1 / 23

How Much Is Too Much?

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

james-estrada
Download Presentation

How Much Is Too Much?

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. How Much Is Too Much? Algebra Business Project Application to Industrial Engineering Inventory Management Beatrice Martinez / Melinda Stubbs

  2. Outline • Introduction / Overview

  3. Outline • Introduction / Overview • Description

  4. Outline • Introduction / Overview • Description • Purpose -real world application -exposure to engineering -importance of charity contributions

  5. Outline • Introduction / Overview • Description • Purpose -real world application -exposure to engineering -importance of charity contributions * Materials

  6. Objectives • Prior Knowledge

  7. Objectives • Prior Knowledge • Calculate unit cost

  8. Objectives • Prior Knowledge • Calculate unit cost • Use interest formulas

  9. Objectives • Prior Knowledge • Calculate unit cost • Use interest formulas • Determine and graph linear equations

  10. Objectives • Prior Knowledge • Calculate unit cost • Use interest formulas • Determine and graph linear equations • Model and understand randomness

  11. Objectives • Prior Knowledge • Calculate unit cost • Use interest formulas • Determine and graph linear equations • Model and understand randomness • Make decisions in uncertain environments

  12. 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

  13. 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

  14. 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

  15. 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

  16. 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

  17. Grading Criteria • Overall profit

  18. Grading Criteria • Overall profit • Interview and summary

  19. Grading Criteria • Overall profit • Interview and summary • Journals

  20. Grading Criteria • Overall profit • Interview and summary • Journals • Activity sheets and graphs

  21. Grading Criteria • Overall profit • Interview and summary • Journals • Activity sheets and graphs • Advertising

  22. Grading Criteria • Overall profit • Interview and summary • Journals • Activity sheets and graphs • Advertising • Teamwork

  23. Extension • Airline Overbooking Activity • Interview grocery store

More Related