GROUP 8
B.A.R.P Furniture
A PROJECT FEASIBILITY STUDY OF
MULTI-PURPOSE CHAIR
Alim, Erica Mae N.
Bejec, Jayson B.
Dela Vega, Ronnel F.
Linga, Bonn P.
Tapar, Pamela Marie N.

CHAPTER III
PROJECT BACKGROUND

PROJECT PROPONETS

MISSION AND VISION
· Mission Statement
“Our mission is to provide high-quality, functional, and
versatile multi-purpose chairs that cater to the needs of our
customers. We strive to deliver exceptional customer
service and create long-term relationships with our clients
to establish a loyal customer base”.
· Vision Statement
“Our vision is to be the leading provider of innovative and stylish multi-
purpose chairs that are both practical and aesthetically pleasing. We aim
to be recognized for our commitment to quality, functionality, and
customer satisfaction, as well as our contributions to the advancement of
furniture design.”

CORE VALUES
· Core Values
We are committed to the following principles:
Quality
Innovation
Customer satisfaction
Sustainability
Integrity
Collaboration

TYPES OF BUSINESS
ORGANIZATION
Partnership (Limited Partnership)
B.A.R.P. Furniture is a limited partnership firm. This business
structure involves a team of partners with diverse skills who join
forces to run the business. In this type of business structure, the
partnership is made up of more than one person. This type of
partnership allows various partners to share the workload while also
bringing a diverse set of skills and knowledge. As a result, more
flexibility and financial gain are available. (Lloyd A., 2018)

LOCATION
The Head office and Factory of our business is found in Brgy
Pasong Putik. It is commercial space with 100 sq. It’s a big
space for the factory and office for the business.

CHAPTER IV
MANAGEMENT AND
PERSONNEL FEASIBILITY

ORGANIZATION CHART

PERSONNEL SALARY RATE

WORKER SALARY RATE

COMPANY & WORKER ATTIRE

CHAPTER V
MARKETING FEASIBILITY

GEOGRAPHIC SEGMENTATION
City: Quezon City, Philippines
District: District 5
In this study, the researchers will use the computation
using the “Finite Population Sample Size Determination
Formula” to compute the sample size for this study.

DEMOGRAPHIC SEGMENTATION
AGE: RANGES FROM 10 - 41 YEARS OLD
GENDER: MALE AND FEMALE
STATUS: STUDENT. EMPLOYED, UNEMPLOYED
The B.A.R.P Furniture Company aims to market the product in all household in District
5 in Quezon City. District 5 covers several Barangays including, Bagbag, Capri,
Fairview, Greater Lagro, Gulod, Kaligayahan, Nagkaisang Nayon, North Fairview,
Novaliches Proper, Pasong Putik Proper, San Agustin, San Bartolome, Santa Lucia, and
Santa Monica.
TARGET MARKET

QC -DISTRICT 5 HOUSEHOLD
All the data of 2020 Number of Households in District 5 that been found
in Philippine Statistics Office (PSA) website.
Number of Households in District 5 (2018-2022)

POPULATION PROJECTION
In projecting the population, four mathematical method
were used to compute for the projected population to
identify the least deviation which correlates greater
forecast accuracy.
Population Projection Results of Mathematical
Models

FORECAST POPULATION
Comparison of Standard Deviations
Population Projection via Statistical Parabolic

DEMAND
Annual Demand Computation
Annual Agreement = (Target Population x Market Acceptability) x Frequency of agreement
Frequency Distribution of Market Acceptability
Pie Chart of Frequency Distribution of Market
Acceptability

ANNUAL DEMAND
Annual Past Demand
Annual Projected Demand

SUPPLY
PIE CHART of supply
The table shows that 45.9% of the
respondents answered no that they did not
encounter a multi-purpose chair.

ANNUAL SUPPLY
Annual Past Supply
Annual Projected Supply

DEMAND-SUPPLY ANALYSIS
Gap of Demand and Supply
In table shows the gap of demand
and supply. To compute the gap
between supply and demand, the
demand subtract by the value of
computed supply. And to compute
the percent unsatisfied, the
computed gad divide by total
projected demand and multiply to
100%.

