Course Title: Cost design production

Part B: Course Detail

Teaching Period: Term2 2011

Course Code: BUSM6225C

Course Title: Cost design production

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: 40

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:

LMTFD5009B Cost design production

Element:

1.  Identify available production options

Performance Criteria:

1.1Different production options are identified.
1.2Features of production options are identified

Element:

2.  Identify costs associated with each production option

Performance Criteria:

2.1 Cost benefits of each option are identified and compared.
2.2 Cost negatives of each option are identified and compared.
2.3 Previous production records are reviewed and appropriate personnel are consulted, to determine costing efficiency of production options.
2.4 Variables which impact on design production costs are identified.
2.5 OHS practices are considered in costing.

Element:

3.  Identify industry standards for design production

Performance Criteria:

3.1 Target market for end products in design production is identified.
3.2 Differences between short-run or design production and large scale volume production are identified and compared.
3.3 Quality industry standards for design production are identified.

Element:

4.  Develop costing sheets to industry standards

Performance Criteria:

4.1Costing sheet is completed for an in-house design production run.
4.2Costing sheet is completed for a cut, make and trim production run.
4.3Costing sheet is completed for an offshore production run.
4.4Costing sheets are used to compare and select most appropriate design production option.
4.5Quality standards of work and received materials are assessed

Learning Outcomes


.On completion of this unit,students will gain knowledge and understanding of:

Identifying the available production options
Identifying costs associated with each production option
Identifying industry standards for design production
Developing costing sheets to industry standards


Details of Learning Activities

Lectures,tutorials,small group and individual activities using excel spreadsheets


Teaching Schedule

Week beginning                          Dates                                                                                                                                                    Topic Competency/Assessments

Week 1                                          5/7/11                                                                                                                                           Marketing Plans: Advertising/Promotion
                                                                                                                                                                                                                           Types of promotions 

Week 2                                         12/7/11                                                                                                                                                     Monitoring Sales Records

Week 3                                         19/7/11                                                                                                                                                Markdown Analysis and calculations

Week 4                                         26/7/11                                                                                                                                   Merchandise Plans :General Retail Financial Data

Week 5                                           2/8/11                                                                                                                                                                  What is a replan?
 
Week 6                                           9/8/11                                                                                                                          Merchandise Plan Calculations and Report your financial data in class

Week 7                                         16/8/11                                                                                                                                                          Merchandise Plan Calculations

Week 8                                         23/8/11                                                                                                                                                      Assortment Planning- store grading

Week 9                                         30/8/11                                                                                                                                        Project Assortment Planning and Promotional plan

Week 10                                         6/9/11                                                                                                                                                             Revision for individual test

Week 11                                       13/9/11                                                                                                                                                 Test in class- Part A Individual test A

Week 12                                        4/10/11                                                                                                                                                Revise your replans and calculations

Week 13                                      11/10/11                                                                                                                                                       Revise your replans in class

Week 14                                      18/10/11                                                                                                                                                 Test in class- Part B Individual test B

Week 15                                      25/10/11                                                                                                                                                            Teacher Assessment


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

Target Market observations 5%
Product Life- Cycle Strategy 5%
Distribution method 2%
Trends Forcasring 3%
Range Analysis 5%

Total 20%


Assessment Matrix

Course Overview: Access Course Overview