i want u to help me do the project.i attached my friend project which has same productthe same product which talking about an oven cooker can cook the food by the sun light without using any fire or...

Engineering Practice ES342
EPG Corporation
By:
EPG Corporation
Executive summary:
Mission Statement : Creating renewable and efficient energy sources and making cooking easy
Product and Market scope : Lower and middle income group.
Basis for differentiation : No power consumption and saving costs on power.
Strategic Resources:
1) Utilization of renewable energy resource
2) Engineering knowledge of acoustics, mechanics, and electronics
3) A rising public desire for clean, efficient energy
Target Consumers- Mainly middle and low income consumers
Marketing and support:
- Sales Promotions
- Distributing pamphlets about conservation of renewable energy
- Advertisement in magazines
Pricing model: Manufacturing Price - $1,200
Sales Price - $3,000
Suppliers: China based Manufacturers.
Other Partners: Parent company: Exxon Mobil
Table of Contents:
Executive Summary
Introduction:
Company Name
Product
Organization Chart
Drawing
Project Planning:
Competition
Regulation and Codes
Business Model
License and Permits
Finance:
Estimated Cost
Capital
Other considerations
Conclusion
Appendix
Introduction:
The name of our company is EPG Corporation. The name itself reflects the products of the company. Our product is Solar Cooker used for producing electricity and is based on the new concept of silence technology, the same that is used to make noise reducing helicopters. Our product concept is a Portable Solar Cookers. A solar cooker is a heavy appliance; therefore it is not easy to ca
y. Hence, we have tried to develop an alternative of solar cooker which can be folded and kept in a small space easily without the fear of getting
oken. We have partitioned the body of the solar cooker so that it can be folded. Thus making it very portable and increasing its utility to outdoor travelling. Thus, it is no more than a simple household appliance.
Organizational Chart
Drawing:
Project Planning
Competitors and Comparison with our Product
This field has a lot of big companies putting research and development money down to create the newest technology. The top three world companies in this market are GE power, Vestes, and Alabama Electric. Exxon Mobil being a largest producer of Oil and Natural Gas in the world is expanding into the field of other renewable sources of energy for producing power. So it would have to compete with the competitors described above. The manufacturing and R&D costs for the company would be high, but keeping in mind this aspect the sales cost of the product would also be quite high.
EPG Product Comparison
    Company/Details
    Price
    Portability
    Efficient Production
    Ease of
use
    Afte
sales
services
    EPG
Incorporation
    Yes
    Yes
    
    
    
    Maste
Engineers
    
    
    
    Yes
    
    Vestes
    
    
    Yes
    
    
    GE
    
    
    
    
    Yes
This chart shows the areas in which Solar Cooker will be able to lead the market based on our cu
ent designs. Solar Cooker leads in the categories of sound out put because of the new design that we are using. Solar Cooker product is cheaper because of this smaller design it will cost less to manufacture and construct on sight. The rest of the categories, especially efficiency, are a part of our development plans. The market is all very close with efficiency values; there is not a distinct leader. Because Vestes has the largest market share cu
ently they are able to give their customers more efficiency because they have the most field-testing.
As far as efficiency in working is concerned, we are making intense efforts in this direction. However, International Engineering and Trading Co definitely has an edge over others. It is an established organization and with its positive and innovative attitude, it has been able to carve an niche...