YouTensi s Sevara Sher, Sarah Pircio, Riley Patten
The Problem at Hand Global Plastic Pollution ● ● Negative impacts: ○ Marine life ○ Terrestrial animals Humans, result of a food chain ○ Environment as a whole ○
How come Hodgdon? Current Take-out Model at ● Hodgdon: Disposable containers and utensils Very popular among students due ● to convenience
YouTensils Initiative Charge $0.50 for disposable ● containers ● Offer reusable utensils and containers for $3.00 Collaborate with Hodgdon to ● track progress
Scope Overview Apply for approval from Tufts Dining ● Apply for funding from Tufts Green Fund, Fossil ● Fuel Divestment Club, or TCU ● Advertise the reusable option during awareness month: YouTube video & 150 giveaways Track progress monthly ● ● Reduce the price of the reusables by January 1, 2021 to make more accessible to students
Scope Overview The initiative will not profit from the ● implementation of the project ● Progress will not be monitored after January 1, 2021 Will not eliminate plastic waste ● from Hodgdon ● Will not monitor the effects of this program on global plastic pollution
Assumptions Tufts Dining is willing to negotiate ● Project is flexible with Tufts policy on cross contamination ○ ● One of the funding options will sponsor merchandise Eco-reps will collaborate ● Tufts Sustainability will pay Eco-reps ● ● Hodgdon will reduce the price ● Students will cooperate
Work Breakdown Structure Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Calculate Research Obtain Obtain Implement/ Monitor preliminary and agreement funding Educate Profits and data compile from Tufts Student Adjust Price data Dining Body
Key Milestones ● Reaching an agreement with Tufts Dining Procuring funds from Tufts Green Fund, Fossil Fuel ● Divestment Club, or TCU ● Completing Awareness Month ● Acquiring report on reduced restocks of disposables Reducing price of reusables ●
Statistical Assumptions ● Tufts undergraduate population is 5000 students ● 300 students visit Hodgdon daily 1 student visits Hodgdon 50 ● times a semester ● Based on real data and statistical approximations
Objectives Sell 2000 reusables by January 1st, ● 2021 ○ Assuming 40% undergraduate participation Decrease Hodgdon’s output by 90, 000 ● disposable containers by January 1st, 2021 ● Hodgdon saves $4,500 from disposables by January 1st, 2021 Assuming $0.05 per disposable ○
Objectives Reach 2000 students through ● YouTube during awareness month Give away 150 reusables during ● awareness month ● Increase accessibility through 33% price reduction of reusables
Timeline Implement Reusable Products Apply to Tufts Compile Begin tracking progres Green Fund Background Data April 1, 2020 January 1, 2021 March 10,2020 March 1, 2020 March 15,2020 May 1, 2020 Obtain agreement Educate Students Reduce the price with Tufts Dining
Budget Material Equipment Labor ● Project Managers paid $15/hr $ 160.00 $ - $ 4,550.00 ● Eco-Reps paid $12/hr Team of 10 Eco-Reps ● Total $ 4,700 20% buffer ● Buffer $1000 ● Materials: giveaways, banner, infographic Budget $5,700
Cost Profile
Cost Benefit Analysis Cumulative Gross Revenue ● ● Payback period: 40 days ● Profit from ○ Earn $3 - spend $0.5 = $2.5 on reusables ○ Earn $0.50 - spend $0.05 = $0.45 on disposables ○ 33% price reduction at semester 2 ● 300 students/ day in Hodgdon and 60% initial participation with 10% depreciation/day Spike in profit with freshman batch each year ●
Non-Financial Benefits Publicity of an environmentally ● conscious business ○ With quantitative data for evidence Expand its clientele to eco-consumers ● ● Environmental Benefits ● Encourage/inspire other businesses
Overall Analysis/ Final Recommendation ● Not a costly project, but Tufts Dining has a rule that ● budget is still flexible students cannot bring their own ○ Compromise on containers due to health and giveaways safety reasons ○ Assign more work to Workaround by adjusting ○ Eco-Reps project model Final Recommendation: Adjust for policy, and move forward with the project
Questions?
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