Design a Toy

In: Philosophy and Psychology

Submitted By turnbo72
Words 1070
Pages 5
MY MATH SLEEPING BAG This toy is much like a sleeping bag that is designed for 4 year old children. The bag zips up just like a sleeping bag and also has a small bag (like a pillowcase) stitched at the open end that is designed to hold the cloth flash cards which act as stuffing like in a pillow. It also comes with a carrying bag and it can be rolled up and stored in the bag. When this bag is unzipped, it folds out completely to form a blanket. The lining of the bag comes in a variety of color and is made of a soft cloth that is comfortable enough for sleeping and napping. The outside of the bag has ten, one-foot by one-foot squares stitched into it with the numbers zero through nine stitched into each square. The numbers are stitched into each individual square in a variety of bright colors. The numbers also have different textures such as velvet or vinyl. The flash cards are six-inch by six-inch. The flash cards are made of the same material as the blanket and have basic addition and subtraction problems stitched into them on one side and the solution stitched on the other side with the solution equal to a number between zero and nine. The problems on the flash cards are stitched using the same colors and textures that are used on the blanket. For example, 4 + 5, if the 4 on the blanket is blue vinyl, then the 4 on the flash card will be same and the 5 will also be the same color and texture as the 5 on the blanket. The solution to 4+5 is 9, so the 9 is stitched on the back of the flash card and will be the same color and texture as the 9 on the blanket. When this bag is unzipped and laid on the floor it becomes a large blanket. The child takes the flash cards out of the smaller bag/pillow and lays them on the floor beside the blanket, the child then begins finding the solutions to the problems and placing it on the blanket in the squares on the…...

Similar Documents

Special Toys

...Case Problem: Specialty Toys Specialty Toys, Inc., sells a variety of new and innovative children’s toys. Management learned that the preholiday season is the best time to introduce a new toy, because many families use this time to look for new ideas for December holiday gifts. When Specialty discovers a new toy with good market potential, it chooses an October market entry date. In order to get toys in its stores by October, Specialty places one-time orders with its manufacturers in June or July of each year. Demand for children’s toys can be highly volatile. If a new toy catches on, a sense of shortage in the marketplace often increases the demand to high levels and large profits can be realized. However, new toys can also flop, leaving Specialty with high levels of inventory that must be sold at reduced prices. The most important question the company faces is deciding how many units of a new toy should be purchased to meet anticipated sales demand. If too few are purchased, sales will be lost; if too many are purchased, profits will be reduced because of low prices realized in clearance sales. For the coming season, Specialty plans to introduce a new product called Weather Teddy. This variation of a talking teddy bear is made by a company in Taiwan. When a child presses Teddy’s hand, the bear begins to talk. A built-in barometer selects one of five responses that predict the weather conditions. The responses range from “It looks to be a very nice day! Have fun” to “I......

Words: 339 - Pages: 2

Kiddy Toy

...Memorandum To: The Managing Director Kiddy Toy Company (KTC) Re: Cost Leadership Strategy Date: As postmark We refer to the recent intent shown by US retail chain in Boston to buy Panda toys with appropriate adaptations for the American culture. The Kiddy Toy been supplying range of toys in the China market and is looking to expand in US market should follow the Cost Leadership strategy, below are our points to support this strategy: 1. Kiddy Toy can offer their product at a low cost to the broadest possible market. Economies of scale will result in cost savings that can be partially passed to consumers. The strategy involves making a “fairly standardized product and underpricing everybody else. 2. Relying on the Experience Curve to Underprice Competition Risky: Kiddy Toy is already in the business and can rely on their experience to reduce the cost. The Chinese Panda is most popular for small children in China and the same can be customized using the existing experience of the company for US market using the US Flag. 3. Kiddy Toy can achieve cost reduction efforts of cost leadership strategy in three main categories: (1) reducing unit manufacturing costs through higher unit volume, efficient scale facilities, and experience curve; (2) exercising strict cost control over engineered costs; and (3) minimizing discretionary costs like service, sales force, advertising, quality control, and so on. 4. Kiddy Toy needs to pay a great deal of managerial......

