Paper Clip Production Factory
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Paper Clip Production Factory Land- I need land onto which I will build my Factories, and I need the metals with which I can produce my paper clips. Also the land provides the materials for which my factories will me made out of. People- I need people to be my workers. I will need some management and some labor staff. Also I need people who will buy my product. Capital- My parents are fabulously rich, and they put up the capital to buy the land and build the factory. Entrepreneur- I am the entrepreneur. I came up with the Idea in a dream. Materials Materials cost $ Steel 10,000 Tin 20,000 Cardboard 700 Ink 1,000 The total Materials cost for one month's paper clip productions is $31,700 Job Number of workers Hourly pay x number of hours per day x number of days per month Labor/Management Costs per month $ Guys that Operate the machinery 20 $11 x 8 x 20 35,200.00 Factory maintenance 4 $6.5 x 4 x 20 2,080.00 Repair guy 2 $13.5 x 4 x 8 864.00 Bookkeeper 1 $15...


