Course Title: Cost production of textile designs
Part B: Course Detail
Teaching Period: Term2 2011
Course Code: BUSM6204C
Course Title: Cost production of textile designs
School: 350T Fashion & Textiles
Campus: Brunswick Campus
Program: C6086 - Advanced Diploma of Fashion and Textiles Merchandising
Course Contact : Robyn Lyons
Course Contact Phone: +61 3 9925 9118
Course Contact Email:robyn.lyons@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Gillian Wooldridge
e82516@ems.rmit.edu.au
Nominal Hours: 20
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
LMTFD4004B - Calculate cost estimates for fashion products
Course Description
This unit covers the skills and knowledge to cost products for volume production within the fashion design industry.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
LMTTD5009A Cost production of textile designs |
Element: |
1. Analyse options for textile production |
Performance Criteria: |
1.1 Production requirements are analysed to determine scale of production |
Element: |
2. Assess influences on production costs |
Performance Criteria: |
2.1 Factors that may affect cost of production are determined |
Element: |
3. Develop and analyse costing sheets for textile production |
Performance Criteria: |
3.1 Costing sheets are completed for selected production options |
Learning Outcomes
On completing this unit,students will understand and have knowledge of:
Analysing the options for textile production
Assessing the influences on production costs
Development and analysis of costing sheets for textile production
Details of Learning Activities
Lectures,tutorials and small group and individual activities using excel spreadsheets
Teaching Schedule
Week 1 Introduction and Course Overview- introduction to your target market
Week 2 Cost production options and benefits of each option
Week 3 Elements of the costing- duty, landing charges, rebates trading terms
Week 4 Exchange rates, labour availability
Week 5 Scales of Production ie volumes, features of a garment
Week 6 Produce a costing sheet
Week 7 Assignment due in class
Week 8 Understanding your target market exercise on explaining the Target Market
Week 9 Product life cycles and lifestyles
Week 10 Price Point Policies
Week 11 Start a merchandise plan- create a sales budget , calculate % increase on LY etc
Week 12 What is a closing stock, purchases and markdown,Merchandising plan formulae
Week 13 Strategic plans, what do they consist of?
Week 14 Group class presentation of strategic plan Group assignment due in class
Week 15 Teacher Assessment week
Learning Resources
Prescribed Texts
References
Other Resources
Overview of Assessment
Target Market observations5%
Product Life- Cycle Strategy5%
Distribution method2%
Trends Forcasring3%
Range Analysis 5%
Total 20%
Assessment Tasks
Task 1
Assessment in groups 50%
Cost Ranges
Task 2
Group Presentation 50%
Assessment Matrix
Task 1
1.Develop and calculate a costing template for your product range.Understand and explain the elements of a costing sheet used to purchase off-shore garments.
2.Discuss production and sourcing options for your range.
Task 2
Group Presentation of Strategic Plan (in class)
-Present financial analysis of a category
-Present your
-SWOT
-Trend forecast
-Advertising plan
- Present your financial plan or budget forecast for the coming season
Course Overview: Access Course Overview