IND 3500 AMALAM PROFESSIONAL

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Introduction

Flexi pod is a concept of High Tech Minimalist
Concept which is adding a exercise features
together with the push back table.

Idea

The design of this exercise bikes gives user
stays healthy. You can use it as a part
exercise bike or part standing desk
according to your needs.The bicycle frame
made of steel is very firm and stable .

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The Positions The Features

Adjustable Height Cushion Seat

Front View Back View Water Bottle Holder
Hand Grip
Top View Side View
Locking mechanisme underneath chair
Push Up
Table

Adjustable wheels

The Ergonomic Position
The Colours

Front Back

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Product Costing

To Produce 100 Units Flexi Pod

DIRECT MATERIAL COST LABOR COST

Raw Materials Supervisor (RM 1,700 X 1 Worker) RM 1 700.00
Pine Wood Joint Board RM 1 800.00
Steel Round Bar Round Rod RM 1 140.25 Designer (RM 1,800 X 1 Worker)
Foam Cushion RM 12 800.00
PVC Pedal RM 1 500.00 Production Crew (RM 1,600 X 8 Workers)
PVC Wheels RM 5 800.00
Fabric RM 1 176.00 Total RM 16,300.00
PVC Bottle Holder RM 1 050.00
Rubber PERIOD COST RM 1 000.00
LED Strips RM 600.00 RM 168.00
RM 400.00 Transportation (Lorry) RM 160.00
RM 375.00 Instagram Ads (Reach 10000 to 28000)
RM 273.00 Facebook Ads (Reach 10000 to 20000) RM 1 328.00

Packaging Costing RM 110.95 Total
RM 409.00
Black Strap Wrap
Cardboard

Total RM 12,834.20 Quatation

OVERHEAD COST Total Cost (100 units) : RM 33,157.10

Rent Bills RM 1 000.00 Total Cost (1 unit) : RM 332.00
Production Utilities
Water RM 250.00 Markup Price : RM 332.00+200%
Electricity RM 300.00 RM 996.00
Profit
Indirect Materials RM 800.00 : RM 996.00 - RM 332
RM 245.00 : RM 664
Screw RM 99.90
Nippon Paint RM 2 ,694.90 Profit Margin : RM 664.00 X100
Wood Finishing RM 996.00

Total : 66.67%

Product Life Cycle

Source Image: The four stages of the product life cycle are introduction, growth, maturity, and decline
https://www.thestreet.com/markets/commodities/product-life-cycle-14882534

Introduction During the introduction stage, marketing and promotion are at a high, and the company often invests
quite a bit of effort and capital in promoting the product and getting it into the hands of consumers.

Growth During the growth stage, consumers start taking to the product and buying it. The product concept is
Maturity proven as it becomes more popular, and sales increase.
Decline
When a product reaches maturity, its sales tend to slow, signaling a largely saturated market. At this
point, sales may start to drop. Pricing at this stage tends to get competitive, so profit margins shrink as
prices begin to fall due to the weight of outside pressures like increased competition and lower demand.

In the decline stage, product sales drop significantly, and consumer behavior changes, as there is less
demand for the product.

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