MARKET SHARE ANALYSIS
Market Share Computation:
Table shows the market analysis of
B.A.R.P Furniture Company. To get
the annual capacity, multiply the
operating days by the numbers of
product produced by the worker
per day. Moreover, to get the
market share, divide the annual
capacity to the annual demand.

ACTUAL PRODUCT

LOCATION STRATEGY
it shows that Brgy Pasong Putik is the strategic place to be a store because
it got an 86% among the key success factor.

PRICING STRATEGY
Computation for selling price
the summary of all total cost and
we include 109% Markup and
Value-Added Tax with 12% we
came up with the total selling
price of PHP 2,470.28.

PROJECTED SALES
It shows the annual sales and monthly sales of B.A.R.P
Furniture for the year 2023-2027.

CHAPTER VI
PRODUCTION OR TECHNICAL
FEASIBILITY

PRODUCT STRUCTURE
shows the product structure of the multi-purpose chair. An illustration of
how the parts of a product fit together and interrelate with one another.

PRODUCTION PROCESS
Normal time is the time required by a worker to perform a task at normal pace. To
compute for the normal time the formula is:
Standard time is the total time in which a job should be completed at standard performance which
computed as:

ALLOWANCE FACTOR
Allowance factor is the percentage given to
the workers for their personal, fatigue and
unavoidable delay.
Allowance Factor = Total Allowance ÷ (Total Operating Time-Total Allowance) ×100
Allowance Factor = 59 minutes ÷ (969.16 minutes-59 minutes) × 100
Allowance Factor = 6.48%

PROCESS FLOW CHART

PROCESS FLOW CHART
shows the step by step process of making multi-purpose
chair. Based on the table shown above, the total minutes to
create one chair is 969.616 or 16 hours.

MATERIAL HANDLING DESIGN

PROJECT LAYOUT
Emergency layout

FLOOR PLAN

TOTAL PRODUCTION COST

CHAPTER VII
FINANCIAL FEASIBILITY

TOTAL PROJECTION COST
The table above provides the overall
cost that contributes to the project. The
company’s total project cost is
₱900,000. The initial investment of the
company is ₱142,292.75 and the
contingency fund is ₱85,226.15.

FINANCIERS
The table shows the capital of the B.A.R.P Furniture and the division of shares of the
financiers and how much percentage they share to the company

CHAPTER VIII
FINANCIAL
FEASIBILITY

MAJOR ASSUMPTIONS

MAJOR ASSUMPTIONS
it shows all the summation and cost of all raw material and
equipment that been used in making a multi-purpose chair.

PRODUCT COSTING

PROJECTED FINANCIAL
STATEMENT
Pre-Operating Balanced Sheet

PROJECTED SALES
Pre-Operating Statement of
Cash Flows

OPERATING PERIOD
Projected Balanced Sheet

PROJECTED CASH FLOW
STATEMENT

PROJECTED INCOME
STATEMENT

FINANCIAL ANALYSIS
shows the payback period of B.A.R.P Furniture. Of all the computed values above the
payback period for this business is 1 year, 11 months, and 11 days or 1.95 years.

INTERNAL RATE
RETURN

FINANCIAL RATIOS
the financial ratios for B.A.R.P Furniture in the year 2023-2027 The figures showed that it can pay its
current liabilities almost above twice in the first year and increasing thereafter.

PROFITABILITY INDEX

LEVERAGE RATIOS
shows the leverage ratio of proposed business. The figures above showed that
the company assets are mostly financed by owners rather than debtors.

LEVERAGE RATIOS
shows the ratios of all financial aspects
listed above. Profitability ratios are a class
of financial metrics that are used to assess
a business's ability to generate earnings
relative to its associated expenses.

BREAK-EVEN ANALYSIS

CHAPTER X
PROJECT IMPLEMENTATION
AND TIMETABLE

PERT / CPM

BUDGETING AND COST

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