for some. Thereupon, the proponents deem Lampara feasible. 1999-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/17026 Bachelor's Theses English Animo Repository
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
description Success comes after hard work. Light Visions Inc. has always been directed by this saying. Pure hard work instilled in ten talents would surely be the best in their field, thus, leading them to succeed...with flying colors! The product of these creative minds is Lampara, a lamp made of screen wires in parchment paper, offers good quality for a relatively low price. In the technical study, the Light Visions Inc. were able to assess the various ways of manufacturing its product Lampara. The assembly line method is the most preferred since it could finish one (1) unit in 53.06 minutes, as compared to the job shop method which ends in 128.72 minutes. Fifteen (15) units can be produced per production day, employing at least two (2) workstations with a 91.73% proponents' efficiency. The only data gathering procedure that the group conducted is a survey of its primary market, that is, homemakers ranging from 20-50 years of age. The proponents determined their samples size by using the stratified random sampling method. 63.82% of the total respondents are interested in buying the product, ascertaining its Gross Market Acceptability Ratio (GMAR). The proponents decided to have a value-based pricing which amounts to P 350.00 with a 35.5% mark-up. Promotion of Lampara would mostly be through bazaars, flyers, brochures and periodicals, also by convincing interior designers to sell their lamps. In the management and legal study, Light Visions Inc. would have a P 25,000.00 initial capital, contributed by each proponent with the amount of P 2,500.00. Also, the corporation has P 25,000.00 authorized capital stock, which is fully subscribed and paid. Management of all business operations is vested to each of the proponents, thus, making them responsible for their assigned tasks and duties. It is also in this study that the proponents ascertained the different activities scheduled for every month for greater efficiency and viability of the whole business venture. In ten months of operation, P 45932.88 will be earned as profit for the Light Visions Inc. The return on investment is 1.84, meaning, for every one peso investment the incorporators make will yield a 184% gain. In assessing the possible benefits of the Light Visions Inc. to the different sectors of society, the proponents identified some which includes the government played by the school, competitors, consumers, suppliers and the environment. Thus, the entry of the Light Vision Inc. in the market will yield an equal share of threat as well as benefits for some. Thereupon, the proponents deem Lampara feasible.
format text
author Aquino, Patricia
Cacnio, Irene
Dela Torre, Janice
Estrada, Jo Karen
Felipe, John Roderick
Lapa, Paulo
Natino, Jenet Orosco
Rana, John Paul
Tapia, Ferdinand Romulus Enriquez
Yutuc, Ma. Rachelle Enriquez
spellingShingle Aquino, Patricia
Cacnio, Irene
Dela Torre, Janice
Estrada, Jo Karen
Felipe, John Roderick
Lapa, Paulo
Natino, Jenet Orosco
Rana, John Paul
Tapia, Ferdinand Romulus Enriquez
Yutuc, Ma. Rachelle Enriquez
[A feasibility study on lampara (Light Visions, Inc.)]
author_facet Aquino, Patricia
Cacnio, Irene
Dela Torre, Janice
Estrada, Jo Karen
Felipe, John Roderick
Lapa, Paulo
Natino, Jenet Orosco
Rana, John Paul
Tapia, Ferdinand Romulus Enriquez
Yutuc, Ma. Rachelle Enriquez
author_sort Aquino, Patricia
title [A feasibility study on lampara (Light Visions, Inc.)]
title_short [A feasibility study on lampara (Light Visions, Inc.)]
title_full [A feasibility study on lampara (Light Visions, Inc.)]
title_fullStr [A feasibility study on lampara (Light Visions, Inc.)]
title_full_unstemmed [A feasibility study on lampara (Light Visions, Inc.)]
title_sort [a feasibility study on lampara (light visions, inc.)]
publisher Animo Repository
publishDate 1999
url https://animorepository.dlsu.edu.ph/etd_bachelors/17026
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