kay so so so so put on your mic so you forgot how this works again boss yep boss maybe maybe maybe maybe okay so we are here to talk about the detailed design of the product kay yep and here is the agenda for this meeting i am just going to open say a few boring words to start with again and start taking minutes afterwards you guys are going to give us a presentation of our wonder product that i can see some demonstrations of over there looks cool and then we are going to evaluate it bra then we are going to talk about finance and i have got a lovely excel spreadsheet that i knocked up in the last 5 minutes for this you knocked it up and yep and we are going to evaluate the product and close got 40 minutes to do this in we should be fine let us try and keep this one on schedule alright so your thing is in where is it thi 3rd 3rd 3rd is it in 33 the end product thingy yeah who wants it pedro can have it i like i will help talk yeah so what we ended up with production costs estimated by our manufacturing department and the research department which is us is €158 someone forgot the units there yeah unit price unit production price cost thing unit price we implemented the basic functions which is just t v functions plus the locator which was one of the marketing things cradle scroll wheel for the the channels and we implemented the f the the way of putting the new and revolutionary zapping your favorite channels functionality in the scroll zapping your favorite channels eh yeah scrolling through your favorites list 0 okay okay zapping you know zapping ah kay okay that is favorites maybe it is just a portuguese thing and yeah that was the result ah kay i like the the the the logo on there as well it is very prominent it is very prominent so this is the so here i will give you the so this is the cradle unit and this is the actual remote itself so the scroll bar is or the scroll wheel is this this green little scrolly guy here and then the volume controls are here and here okay you have got the keypad which is the numbers f from 0 to 9 and then 10 this is the power button we have our we have the enter button and what was the other button here this is the teletext start s the the start to to to program yeah the program button yeah the program button ah okay i see so this bl this button will be used both for the favorites and for programming your the the type of television you want to use so the plastic is the white area of this of the model here and the red area is like a rubber covering so you can see that when it lays like this or like this and the buttons are all going to be rubber it is pretty cool so it is pretty hard to actually damage it is that could that be easy to for the scroll wheel to be rotated if it lands on it yeah that might be a possible a mi possible problem but if you drop it yeah not helping 0 well i guess it depends on the stiffness a little of it yeah and it depends on if it is sliding but i think it is pretty ergonomic you can feel it feels good i take it that this is going to be slightly lighter in the final design as well yeah of course well this is clay yeah it is kinda cool you have to reach a little bit do not you yeah the the power button is a bit of a reach but i think we might scale down the final model a bit ah yeah that would not make sense these this is a bit larger than it would be but it is cool i am impressed do not have no one to handle that that is 0 that is 0 i like it and hold it so wh what is the marketing perspective i mean you guys gave me more than i was asking for so i am happy because we have got some really marketable features in this yeah i think it is good good good good job pedro can demonstrate the the paging ability yeah so you ha you have like the the base station with the little button for the where is my remote beep beep beep pla the locator function i am ha okay it is great that is great it is a great feature beep beep beep so beep beep beep beep beep beep be shut up it is impressing wicked is not it so let me get it if i press this button i see that is pretty cool hang on so you can take this ho take this home with you tonight and you can push that and he will be across town beep beep beep okay i plan to do that as well no no no tha that is alri so the the 2 blue are are those for the the it to charge off of in exactly that is exactly what those are for ah okay okay and there is one other feature that we were debating but we decided to go against it is you could beep beep beep we were thinking that it might be interesting to have a trigger button here because you have this finger it it is it kinda feels like there should be something there yeah it is the right shape is not it but we could not figure out what button is important enough to put there and we we do not want to accidentally be hitting the power button like that so but maybe if you had a trigger plus the scroll then that would get past the the problem of it landing and scrolling right cause then it would need to be hit on both sides so maybe in a final design phase we might tweak that a little bit but okay i can see that but it is definitely got options for like different types of models and things as well based on that has not it yep i like good job so is that the the final color scheme as well or no no 0 no this is just what we had to work with at the time okay so we will leave the color scheme up to the marketing people the careful it came off the scroll wheels a problem with them not being sort of well i mean of course i mean i do not think the user interface guy wants to touch it anymore my my s my suggestion is we are going to go go to the silvers and blacks like most of the televisions you know some blend of silvers and blacks beep beep beep okay enough of that well i it is cool guys kay so are we done with the this presentation yeah ja okay now now so you are not going to find my my folder up there i got to do mine up at the board have you okay yeah yeah so can i not get your get at stuff from your shared folder now no it is not in there because i had the computer problem and i i i cou i could not create it 0 i see i see i could not create it in the powerpoint and i think i have got this really strange cable so what i had basically going from the powerpoint format is that yeah yeah i like this a lot is this one of the tests is to see how we can adapt to