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Assignment 2 Case Study

This assignment requires students to work in groups of 3 to 5 members to analyze the feasibility of a new business venture applying engineering economy concepts. Specifically, the groups must analyze a scenario where recent graduates plan to take out a loan to start a business and evaluate whether the business would be profitable and able to repay the loan over 5 to 10 years. The analysis must apply engineering economy procedures, cost concepts, time value of money, and economic equivalence. Students must submit a comprehensive report of up to 20 pages in journal paper format analyzing the business feasibility and applying the required engineering economy concepts. Groups will be assessed based on the quality of their feasibility analysis and teamwork.

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163 views2 pages

Assignment 2 Case Study

This assignment requires students to work in groups of 3 to 5 members to analyze the feasibility of a new business venture applying engineering economy concepts. Specifically, the groups must analyze a scenario where recent graduates plan to take out a loan to start a business and evaluate whether the business would be profitable and able to repay the loan over 5 to 10 years. The analysis must apply engineering economy procedures, cost concepts, time value of money, and economic equivalence. Students must submit a comprehensive report of up to 20 pages in journal paper format analyzing the business feasibility and applying the required engineering economy concepts. Groups will be assessed based on the quality of their feasibility analysis and teamwork.

Uploaded by

Ahmad Fikri
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ENGINEERING ECONOMY (BPK 30902)

Assignment 2: Business Planning

1. Instruction

a) This assignment will be carried out in group


b) Each group consists of a maximum of 5 members and must be in the same
section (minimum is 3 members)

2. Things To Do

a) Students are assigned with a general assignment topic as follows:

Application of Engineering Economy Concepts in Initializing New


Business
A group of UTHM graduates intend to set up a new business. In order to
initiate the business, they plan to apply a loan from the bank or related
institution by assuming that they are capable of paying some amount of
money (i. e. RM 15,000 per year) for 5 to 10 years. Assume the loan interest
rate is 3.25 % per annum. The business will gain amount of profit each year.

Apply engineering economy concepts and analysis as follows:


i) Engineering Economy analysis procedure (in selection of new business)
ii) Cost Concept (in selection of location, total cost, break even point and
profit)
iii) Time Value of Money (in loan payment)
iv) Economy Equivalent (in future business expansion plan)

b) Prepare a comprehensive report using proceeding/journal paper format.


Maximum of 20 pages (excluding Appendices).

c) Proposed contents of the report are as follows:


i) Abstract / Summary of the project
ii) Introduction (e.g. business overview, objective and scope)
iii) Analysis
iv) Discussion
v) Conclusion

d) Outcomes
A comprehensive proceeding/journal paper type report
i) Groups are expected to submit their report in Week 14 (during class
hour)
ii) Language: English

3. Assessment criteria (10%)


a) Evaluate the projects feasibility using an appropriate analysis method (A3,
PLO7)
b) Team Work (A3, PLO5)

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