Description
In this activity students will learn how linear systems can be used in a business to predict at what point the business will break even after any projected costs.
The learners will use all three methods of solving a linear system to find the points of intersection, or the point at which a business will have recouped their costs, in two different scenarios.
They will first consider a plan where a producer simply grows and sells unprocessed coffee beans to a distributor. Then they will be presented with the opportunity to create a new linear system as the business owner considers a new business model where the grower considers not just growing, but processing and selling directly to the consumer.
Based on the points of intersection found in both pieces of the activity, the students will then answer questions regarding which business model might be best by analyzing the graphs they created.
You will receive the activity sheet for the students, along with 8 multi-layered slides for you to use while guiding them through the process, along with solutions.
Highlights
Description
In this activity students will learn how linear systems can be used in a business to predict at what point the business will break even after any projected costs.
The learners will use all three methods of solving a linear system to find the points of intersection, or the point at which a business will have recouped their costs, in two different scenarios.
They will first consider a plan where a producer simply grows and sells unprocessed coffee beans to a distributor. Then they will be presented with the opportunity to create a new linear system as the business owner considers a new business model where the grower considers not just growing, but processing and selling directly to the consumer.
Based on the points of intersection found in both pieces of the activity, the students will then answer questions regarding which business model might be best by analyzing the graphs they created.
You will receive the activity sheet for the students, along with 8 multi-layered slides for you to use while guiding them through the process, along with solutions.