Words: 319 - Pages: 2

Mattel Toys

...Elizabeth Harris MGMT 430 Week 8 Assignment 2 Mattel designs, manufactures, and markets a broad variety of toy products worldwide through sales to its customers and directly to consumers. Mattel’s business is dependant in great part on its ability each year to redesign restyle, and extend existing core products and product lines, to design and develop innovative new products and product lines, and successfully market those products and product lines. Mattel plans to continue to focus on its portfolio of traditional brands that have historically had worldwide appeal, to create new brands utilizing its knowledge of children’s play patterns and to target customers and consumer preferences around the world. The objective of Mattel is to continue to create long-term stockholder values by generating strong cash flow and deploying it in a disciplined and opportunistic manner which is outlined in Mattel’s capital a investment framework. To achieve this objective, management has established these three overarching goals. The first goal is to grow core brands by continuing to develop popular toys that are innovative and responsive to current play patterns and other trends. Additionally, Mattel plans to pursue additional licensing arrangements and strategic partnerships to extend its portfolio of brands into areas outside of traditional toys. The second goal is to improve execution in areas including manufacturing, distribution, and selling. Mattel continues to focus on improving...

Words: 597 - Pages: 3

Toys

... Jennifer Smith G.G. Toys: Case study #2 G.G. Toys was a toy manufacturer facing problems with productivity and profitability. The company found a profitable product in their Geoffrey doll and Specialty branded doll #106. Retailers could customize to the specifications and buying habits of their customer base. On average, the Geoffrey Doll cost $19.19 to produce, and the #106 doll $23.74. To access in a study of their overhead cost for both of their plants, research showed that: 1. A setup was performed in the Chicago facility each time a modification to the dolls was made. Additionally, each time a specialty-branded doll was produced, a separate setup was required to process the raw materials to the required specifications. 2. Workers in the Chicago facility often operated several machines simultaneously once they were set up. Thus, machine-related expenses might relate more to the machine hours of a product than to its production-run labor hours. Because each retailer required slight alterations to the Geoffrey doll's overall appearance, a new setup and production run was required for each design change. Retailers were found to be conservative in their ordering patterns, ordering fewer units more frequently. Thus increasing the number of setups required, causing increased labor and material cost. The research done by the external group did show an area of opportunity. Because setup is time consuming, labor intensive, and costly, it would be within reason (at......

Words: 430 - Pages: 2

Toy Time

...It’s toy time Educational products for developing minds 1. Executive Summary: It’s toy time is a specialty toy retailer, operating in Banani 11 no. shop no.1. We are a company that helps to grow the creative power of our children.Our success is our employees and the unique service they render. The large variety of toys at lower prices, the fun-filled atmosphere and service is all that It’s toy time provides its customers.We are the only company who thinks about a childs mental development but not only entertainment. 2. Company Information: * Name: IT’S TOY TIME Inc. * Location: Shop no. 1, Banani 11 no. (Beside Mother Care) Dhaka, 1213 Bangladesh. (We chose it because we were looking for such an area which will help us increase our sales and eventually grow our profit consistently as this location can attract our target market as it’s beside MOTHER CARE) * Shop Size: 750 sq. feet * Rent Expense: 262,500 k ( including water expense) * Advance deposit: 30,00,000 k (for 3 years contract) * Electricity Expense: (2000-3000)k (depending on the usage) * Telephone Expensek with International roaming (depending on the usage) * Color Pattern of Showroom: Yellow, Baby pink and Sky Blue * Type: Privately held Company * Industry: Retail * Website: www.Its’toytime.co.bd * Logo: It’s toy time * Goal: * Short term: To provide innovative, educational toys......

