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Feasibility Study Research Paper

Decent Essays

Executive summary
The mill will be called Nyc Sugar incorporated with the meaning of bringing back the real sweet flavor of sugar into the market. The mill will have its own plant located at Ibayo, Balanga city, Bataan. This site is selected because of its strategic position, where the supplies of public and private services are adequate and the raw materials are readily available.
The need of the sugar mill company is to solve the problem of sugar shortages which increases day by day in this city and also try to deal with unemployment problems which increases with time here in Bataan. This will be achieved by creating more employment opportunities for the young generation living in the city as well as outside.
Raw materials
Normally …show more content…

Market study and demand and supply
Since Bataan is geographically situated near Philippines centre, the sugar products can be transported to the neighboring provinces in the country like Manila which is a leading distributor of sugar will be a great recipient of the sugar product. The establishment of this firm will be of great help as it will increase the supply of sugar, and also lessen the importation of sugar which makes sugar expensive In the Bataan.
Marketing strategy, scale and volume There will be a vigorous effort to secure a market before a commitment is even made to build the mill if it would be most desirable to have the financial participation of one or more major users who can guarantee the purchase of the substantial portion of the procedure production. The receiving of the raw materials supply will as well be considered. The firm is budgeted to have a production line which will represent about 800,000 tons per unit day which will heavily depend on the production conditions.
Pricing and consumer surveys
Pricing will follow the established market prices and practices which are usually determined by the forces of demand and supply, however because of sugar uncertainty of sugar product during the start up period, some price concessions

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