Cost/ Profit Estimate
| Startup Cost | Min Market | MSRP | Projected Profit | Competition |
- Startup Cost- Funds for completion from current status
- Min Market- The smallest expected market
- MSRP- STD notation based on direct net sales from parent company using COTS price components(worst case) and 2024 min wage
- Projected Profit= MSRP(Minus manufacturing cost) x Min Market
- Competition-Other designs in production found online
Description
Quick description of use and design
Manufacturing progress
- Design – solidified
- Working Prototype- functional prototype built
- Fabricated Finished Product- Ready for prime-time device
- Uses Std Manufacturing equip- defines if manufacturing equipment is all COTS or Requires some special equipment
Device Progress Overview
- Found need- Few or no design to solve problem
- Tested multiple Designs- tried multiple design to select final
- Compared to current STDs- Checked against current manufacturing and human safety standards
- Field tested- Current prototype in the real world
- Sales Reviewed- compared against other devices and costs on line
Device Progress Colors
Green – section complete, Yellow Functional outline only, Gradient – In process