Words: 767 - Pages: 4

Toy World

...Introduction At Toy World Inc., President Jack McClintock is considering the adoption of a level monthly production plan for the coming year. The manufacturer of children’s plastic toys currently employs a production plan that follows the seasonality of sales. In considering whether to implement a level monthly production schedule, we compared the benefits and costs of both methods in relation to the financial and operational needs of the business. This allowed for an in-depth analysis of the savings allowed by a level monthly production schedule, and the impact of such a system on timing, cash flow and risk. As a toy manufacturer, Mr. McClintock’s company would face unique risks under the proposed system of production. These risks were compared to those accepted under a seasonal production schedule. By completing this analysis, we determined that Toy World Inc. would benefit the most from maintaining a seasonal production system. However, since a level monthly production plan would result in cost savings for the company, we have presented options through which Mr. McClintock can manage the financial implications of this schedule. Benefits of Level Monthly Production Mr. McClintock can expect to see savings of $490,000 in labour costs under this production system. These savings would be reflected in a lower cost of goods sold (70% of sales to 65.1%). A level monthly production plan allows the removal of overtime wage premiums in peak seasons, resulting in savings of......

Words: 1386 - Pages: 6

Toy Assessment

...Toy Assessment The toy that I choice to assessment is for the same age for the environment of an area for a child. The toy that I choose to assess is Laugh and learn apptivity creation center. This toy is for the age range of 9 months to 1 year old, it has a lot of different colors and activities using your iPad which is safely enclosed in the hard plastic and comes with to free download for apps that are to learn the different shapes allowing the baby to learn colorful shapes and ways to sort them also it has the play panel that doesn’t require you to use a iPad if you choose to not to. There are 2 ways to play with this toy you can use it lying flat or like an easel. The learning development that a child of this age group can learn is as followed. The fine motor skills, sorting and also memory of the different shapes, colors, also the Curiosity that the child will have endless hours of fun and enjoyment. The things that I see that could improve this toy would be to have I would make this possible a table top given the child a chair also. This way you could possible add different other things to it instead of just shapes you could add animals, colors, numbers, and also letters with you could download different apps from you iPad to interact with the different items you would add to the table top this would add to the learn of fine motor skill and also memory along with learning to speak different sounds and letters. The price for this toy is in the average price range...

Words: 390 - Pages: 2

Sales in Toy Industry

...GROUP 7 GROUP 7 TOY INDUSTRY SUBJECT: SMSP TOY INDUSTRY SUBJECT: SMSP DHARAM JOSHI VISHAL NARULA POOJA SAMPAT VINEET HARDA CHIRAG SHAH KUNAL PAREKH DHARAM JOSHI VISHAL NARULA POOJA SAMPAT VINEET HARDA CHIRAG SHAH KUNAL PAREKH GROUP MEMBERS GROUP MEMBERS India’s market potential The Indian toy industry is estimated at about 1.4 billion US dollars and until now has generated only 0.5 per cent of the global market. However, growth of some 15 % promises a rapid rise in this statistic, especially in the context of the growing middle class and increasing demand for quality and luxury goods. In recent years, cities like Ahmedabad, Bangalore, Hyderabad and Pune have become the most important manufacturing sites of the Indian toy industry. Among the local manufacturers in India about 59 % are still focusing on the production of cheap and unbranded toys which appeals to the price-sensitive Indian consumers. In the future it is expected that these companies will shift towards branded toys as well to stay competitive with international companies. Internet retailing is becoming a more and more important distribution channel due to several reasons. Consumers have increasing access to the internet and online retailers often have better merchandise in terms of variety, new launches and the offer of branded toys. The share of internet retailing in sales grew from 1 % in 2007 up to 18 % in 2012. Focus on quality Indian consumers pay more and more attention to......

