Welcome To Our

Presentation Session

Presentation Topic

Production strategy of our own product

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Prepared for:
Ms. Hemin Ashrafe, Lecturer, Department of Business Administration

The Group Members:

MD. Mahbubul Bari

Md. Sayeed Hossen Mithun Chandra karmakar Md. Samiul Alam

BBA110103894
BBA090203236 BBA090303252

BBA120104522
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Introduction

Varenicline is classified as a nicotinereceptor blocker. The drug binds to the receptors for nicotine within the brain, thus preventing nicotine itself from binding to those receptors. As a result, the drug reduces or eliminates the pleasurable effects people experience from smoking
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Product review

Product Name: CHANTIX Product Type: First Anti Nicotine Drug in Bangladesh.

Objective of my business:

The ultimate goal of my business is to gain profit (max). But I have another objective and that is the social responsiveness. .

Production Technology:
computer base Japanese machine Chinese machine Manual Considering situation: Normal(L=5, C=9) Bad(L=9, C=9)

Production Technology:
Cost-Minimizing Choice Among Alternative Technologies (3500 Tablet) Technology Unit of Capital Unit of Labor Cost(normal) Cost(bad)

Computer
base Japanese machine Chinese machine, Manual

45

18

495

567

34

22

416

504

24

32

376

504

16

40

344

504

Input of Production:

Each tablet cost: Clonazepam USP Troxipide Doxapram Hcl Anti Nicotinic Formula Flower Total

.5mg = .30tk .1mg = .15tk .3mg = .05tk .3mg = .50tk .4mg = .01tk = 1.01tk

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Input of Production:
Each tablet : Labor cost = .50 tk Capital = .30 tk Total = .80 tk So that the total cost is = 1.81 tk (variable) Per day fixed cost is 20000 tk. Per tablet cost is 20000/3500 = 5.71 tk. + 1.81 tk = 7.52 tk.

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Short run and Long run decision:

Short run cost: Quantity 0 1 2 TVC 0 1.81 3.6 MC 1.81 1.79 AVC 1.81 1.8 TFC 20000 20000 20000 TC 20000 20001.8 20003.6 AFC 20000 10000 ATC 20001.8 10001.8

3 4

5.2 7

1.6 1.8

1.73333 1.75

20000 20000

20005.2 6666.66 20007 5000

6668.4 5001.75
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Production functions for Chintax:

Production function
Labor Unit Total Product (Tablet per hour) 0 1 2 3 0 5 20 30 Marginal product of Labor 5 15 10 Average product of labor 5 10 10

4
5

35
38

5
3

8.75
7.6
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Relationship among- Marginal production, Total production, Average production:

Chart Title

Output

Labour Unit Chart Title

Output

Unit of labor

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Relationship among- Marginal production, Total production, Average production:

Figure 4. Average product vs. Marginal Product

Marginal product of Labor Average product of labor -

Figure 3. Average Product of Labour

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Comments:

Comment: The slope of the total product is highest thus marginal product is highest. Comment: When average product is maximum, Marginal product= Average product. When average product falls marginal product is less than average product.

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Profit Maximization and cost minimization strategy:

Increase Revenue [sell more] Decrease Expenses [cut costs] Outsource Raise Your Prices Find A New Energy Supplier Borrow Best Practices From Others Educate Potential Customers
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Thanks to join
The session

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