St. Luke’s St. Luke’s LUCRATIVE LUNCHBOX LUCRATIVE LUNCHBOX

CHALLENGE 2015 CHALLENGE 2015

The TYCOONS of TOMORROWThe TYCOONS of TOMORROW

PROJECT planPROJECT plan

In Maths – In groups of four create a In Maths – In groups of four create a poster advertising your lunchbox design poster advertising your lunchbox design

Find cost of design, promotion and Find cost of design, promotion and materials. Exploring working within a materials. Exploring working within a budget.budget.

Costing LunchboxCosting Lunchbox

Calculate the surface area of your lunchbox Calculate the surface area of your lunchbox showing full, clear workingshowing full, clear working

Illustrate dimensions on net and/or prototypeIllustrate dimensions on net and/or prototype

Net templates can be downloaded Net templates can be downloaded here

You have 2 additional days this year – You have 2 additional days this year – Thur 5Thur 5thth, Fri 6, Fri 6thth November November

Monday 9Monday 9thth November – design lunchbox and November – design lunchbox and poster (leave space for Business Studies Input)poster (leave space for Business Studies Input)

Tuesday 10Tuesday 10thth November – finish poster, net, November – finish poster, net, costings and start finance plancostings and start finance plan

Wednesday 11Wednesday 11thth November– Business Studies November– Business Studies InputInput

Thursday 12Thursday 12thth November – All groups present November – All groups present project to class. Choose winner for Friday.project to class. Choose winner for Friday.

Friday – Selected group present to Dragons’ in Friday – Selected group present to Dragons’ in library.library.

LUCRATIVE LUNCHBOXESLUCRATIVE LUNCHBOXES

When designing your lunchbox:When designing your lunchbox:Consider shapes Consider shapes Consider colour schemeConsider colour schemeCreate a tagline/slogan for your posterCreate a tagline/slogan for your posterConsider target market for productConsider target market for productList 3 REASONS why the dragons should List 3 REASONS why the dragons should

select your LUNCHBOX designselect your LUNCHBOX designFind one design issue or problem. Find one design issue or problem.

LUCRATIVE LUNCHBOXESLUCRATIVE LUNCHBOXES

ThenThenCalculate the net of your lunchbox designCalculate the net of your lunchbox designThen calculate how much the Then calculate how much the

PROTOTYPE will cost to make by PROTOTYPE will cost to make by considering price of materials (Plastics, considering price of materials (Plastics, PVC, metals etc.)PVC, metals etc.)

Then create a basic projected finance plan Then create a basic projected finance plan stating how much profit you anticipate stating how much profit you anticipate making.making.

DRAGON’S DENDRAGON’S DEN

The S2 business tycoons of tomorrow will The S2 business tycoons of tomorrow will then FACE THE DRAGONS!...then FACE THE DRAGONS!...

Perform a short presentation referring to Perform a short presentation referring to your posteryour poster

State THREE reasons why the dragons State THREE reasons why the dragons should select your lunchbox design should select your lunchbox design

State the cost of prototype and projected State the cost of prototype and projected sales figures.sales figures.

LUNCHBOX 1LUNCHBOX 1Health and WellbeingHealth and Wellbeing

TASTY TEMPERATURES LunchboxTASTY TEMPERATURES Lunchbox This Lunchbox combines This Lunchbox combines - a cool compartment for juice, fruit and yoghurtsa cool compartment for juice, fruit and yoghurts- ANDAND- A thermos for soup, hot chocolate etc.A thermos for soup, hot chocolate etc.- Ensuring your lunch is always at the right temperature.Ensuring your lunch is always at the right temperature.

Lunchbox 2Lunchbox 2Health and WellbeingHealth and Wellbeing

CLEVER CAL CONTROL LunchboxCLEVER CAL CONTROL Lunchbox This lunchbox contains a scanning system (or iphone This lunchbox contains a scanning system (or iphone

app) to calculate the total CALORIE content of your app) to calculate the total CALORIE content of your lunch.lunch.