Words: 3089 - Pages: 13

Toy Project

...lesson # 405498 Exam# 405498 Student ID # 21954934 Exam name Graded Toy Project Toy 1 : Pop Up Picture Book Description: This is a pop up picture book. Depending on the age of the child, the book teaches them many different things. Why is this toy developmentally appropriate for a child in this age group? This is appropriate for this age group because it develops the child’s brain in more than one way. Is this toy appealing to a child in this age group? Why or Why Not? Yes! The picture and colors also any animals in the book will capture the child’s eye immediately. Would a parent select this toy? Why or Why Not? Yes! I believe any parent would select books for their child because it teaches them basic things such as colors, letters, numbers animals and sometimes noises. Would you select this toy for a child in this age group? Why or Why Not? Yes! Because the book like I mentioned before can teach the child various different things and help them build skills they might have already mastered. Toy 2: Building Blocks Description: These are building blocks which can teach children many things such as fine motor and gross motor skills. Why is this toy developmentally appropriate for a child in this age group? Because it teaches kids things such as balance and gravity and beginning math concepts such as matching and grouping and also confidence in creating things. Is this toy appealing to a child in this age group? Why or Why Not? Yes. It is......

Words: 545 - Pages: 3

Kb Toys

...KB Toys’ July 1, 2010 Abstract  Why did KB Toys fail? KB Toys was offering toys at a discounted price like consumers where looking for but was that enough? KB Toys did restructures as well as took help from investment companies which brought a profit for a short time. While all of this was a quick fix the revenue never stayed constant but continued to drop. The store stayed in the original idea but never moved forward with the changes of times. Toys where out dated and there was lack of organization.   KB Toys’ KB Toys started out as a candy wholesaler in 1922 (KB Toys, nd).Toys was not what the Kaufman Brothers, KB, where looking for however when a debt could not be paid by a client Kaufman Brothers inherited a wholesale toy company during the 1940s (KB Toys, nd). KB Toys changed their name a few times through out the company’s life span. Kay-Bee Toy & Hobby Stores was the first name to take life and sale items at discount prices. By 1977 the store had changed focus to just toys and it was such a big success the name was changed to Kay-Bee Toy and Hobby Shops, Inc. (KB Toys, nd). In 1981 the company is purchased by Melville Corporation and is a division known as Kay-Bee Toy Stores (KB Toys, nd). By 1996 the chains of stores are sold to Consolidated Stores Corporation (KB Toys, nd). Once Consolidated bought Kay-Bee the image of the company needed to be enhanced, thus the KB logo was created (KB Toys, nd). KB toys had a great idea with providing toys at a......

Words: 955 - Pages: 4

Toys

...the popular toys in the 1990s, which are Tamagotchi, Barbie, and Lego. The first digital toy is the Tamagotchi Tamagotchi means a handheld digital device, which can be cared for as a digital pet including feeding, playing, and cleaning up after it. For example, the first Tamagotchi was created in Japan by Bandai in 1996. It went on to sell 76,000,000 units worldwide by 2010 (“Tamagotchi,” 2015). It was quite cheap with the price depending on the different versions available, in total there were 11 different variations, with prices ranging from $10 for the cheapest and up to $70 for the most expensive (“Tamagotchi Price,” 2015). The device was aimed at young children around the age of 6. It was aimed to promote nurturing instincts as the children would actually care for the digital pet, and if they failed at this the digital per would die (Baguley, 2013). Moreover, as there were strict laws governing ownership of pets in some countries, the Tamagotchi was an excellent solution for families unable to buy real pets for their children. This is why the device sold so many units. Some of the devices had communication abilities, which allowed children not only to play but also linguistically interact with the toys. This was seen as an educational component to the toy. As the toy was completely non-violent it became a popular choice for parents as a suitable toy for their children’s development. In summary, the Tamagotchi is the first digital toy. The second popular toy is Barbie......

Words: 824 - Pages: 4

Gg Toys

...company in question. Synthesis of Existing Cost Models to Meet System of System Needs, p.86. G.G. Toy's production process for dolls started with the basic raw materials needed for the bodies of the dolls, wool and things for the hair and clothing and all of these things were consist in production initially. Then, in its modern Chicago manufacturing facility, the company machine-molded the vinyl and resin into doll bodies and even had varies different styles and designs for the clothing. While using the same equipment and labor, they had to schedule when each of these modern jobs could be completed. I believe that explains why there was less units produced. Today’s new manufacturing environment requires new cost-accounting systems as well as new technology. It’s simple, updating the present system can achieve greater benefits in terms of producing and providing information for decision making in the future. (Updating Standard Cost Systems, Cheatham, C, Quonum Books, 1993). Therefore, I believe that G.G. Toys should change its existing cost accounting system from traditional costing to activity-based costing in the Chicago plant. Activity-based costing also known as ABC is a costing methodology that identifies activities in an organization and assigns the cost of each activity with resources to all products and services according to the actual consumption by each. This model assigns more indirect costs or overhead into direct costs compared to conventional......

