Research & Development

By: Mina Pi and Julia Neverova

AGENDA

History of the Project R&D Purpose in

Image Fx R&D Purpose in

General Mission Statement Budget The Big Picture

HISTORY OF THE PROJECT

R&D: WHO WE ARE-WHAT WE DO

Idea Research Product

www.foresightoptical.com

Mission Statement

The R&D’s mission statement is to

combine our expert knowledge in the

areas of ergonomics,

chemistry, physics, biology, and

engineering design in order to create practical, stylish

eyewear.

GRAND TOTAL

$1,380,700

R&D PROPOSED BUDGET

Direct Materials $140,200 Direct Labor $1,005,000 Other Direct Costs $150,000 Indirect Labor $65,000 Indirect Material $20,500

$1,380,700

Idea, Research: Can it Become Reality?

•Our mission will change•R&D department will undergo structural changes•Quality should not be sacrificed•Innovation- for better or totally different

Class 1000 Clean Room $65,000 Eclipse LX Surface blocker $17,000 SGX turbo Surface Generator $12,500 Acuity Finer and Polisher(2) $18,000 Stratum Lens Coater $9,000 Kappa SP Lens Finishing System $6,500 Innovations Lab Software $1,200 Consumables $11,000

Total $140,200

Direct Materials

Direct LaborDirector R&D $110,000

2 Associate Directors $180,000

Chief Design Engineer$85,000

Design Engineer (6) $420,000

Technician (6) $210,000

Total $1,005,000

Other Direct Costs

Travel $55,000 Consultants $60,000 Special Testing ** $35,000

Total $150,000 * Use Target pool / direct labor **XPS/SIMS Surface analysis

(Columbia University)

Indirect Labor

Custodial staff $30,000 Security $35,000 Total $65,000

Indirect Materials

Office supplies $5,500 Utilities (laboratory) $15,000 Total $20,500

GRAND TOTAL

$1,380,700

R&D:

The Big Picture