s changing situations in the in the meeting room nah so what we had is we had the method that is not how you spell method is it no way no a so this does not go so fast this way and when i speak about method i speak about the marketing of the product huh and to me with this product we got we got basically 3 things to market we have got the features we have the characteristics and we have the i i do not know what we would call the other part what we call you know the the the corp corporate help me the the corporation stands behind the product okay so the features i think we got the scroll we have got the the locator we have got the durability it fell off we have got the dependability we have got you know the features that make this a unique product beep beep beep the characteristics i talk about we have reliability we have comfort we have ergonomics we have environmentally s sensitive and the corporation we are talking about we are we are a new we are a new company we are wanting to make a name for ourself we are wanting you to find our product so we are going to give you a good product at a fair price one thing i would want to to see is is can we can we get a lifetime guarantee on this product a normal use guarantee which means that this product for the for the life of of the life use if it should have a technical problem that we could re replace it at no cost that was something i would be interested in so yeah without going into great details we have a we have a product it has the features and the characteristics and the background i believe to make it marketable i believe at a cost of of of 3035 to to €50 we are going to be competitive and we are going to we are going to have a market niche w do you would you a argue that that we are better going for the higher cost than bringing it down into 20 f 5 as we probably could but lowering our profit margins that that would be that would be i think a decision best made by corporate i i m for my evaluation based on what our competition is i th i think that that we can go after this and and and go after more of the exclusivity sense than the mass market sense kay but i am sh i am sure open to to market this in either direction but you guys came up with a great product and at that cost i think it there is nobody else that is putting this this combination of of ingredients together the only limitations i see to this is that we are focused on television only that is the only that is the only drawback i see to this but with all of these other features i think people c one thing i am i am hoping for is people are not going to even notice there is going to be somebody going home and say 0 sh this thing does not work for my d v d and my but i like these other things so they keep it they do not take it back and we are actually quite open to be able to expand the product for a later version with those features quite simply anyway are not we th there is no fundamentally different technology to do that well one of one of the thoughts that i had is can can this unit be be produced in a way that makes it upgradable you know like like a a sim card in a in a in a telephone you know is there a card in th can we make a card and so after w we need we need we need s some more buttons if it would to work on some other stuff but but you follow what i am s i am s we we w yeah we could get another version of it that actually works yeah cause if if we can make this unit upgradable then we are yeah but then we talk about changing the warranty concept and everything but but that is that was just an idea i had to me the only additions yeah the plus there is the the risk of making it unusable as well or making it less b because at the moment it is actually very straightforward to look at all the buttons you know what they do it is very simple and it just works yeah yep there is a risk of that but anyway that is okay so we can talk about finance now so i have a little spreadsheet for us where i i was wondering you when you talked about the €158 i was wondering how you came up with that figure well that was just just our technical team added up the production costs of the individual units okay so i have bit of a spreadsheet here for this very co very colf colorful now 0 i have made a f few assumptions here in that i am assuming that our power adaptor we can make for a cost of €4 huh equivalent to solar cells which i think is probably fair considering that we have in house manufacturing of power adaptors already huh and i am assuming that the locator beacon the you know the yeah beep beep beep can be made for it sounded different that time can be made for a similar price to an l c display an 0 sorry do you think that is fair coming from a m the manufacturing yeah i do think we that we we do not need the events chip on print we only need the the regular chip on print so there may have been a m miscalculation in there okay yep okay so we are down to 164 yeah and we and we have a single curved is that a single curved rather than a double curved i think that we have got a we have got a curve and a droop we are not entirely sure what single curve versus double cur i do not know whether that it is single curved yeah you think okay i am convinced but we save one that way yeah so we come bring it down to 154 see it is a little bit more than f single curved so yeah it is 158 that is where we came up with it well hang on do do not speak so it is in here in that w do we have any we have special form do not we okay yeah yeah we do so that is yeah ah but the the the we have not talked about any special color though i do not th if we are going for grays and silvers then i do not think we are what do you know 0 it is a that is not very special it is pretty 0 okay so we are if th push button scroll wheel we are basically we have th is this intended to be a button as well or just a scroll we do not it is a scroll that is a scroll just a scroll it is not one of the scrolls where for example with this one you could push it down to be a button no we just use it as a scroll ooh okay then we have €158 it was a pretty accurate estimate i would say it was not bad yes yeah we are wicked awesome okay so we are on to the s is kind of s frighteningly accurate yeah we are on to the pat on the back part of the presentation where we have a look at the criterias th that paul the criterion