In order to ensure the success of their new juice product, the management of the company must develop an appropriate plan that assists them in handling various tasks as per the predetermined manner. The provided project plan outlines the tasks and timelines for launching the new juice, including market research, selection of target markets, evaluation of marketing agencies, and implementation of the plan. Additionally, financial tools such as net present value (NPV) method are used to assess the financial viability and profitability of the project. The report concludes that considering different statistical tools, such as dispersion and trend analysis, supports management in launching new products.