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  • Managerial Economics: by Shiva Shankar S

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    Shiva Shankar
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    This document summarizes the key factors of production for a managerial economics project, including capital requirements of Rs. 25 lakhs with a breakdown of fixed and working capital, recommendations for land and location near raw materials and skilled labor in Madurai, Tamil Nadu, an area of 2000 sq ft for the factory, a breakdown of 20 labor roles with a total manpower cost of Rs. 1,01,000, and that it will be a sole private organization.

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    This document summarizes the key factors of production for a managerial economics project, including capital requirements of Rs. 25 lakhs with a breakdown of fixed and working capital, recommendations for land and location near raw materials and skilled labor in Madurai, Tamil Nadu, an area of 2000 sq ft for the factory, a breakdown of 20 labor roles with a total manpower cost of Rs. 1,01,000, and that it will be a sole private organization.

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    8 views7 pages

    Managerial Economics: by Shiva Shankar S

    Uploaded by

    Shiva Shankar
    This document summarizes the key factors of production for a managerial economics project, including capital requirements of Rs. 25 lakhs with a breakdown of fixed and working capital, recommendations for land and location near raw materials and skilled labor in Madurai, Tamil Nadu, an area of 2000 sq ft for the factory, a breakdown of 20 labor roles with a total manpower cost of Rs. 1,01,000, and that it will be a sole private organization.

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    Managerial economics

    by
    Shiva Shankar S
    Factors of production
    • Capital
    • Land
    • labour
    • Location
    • Types of organisation
    Capital
    • Capital is a large sum of money which you use to start a business, or
    which you invest in order to make more money.
    • Fixed capital(land ,building , machines) - 15.3lakh
    • Working capital(raw materials, packing ,working) - 8.95 lakh
    • Total – 25 lakhs
    Land and Locations
    • Fruit & vegetable based projects should be located, surrounded by
    available raw materials as well as skilled manpower, Melur Main Rd,
    KK Nagar, Madurai, Tamil Nadu 625020.
    • Area of factory is 2000sq.ft
    Labours
    • Managers
    • Chemist
    • Supervisor
    • Skilled and unskilled workers
    • Selling and marketing
    Total workers=20 , Total man power cost=1,01,000
    Organaisation
    • It is a sole private organisation.
    Thank you

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