criteria that paul has has given us and we can use that to tell how is it going anyone got any thoughts what how how have we done today i think we did pretty well yeah i think we did pretty well too that looks pretty spectacular no i think we come up with a with a attractive marketable product and and concept any other chang thoughts okay so th th what about room for creativity that was is it the sh i think there was plenty of room yeah i i think we we ended up being quite creative there we got a couple innovative i yeah well we we we kinda broke we kinda at least adjusted every every criteria they gave us because we d we still have the the teletext capability in this thing right couple innovative ideas no we raised the price of it we have added 2 t new technology to it yeah so you know you know if this thing flies then we have we have adjusted or broken every every idea they gave us not every idea necessarily it is still a remote control basically yeah yeah yeah yeah no yeah but we did we did break with the specs a little bit i guess but the but i like i mean when i say we have we had i believe we have room for creativity cause w this is we did it kay leadership what do we report back to the bosses no th th i think they were r reasonably flexible with us over the whole changing the specs thing it was more of a teamwork thing then really leadership based project was yep i agree teamwork cohesive yeah synergy yes synergistic yeah there was a lot of synergy teamwork yeah he is yeah what did we think of the meeting room i guess is an important thing here these cables suck yeah this falls off and the white board worked really well without any pro yeah yep and that is yeah d you must have very long shirts that is way far down lapel mic lapel lapel lapel lapel wha okay 0 alright lapel that is almost a crotch mi cr that is it is down it is quite close you know you know what they are going to have on the recording in there from that microphone is your lunch digesting you know th keep it keep it calm 0 dear 0 dear 0 dear no more pizza for me so yeah the the pen came in alright and it is a little uncomfortable to use but i guess it works cause this is you were using it 0 upside down still that that is our boss nah i am i am not convinced of that at all i have been wor i have been wondering about that all day but see these look like they are that looks the oth that looks like it would be that way around use them like that pedro is right but it feels more comfortable wh what you call upside down pedro is right i do not care okay so that data might be slightly invalid what new ideas have we found 0 wel new ideas f for the product or for the the the the environment or what are we ta well let us do both then for the product well we had the favorites list and the scroll bar and we have the cradle and the r remote call feature 0 yeah we came up with quite a bit bunch of new ideas and for the meeting room has anyone got any more yeah comfortable headsets would be nice yeah less sore on the ears well i i mean clearly remote control microphones would be the would be a nice solution to all these cables but i am sure that there is there is some justification for these things that i do not know about and of course i did not have so much fun with my computer this afternoon it is not been it is not been cooperating so well but i do not think that is the that is avoidable could have been worse okay so are the costs within the budget n no no nope 0 hang on it really that is something we that the costs were under €1250 no requirements are changed we are still under €20 to build so we are good and the costs within the budget not the original budget but they are now is the project evaluated i think so yeah then celebration as it says hooray okay free coke provided at the cafeteria all right 0 i do not know how that got there anyway who wrote that one thank so we need to close this meeting yeah bravo thanks guys congratulations cool good job guys s i have got a lot of paperwork to catch up on so let us close this and come back and kay yeah i have got a lot of paperwork to catch up on too 0
so so so so put on your mic so you forgot how this works again boss demi boss maybe maybe maybe maybe okay so we are here to talk about the detailed design of the product design of the product okay yep and here is the agenda for this meeting i am just going to open say a few boring words to start with again and start taking minutes afterwards you guys are going to give us a presentation of our wonder product that i can see some demonstrations of over there looks cool and then we are going to evaluate it then we are going to talk about finance and i have got a lovely excel spreadsheet that are knocked up in the last 5 minutes for this this and you knocked it up yep and we are going to evaluate the product and close we have got 40 minutes to do this in we should be fine let us try and keep this one on schedule alright so your thing is in where is it 3 the end product thingy yeah yeah who wants it pedro can have it i will help talk yeah so what we ended up with production cost estimated by our manufacturing department and the research department which is us is €158 someone forgot unit price unit price unit price unit production price cost thank we implemented the basic functions which is just tv functions plus the locator which was one of the marketing things cradle scroll wheel for the the channels and we implemented the part of the way of putting the new and roll positionary zapping your favorite channels functionality in the scroll zapping your favorite channels eh yeah scrolling through your favorites list okay okay zapping you know sapping ah okay that is the favorites maybe this is a portuguese thing and yeah that was the result okay i like the logo on there as well it is very prominent it is very prominent so this is the so here i will give you the so this is the cradle unit and this is the actual remote itself so the scroll bar is or the scroll wheel is this green little scrolly guy here and then the volume controls are here and here you have got the keypad which is the numbers from 0 to 9 and then 10 this is the power button we have the enter button and what is the other button here this is the teletext the start to the program button yeah the program button so this button will be used both for the favorites and