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ENGR 407

ENGR 407 . Presented by: Mac Frederick Keith Somers Ed Davis Michael Duong. Crash & Burn – Group Project. Project Ideas. Breathalyzer Ponchos Private Dance Club Bead Sale Battle of the Sexes. “Let’s have some fun with this”. Breathalyzers.

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ENGR 407

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  1. ENGR 407 • Presented by: • Mac Frederick • Keith Somers • Ed Davis • Michael Duong Crash & Burn – Group Project

  2. Project Ideas • Breathalyzer • Ponchos • Private Dance Club • Bead Sale • Battle of the Sexes “Let’s have some fun with this”

  3. Breathalyzers • We used Mike’s Breathalyzer charging $1 per use to bootstrap funds for additional breathalyzers. Then we bought more for each of us as we gained profit. • Revenue - $310 • Breathalyzed drinkers @ tailgates, parties, bars, etc. • 310 people X $1/use = $310 • Costs - $16 • Ordered 3 BacTrackBreathalzyers on Amazon • $60/each X 3 Breathalyzers = ($180) • Created custom shirts (‘Blow Me’) = ($16) • Returned Breathalyzers (No cost) = $180 • Profit = $294 • *Split up and used anytime anywhere. We had fun but warned of dangers as well.

  4. Rain Ponchos We used Breathalyzers funds and invested most towards rain ponchos to sell for the upcoming football games and rainy days. • Revenue - $250 • Sold 50 ponchos X $5/poncho = $250 • Costs - $46.64 • 250 ponchos X $0.88 cents/poncho = $233.20 • Returned remaining ponchos (200) • 200 ponchos X $0.88/poncho = $186.56 • Profit = $204.46

  5. Private Dance Club Used funds from previous endeavors to fund a private party with hired professional dancers. • Revenue - $450 • 45 adults X $10/person • Costs: $200 • Roughly ¼ revenue to dancers = $120 • Setup, music, bouncers, ambiance = $80 • Profit = $250 *Surprisingly good turnout and success, plus a great time. The dancers were not nude either.

  6. Bead Sale Used retained earnings to invest in mardigras beads to sell at the Eastern Michigan tailgate and other occasions. • Revenue - $450 • Sold 90 sets (3 pieces) X $5/set = $450 • Costs - $160 • Purchased 24 dozen of 2 colors (Blue & White) • 288 beads from Amazon = $160 • Profit = $290

  7. Battle of the Sexes Our last event was a modeled after the TV show – “Battle of the Sexes” Held in Keith’s apt, teams of 4 competed in various sexually suggestive competitions ($25/team). Revenue - $275 11 teams X $25/team = $275 Costs - $120 Party/Game supplies, food, drinks Profit = $155

  8. Profit Ratio

  9. Conclusion Overall, great learning experience. We had an amazing time and a lot of fun. The project was stressful at times but we couldn’t stay discouraged if something did not work out as planned. The ponchos were somewhat a fail, but we hung on to them to see if we could make any money before we returned them. Having a private dance club was true edgework. Some of us were skeptical but we knew it could be be huge. It ended up just coming together for us after we stressed about the risk/reward scenario. This project was quite memorable and has influenced some inspirational initiatives among our members which we would like to discuss with the entire class and minor department.

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