how much is too much?
DESCRIPTION
How Much Is Too Much?. Algebra Business Project Application to Industrial Engineering Inventory Management Beatrice Martinez / Melinda Stubbs. Outline. Introduction / Overview. Outline. Introduction / Overview Description. Outline. Introduction / Overview Description Purpose - PowerPoint PPT PresentationTRANSCRIPT
How Much Is Too Much?
Algebra Business Project
Application to Industrial Engineering
Inventory Management
Beatrice Martinez / Melinda Stubbs
Outline
• Introduction / Overview
• Description
• Purpose
-real world application
-exposure to engineering
-importance of charity contributions
Outline
• Introduction / Overview
• Description
• Purpose
-real world application
-exposure to engineering
-importance of charity contributions
* Materials
Objectives
• Prior Knowledge
• Calculate unit cost
• Use interest formulas
• Determine and graph linear equations
Objectives
• Prior Knowledge
• Calculate unit cost
• Use interest formulas
• Determine and graph linear equations
• Model and understand randomness
Objectives
• Prior Knowledge
• Calculate unit cost
• Use interest formulas
• Determine and graph linear equations
• Model and understand randomness
• Make decisions in uncertain environments
Objectives
• Prior Knowledge
• Calculate unit cost
• Use interest formulas
• Determine and graph linear equations
• Model and understand randomness
• Make decisions in uncertain environments
• Calculate relative frequency
Objectives• Prior Knowledge• Calculate unit cost• Use interest formulas• Determine and graph linear equations• Model and understand randomness• Make decisions in uncertain environments• Calculate relative frequency• Create a histogram of a binomial distribution
Objectives• Prior Knowledge• Calculate unit cost• Use interest formulas• Determine and graph linear equations• Model and understand randomness• Make decisions in uncertain environments• Calculate relative frequency• Create a histogram of a binomial distribution• Create bar graphs and find central tendencies
Procedure
• Select teams at random
• Select perishable product
• Select officers
• Conduct brief survey
• Complete Activity Sheet 1
• Complete Activity Sheet 2
• Create power point presentation
Procedure…(continued)
• Schedule interview• Create advertisement• Purchase materials to get started!• Sell! Sell! Sell!• Create bar graphs / find central tendencies• Compare results with graphs• Write summary• Go shopping!• Deliver gifts to families
Grading Criteria
• Overall profit
• Interview and summary
• Journals
• Activity sheets and graphs
• Advertising
Grading Criteria
• Overall profit
• Interview and summary
• Journals
• Activity sheets and graphs
• Advertising
• Teamwork