for programming the type of television you want to use so the plastic is the white area of this of the model here and the red area is like a rubber covering so you can see that when it lays like this or like this and the buttons are all going to be rubber so it is pretty hard to actually damage it could that be easy for the scroll wheel to be rotated if it lands on it yeah that might be a possible problem but not helping no i guess it depends on the stiffness a little bit yeah and it depends on if it is sliding but i think it is pretty ergonomic you can feel it it feels good i take it that this is going to be slightly lighter in the yeah of course well this is clay yeah you have to reach a little yeah the power button is a bit of a reach but i think we might scale down the final model a bit ah yeah that would make sense this is a bit larger than it would be but that is cool i am impressed i do not have no one of the whole line what is the marketing perspective 0 i like it i mean you guys gave me more than i was asking for it so i am happy because we have got some really marketable features in this yeah yeah i think it is good good job pedro can demonstrate the page inability you have the base station with the little button for the where is my remote beep beep beep obla locator function that is great that is great it is great feature beep beep beep so let me get it if i press this button peep beep beep i see that is pretty cool hang on so you can take this home with you tonight and you can push that and he will be across town bo beep beep i find that no no no so the 2 blue are those for the to charge off of exactly that is exactly what those are for and there is one other feature that we were debating but we decided to go against it is you could peep peep peep we were thinking that it might be interesting to have a trigger button here because you have this finger it kind of feels like there should be something there but we could not figure out what button is important enough to put there and we do not want to accidentally be hitting the power button like that but maybe if you had a trigger plus the scroll then that would get past the problem of it landing and scrolling because then it would need to be hit in both sides so maybe in the final design phase we might tweak that a little bit okay but it is definitely got options for different types of models and things as well based on that is not it yep i like good job so is that the final color scheme as well 0 no this is just what we had to work with at the time okay so we will leave the color scheme up to the marketing people the careful it came off the scroll wheels is not the problem with them not being i do not think you are using the interface guy who wants to touch it my suggestion is we are going to my suggestion is we are going to go to the silvers and blacks like most of the televisions you know some blend of silvers and blacks peep peep peep okay enough of that that is cool guys okay so we are done with this presentation yeah yeah okay no no so you are not going to find my folder up there i have got to do mine up at the board have you okay yeah so can i not get stuff from your shared folder now no it is not in there because i had the computer problem and i 0 i see i could not create it i could not create it in the powerpoint and i think i have got this really strange cable so what i had basically going from the powerpoint format is that yeah yeah i like this a lot is this one of the tests is to see how we can adapt to changing situations in the meeting room so what we had is we had the method that is not how you spell method is it no a no a 0 come here you so this does not go so fast this way and when i speak about method i speak about the marketing of the product and to me with this product we got basically 3 things to market we have got the features we have the characteristics and we have the i do not know what we call the other part what we call you know the corporate help me the corporation stands behind a product okay so the features i think we have got to scroll we have got the locator we have got the durability we have got the dependability we have got you know the features that make this a unique product the characteristics i talk about we have reliability we have comfort we have ergonomics we have environmentally sensitive and the corporation we are talking about we are a new company we are wanting to make a name for ourselves we are wanting you to find our product so we are going to give you a good product at a fair price one thing i would want to see is can we get a lifetime guarantee on this product a normal use guarantee which means that this product for the life of the life use if it should have a technical problem that we could replace it at no cost that was something i would be interested in so yeah without going into great details we have a product that has the features and the characteristics in the background i believe to make it marketable i believe at a cost of 35 to €50 we are going to be competitive and we are going to we are going to have a market niche would you argue that we are better going for the higher cost than bringing it down to 25 as we probably could but lowering a profit margin that would be that would be i think a decision best paid by corporate for my evaluation based on what our competition is i think that we can go after this and go after more of the exclusivity sense than the mass market sense but i am sure open to market this in either direction but you guys came up with a great product and at that cost i think it there is nobody else that is putting this combination of ingredients together the only limitations i see to this is that we are focused on television only that is the only drawback i see to this but with all of these other features i think people one thing i am hoping for is people are not going to even notice there is going to be somebody going home and say 0 this thing does not work for my dvd and my but i like these other things so they keep it they do not take it back and we are actually quite open to be able to expand the product for a later version with those features quite simply anyway are not we there is no fundamentally different technology well one of the thoughts that i had is can this unit be produced in a way that makes it upgradeable you know like