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The product design and costing project is assigned to foster student”s ability to think

The product design and costing project is assigned to foster student”s ability to think critically, creatively and prepare/ organize their ideas and communicate those ideas effectively. Students will design a new product or modify an existing product used for household purposes, identify the raw materials and labor required, suggest a manufacturing process and its costing, identify the cost drivers, their rate and finally suggest a selling price. Also suggest a brief marketing and financial plan to launch the product. A five page APA format report is expected.

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