Philippine E-Journals

Production and Marketing of Ergonomic Optical Frame from Thermoplastic Elastomer

Trebormeg Contawe | Monique Pascual | Billy Joe Oruga

 

Abstract:

The study determined the feasibility of producing an ergonomic optical frame from thermoplastic elastomer at a reasonable price. It aimed to be profitable, marketable, and distinctive amongst other eye frames. The residents of Calamba City, Cabuyao City, and Sta. Rosa City will be the target market. Bilconique Manufacturing Co. is geared towards achieving a greener environment by using a recycled material as its major ingredient. The project cost will be Php 8,643,453 including the fixed assets, working capital and the 10% contingency. The payback period will be 1.98 years and the average return of investment will be 81.48% every year. Furthermore, the mode of financing will be through the partners’ equal capital contribution, amounting to Php 2,881,151.00 each. Analysis of the survey and interview results supported the profitability of the business venture. The technical study optimized the master production plan and obtained the effective and efficient technological alternatives for accurate cost estimates covering the fixed assets, overhead, and plant location. The project would provide jobs that would lessen the unemployment rate of Sta. Rosa City by 0.027% and 0.001% for national unemployment. The taxes that would come from the business would help in the community development. Moreover, Bilconique Iespectacle would implement proper waste disposal by having a solid waste management facility and wastewater treatment facility.