a sim card in a telephone you know is there a card and can we make a card and so after we need some more buttons if it would to work on some other stuff but you follow when i am yeah we could get another version of it that actually works yeah because if we can make this unit upgradable then we are but then we talk about changing the warranty concept and everything but that is that was just an idea i had to me the only additions the risk of making it unusable as well or making it less because at the moment it is actually very straightforward to look at all the buttons you know what they do it is very simple and it just works yep there is a risk of that anyway that is okay so we can talk about finance now so i have a little spreadsheet for us where i was wondering when you talked about the €158 i was wondering how you came up with that figure well that was just our technical team ended up the production cost of the individual units okay so i have a bit of a spreadsheet here for this 0 very curved i have made a few assumptions here in that i am assuming that our power adapter we can make for a cost of €4 equivalent to solar cells which i think is probably fair considering that we have in house manufacturing of power adapters already and i am assuming that the locator beacon you know the yeah it can be made for it sounded different that time it can be made for a similar price to an lc display and do you think that is fair coming from the manufacturing yeah i do think that we do not need the advanced chip on print we only need the regular chip on print so there may have been a miscalculation there okay so we are down to 164 and we have a single curved is that a single curved rather than a double curved i think that we are not entirely sure of what single we have got a curve and a droop i do not know whether that it is single curved you think okay i am not convinced we save one that way yeah so we come bring it down to see it is a little bit more than single curve so yeah it is 158 that is where we came up with it well hang on do not speak so it is in here in that do we have any we have special form do not we yeah we do so that is yeah 0 what do you know we have not talked about any special color though if we are going for gray and silvers then i do not think we are that is not very special it is pretty okay so we are push button scroll wheel where basically we have is this intended to be a button as well or just a scroll it is a scroll it is not one of the scrolls where for example with this one you could push it down to be a button no we just use it as a scroll okay then we have €158 it was a pretty pretty accurate estimate i would say 0 wicked awesome okay so we are on to the it is kind of frighteningly accurate we are on to the back part of the presentation where we have a look at the criteria that paul the criteria that paul has given us and we can use that to tell how is it gone anyone get any thoughts how have we done today i think we did pretty well yeah i think we did pretty well too that looks pretty spectacular no i think we come up with attractive marketable product and concept any other changes thoughts okay so what about room for creativity that was i think there was plenty of room i think we ended up being quite creative there yeah well we we kind of broke we kind of at least adjusted every criteria they gave us because we still have the have the teletext capability in this thing right we raised the price of it we have added new technology to it so if this thing flies then we have adjusted or broken every idea they gave us every idea necessarily it is still a remote control yeah yeah no yeah but we did break with the specs a little bit i guess but i like i mean what i say we have i believe we have room creativity because we did it okay leadership what do we report back to the bosses i think they were reasonably flexible with us over the whole changing the specs thing it was more of a teamwork thing than really leadership based plotter i agree cohesive synergy yes synergistic there is a lot of synergy teamwork yeah he is what did we think of the meeting room i guess is an important thing here these cables suck yeah this falls off and the whiteboard worked really well you must have very long shirts that is way far down lapel mike lappel lappel all right that is almost a crotch my crotch it is down it is quite close you know what you are going to have on to a crue they are going to have one of the recording in there from that microphone is your lunch digesting you know 0 dear no more pizza for me so yeah the pen came in all right and it is a little uncomfortable to use but i guess it works because you are using it the opposite arm that is our boss i am not convinced of that at all i have been wondering about that all day but see these look like they are that looks like it would be that way around but it feels more comfortable what you call upside down ah i do not care okay so that data might be slightly invalid what new ideas have we found new ideas for the product or for the environment or what we will list of both then for the product well we had the favorites list in the scroll bar and we have the cradle and the remote call feature you came up with quite a bunch of new ideas and for the meeting room does anyone get any more comfortable headsets would be nice well i mean clearly remote control microphones would be a nice solution to all these cables but i am sure that there is some justification for these things that i do not know about and of course i did not have so much fun with my computer this afternoon it is not been cooperating so well so well but i do not think that is the that is avoidable could have been worse okay so are the costs within the budget nope 0 hang on really that is something that the cost under €1250 no cramments are changed we are still under €20 to build so we are good the cost within the budget not the original budget but they are now is the project evaluated i think so yeah then celebration hooray as it says okay free cook provided at the cafeteria alright i do not know how that got there anyway who wrote that one so we need to close this meeting yeah bravo congratulations good job guys i have got a lot of paperwork to catch up on so let us close this one and come back yeah i have got a lot of paperwork to catch up right too 0 0 perfect