An alarm sounds if you have exceeded GDAs.An alarm sounds if you have exceeded GDAs. A message appears if the sugar or salt content of your A message appears if the sugar or salt content of your

lunch is ABOVE your GDA.lunch is ABOVE your GDA.

Lunchbox 3Lunchbox 3Health and WellbeingHealth and Wellbeing

ANTI ALLERGY LUNCHBOXANTI ALLERGY LUNCHBOX This lunchbox can be individually programmed to particular allergies e.g. PEANUT This lunchbox can be individually programmed to particular allergies e.g. PEANUT

ALLERGYALLERGY SOFTWARE scans the ingredients list of packet goods within your lunchbox and an SOFTWARE scans the ingredients list of packet goods within your lunchbox and an

alarm sounds if there are any peanuts.alarm sounds if there are any peanuts. Alarm sounds if your lunchbox is in close proximity to a PEANUT product within a 10 Alarm sounds if your lunchbox is in close proximity to a PEANUT product within a 10

metre radiusmetre radius It contains a compartment for Allergy medicine e.g. EPIPEN It contains a compartment for Allergy medicine e.g. EPIPEN

It has GPS programmed to show the quickest route to the nearest hospital in case of It has GPS programmed to show the quickest route to the nearest hospital in case of

an EMERGENCY.an EMERGENCY.

Lunchbox 4Lunchbox 4Health and Wellbeing Health and Wellbeing

LUNCH on THE GO LunchboxLUNCH on THE GO Lunchbox This lunchbox has a built in PEDOMETER to show how This lunchbox has a built in PEDOMETER to show how

many STEPS you have taken over the course of the day.many STEPS you have taken over the course of the day. It is sensitive to vibrations of your school when walkingIt is sensitive to vibrations of your school when walking

It generates weekly and monthly targets to improve your It generates weekly and monthly targets to improve your daily walking.daily walking.

PRODUCE YOUR POSTERPRODUCE YOUR POSTER

IN GROUPS;-IN GROUPS;- IDENTIFY YOUR UNIQUE SELLING POINTIDENTIFY YOUR UNIQUE SELLING POINT IDENTIFY YOUR TARGET MARKETIDENTIFY YOUR TARGET MARKET COME UP WITH A CATCHPHRASECOME UP WITH A CATCHPHRASE CONVINCE PEOPLE TO BUY !CONVINCE PEOPLE TO BUY ! CONVINCE THE DRAGONS TO INVEST!CONVINCE THE DRAGONS TO INVEST! WITH A CREATIVE ORIGINAL POSTER WITH A CREATIVE ORIGINAL POSTER

DESIGN!DESIGN!

Poster TemplatePoster Template

PRODUCT TITLEPRODUCT TITLEPRODUCT IMAGE (pencil drawing) with PRODUCT IMAGE (pencil drawing) with

annotations on design featuresannotations on design features UNIQUE SELLING POINTUNIQUE SELLING POINTCATCHPHRASE or SLOGANCATCHPHRASE or SLOGAN

Things pupils should learn within financial education week before presentation:   Definitions of: Equity Financial projections (profit/loss) Basic financial information Unique Selling Point Cost of sales – discuss how to lower these costs e.g. by changing supplier (comparing

contracts), increasing volume Profit (net and gross)   - How to create a net of a shape and consequently its 3D shape. - How to calculate the cost of this net shape given the cost of different materials. - Discuss which shape would give optimum volume with least cost to make?? - Create a presentation with poster to enhance presentation   Produce a report/evaluation on how this project will impact on their future life decisions.  

Questions pupils will be expected to answer:   What is the product you would like us to invest in?   How much investment would you like and for what amount of equity?   Why should I invest in your product? (What is the unique selling point?)   What are your financial projections for this year and the next two years?   Pupils should also be able to confidently handle any negotiation for equity

within the ‘den’.