Words: 297 - Pages: 2

Toy Case

...1996 Toy World, Inc. Early in January 1994, Jack McClintock, president and part owner of Toy World, Inc., was considering a proposal to adopt level monthly production for the coming year. In the past, the company’s production schedules had always been highly seasonal, reflecting the seasonality of sales. Mr. McClintock was aware that a marked improvement in production efficiency could result from level production, but he was uncertain what the impact on other phases of the business might be. Toy World, Inc. was a manufacturer of plastic toys for children. Its product groups included toy cars, trucks, construction equipment, rockets, spaceships and satellites, musical instruments, animals, robots, and action figures. In most of these product categories the company produced a wide range of designs, colors, and sizes. Dollar sales of a particular product had sometimes varied by 30%-35% from one year to the next. The manufacture of plastic toys was a highly competitive business. The industry was populated by a large number of companies, many of which were short on capital and management talent. Since capital requirements were not large and the technology was relatively simple, it was easy for new competitors to enter the industry. On the other hand, design and price competition was fierce, resulting in short product lives and a relatively high rate of company failures. A company was sometimes able to steal a march on the competition by designing a popular new......

Words: 2896 - Pages: 12

The Toy Factory Network Design

...Executive Summary The Toy Company has requested an upgrade of their network system. The current system has over ten old Windows 95 Operating System desktops with MS Office 95 products. The office employees use the network to send e-mail, access the Internet, make the payroll, accounting, scheduling receiving and delivering, invoicing, human resources tasks, and an outdated inventory System. The manufacturing side of the operation has a legacy network managing a classic robotics system. Every part of this system is obsolete, and the vendors went out of business, eliminating the possibility of support. The only IT person at the manufacturing facility may be an expert on keeping this old system running, but they do not have any experience with new technology. Needless to say, the system is slow and when a problem arise the downtime can go on for hours and sometimes even days at a time. The Toy Factory management wants to address these issues through an upgrade to their system, but they are also looking to positively affect productivity and improve security of the network overall. The proposed network will require significant changes to The Toy Factory's systems. The current hardware is in dire need of an upgrade, which will be implemented with the new physical network architecture. The implementation of this new architecture will provide higher speeds, reliability, and easier maintenance of network (Dennis, 2009). The upgraded hardware will come with better software that will...

Words: 3448 - Pages: 14

Toy Project

...which toys are age appropriate for a child you should consider some important guidelines. Some specific guidelines for finding toys appropriate for all ages, you should consider making sure the toys are well made meaning no shared parts or splinters and no parts of the toys are able to pinch the child. You should also make sure that the toys are painted with non-toxic and lead free paint. Also, you should take into consideration that the toys are shatter proof so when they are dropped, the toys wont break and shatter and cut the child. All toys should be easily cleaned to help minimize the spread of germs. When buying electric toys, they should "UL Approved" (underwritters labortory). Also, if you are buying toys for children under the age of 3, the toys should be big enough so the child can't swallow the toys and choke on them. http://www.naeyc.org/ecp/resources/goodtoys Traditional toys are great. These include traditional dolls, small metal vehicles, and wooden building blocks. http://www.earlychildhoodnews.com/earlychildhood/article_view.aspx?ArticleID=343 I came across some resources that I found helpful in my research. They include: Abrams,S. (1990), Toys for early childhood development. Atlanta, GA: The Center for Applied Research in Education. Piaget,J. (1962), Play,Dreams, and Imitation in Childhood. New York: W.W. Norton and Company. The age recommendations are based on developmental abilities of an average child. That means that the toys......

Words: 904 - Pages: 4