Senior Design II paper


Budget and Finance Discussion



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Budget and Finance Discussion


The group was unable to receive funding from outside sources or sponsors. As a result, the funding for this project will be solely provided by the team. In Table 26, a list of all the known parts for the project and their estimated costs. Each team member will donate roughly $200, giving the team a budget total of $800 to spend. In the table, the table does not list the Television Sets and Tablet at this time, because the team will be supplying them. Therefore, these two parts will have no effect on the budget. The team also found it more cost effective to buy some devices in bulk. For instance, the Infrared LED was found in bulk at a cheaper rate. Not only does buying some parts in bulk lower the price, but if the team ends up going through too many of certain parts, then an adequate supply will still remain for emergencies.
The group is also attempting to get some parts donated by Texas Instruments (TI) and by UCF faculty. The team has entered a TI design competition and has received $200 in free TI parts. This will aid the project greatly, as many of the parts are manufactured by TI. The category called “Circuit Components” represents the miscellaneous circuit parts necessary in all circuits. Components such as resistors, capacitors, inductors, and wire are in that category.
Table 24 lays out the budget plan for the Eye Can Hear You project:

Table : "Eye Can Hear You" Budget Breakdown



Appendices




Appendix A – Table of Tables



Appendix B – Table of Figures



Appendix C – References


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