st. luke’s lucrative lunchbox challenge 2015 st. luke’s lucrative lunchbox challenge 2015 the...
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St. Lukes LUCRATIVE LUNCHBOX CHALLENGE 2015 The TYCOONS of TOMORROW
PROJECT planIn Maths In groups of four create a poster advertising your lunchbox design Find cost of design, promotion and materials. Exploring working within a budget.
Costing LunchboxCalculate the surface area of your lunchbox showing full, clear workingIllustrate dimensions on net and/or prototype
Net templates can be downloaded here
You have 2 additional days this year Thur 5th, Fri 6th NovemberMonday 9th November design lunchbox and poster (leave space for Business Studies Input)Tuesday 10th November finish poster, net, costings and start finance planWednesday 11th November Business Studies InputThursday 12th November All groups present project to class. Choose winner for Friday.Friday Selected group present to Dragons in library.
LUCRATIVE LUNCHBOXESWhen designing your lunchbox:Consider shapes Consider colour schemeCreate a tagline/slogan for your posterConsider target market for productList 3 REASONS why the dragons should select your LUNCHBOX designFind one design issue or problem.
LUCRATIVE LUNCHBOXESThenCalculate the net of your lunchbox designThen calculate how much the PROTOTYPE will cost to make by considering price of materials (Plastics, PVC, metals etc.)Then create a basic projected finance plan stating how much profit you anticipate making.
DRAGONS DENThe S2 business tycoons of tomorrow will then FACE THE DRAGONS!...Perform a short presentation referring to your posterState THREE reasons why the dragons should select your lunchbox design State the cost of prototype and projected sales figures.
LUNCHBOX 1Health and WellbeingTASTY TEMPERATURES LunchboxThis Lunchbox combines a cool compartment for juice, fruit and yoghurtsANDA thermos for soup, hot chocolate etc.Ensuring your lunch is always at the right temperature.
Lunchbox 2Health and WellbeingCLEVER CAL CONTROL LunchboxThis lunchbox contains a scanning system (or iphone app) to calculate the total CALORIE content of your lunch.An alarm sounds if you have exceeded GDAs.A message appears if the sugar or salt content of your lunch is ABOVE your GDA.
Lunchbox 3Health and WellbeingANTI ALLERGY LUNCHBOXThis lunchbox can be individually programmed to particular allergies e.g. PEANUT ALLERGYSOFTWARE scans the ingredients list of packet goods within your lunchbox and an alarm sounds if there are any peanuts.Alarm sounds if your lunchbox is in close proximity to a PEANUT product within a 10 metre radiusIt contains a compartment for Allergy medicine e.g. EPIPEN It has GPS programmed to show the quickest route to the nearest hospital in case of an EMERGENCY.
Lunchbox 4Health and Wellbeing LUNCH on THE GO LunchboxThis lunchbox has a built in PEDOMETER to show how many STEPS you have taken over the course of the day.It is sensitive to vibrations of your school when walking
It generates weekly and monthly targets to improve your daily walking.
PRODUCE YOUR POSTERIN GROUPS;-IDENTIFY YOUR UNIQUE SELLING POINTIDENTIFY YOUR TARGET MARKETCOME UP WITH A CATCHPHRASECONVINCE PEOPLE TO BUY !CONVINCE THE DRAGONS TO INVEST!WITH A CREATIVE ORIGINAL POSTER DESIGN!
PRODUCT TITLEPRODUCT IMAGE (pencil drawing) with annotations on design features UNIQUE SELLING POINTCATCHPHRASE or SLOGAN
Things pupils should learn within financial education week before presentation:Definitions of:EquityFinancial projections (profit/loss)Basic financial informationUnique Selling PointCost of sales discuss how to lower these costs e.g. by changing supplier (comparing contracts), increasing volumeProfit (net and gross)- How to create a net of a shape and consequently its 3D shape.- How to calculate the cost of this net shape given the cost of different materials.- Discuss which shape would give optimum volume with least cost to make??- Create a presentation with poster to enhance presentationProduce a report/evaluation on how this project will impact on their future life decisions.
Questions pupils will be expected to answer:What is the product you would like us to invest in?How much investment would you like and for what amount of equity?Why should I invest in your product? (What is the unique selling point?)What are your financial projections for this year and the next two years?Pupils should also be able to confidently handle any negotiation for equity within the den.