Business Logic Case

1 The Objectives of the Business Logic Case are to:

a. Teach participants about the factors that need to be considered when a company embarks on development of a new product. These include: cost; identification of market and likely sales volume; profitability; the key features applicable to the selected vehicle concept and target market size.

b. Ensure teams develop the concept of their entry with all of these aspects correctly considered, from the outset.

c. Ensure that all three static events are approached with a single common concept and presented to each set of static judges in the same manner.

d. Ensure participants gaining experience in producing a business case and balancing potentially conflicting attributes.

2 The Design, Cost and Business Presentation judges will use the business logic case to verify that the information presented at each static event is consistent with the overall objectives as outlined in the Static Events Rules.

a. In the Design event, the business logic case will be used to identify how the team determined the trade off between design for performance and design for manufacture and cost, how these requirements were considered in the overall concept and whether these were achieved in the final vehicle.

b. In the Cost event, the business logic case will be used to determine that the cost target was met for the same design solution and how Cost was integrated into the overall concept and the iterative design process.

c. In the Business Presentation event, the business logic case will be used to assess whether the business presentation is appropriate for the market and business strategy that the team has identified

d. For some Formula Student/FSAE Events, if the event is over subscribed, then the entry selection process may include assessment of the quality of the Business Logic Case supplied.

3 All teams must submit a Business Logic Case report in accordance with the general format applicable for the year of competition “FSAE Business Logic Case 201X”. The report must be submitted on the 1 page template.

Refer to the applicable competition website to acquire the templates

4 This report must be submitted ~ 6-9 months before the competition.

Refer to the deadlines posted on the website for each specific competition.

Date: 2015-04-20; view: 1562