madisonhope96
New member
- Joined
- Sep 27, 2012
- Messages
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Does anyone know how to do this? I am so confused and I mainly need help with activity one, the inequalities, graphing, and solving. Please help!
Go to the following Web sites to find information to help you complete this project.
You can review how to enter data and use formulas in spreadsheets.
Learn more about running a small business from the Small Business Association.
[h=2]Beginning the Chapter Project[/h]Suppose you are the owner of the Sizzlin' Sauce Company. Your company makes two different kinds of sauce, Red Hot Sauce and Scorchin' Hot Sauce. As the owner of a small but successful business, you want to minimize costs, maximize profit, and create satisfied customers by filling orders promptly.
As you work through the project, you will use systems of equations and a spreadsheet to analyze production levels and make decisions. You will write a report detailing your choices.
[h=2]List of Materials[/h]
[h=3]Activity 2: Analyzing[/h]Suppose you make $1.20/pt profit on Red Hot Sauce and $1.00/pt profit on Scorchin' Hot Sauce. Using the restrictions from Activity 1, decide how much of each sauce you should make and sell to maximize your profit. What is the maximum profit?
[h=3]Activity 3: Researching[/h]Visit a local grocery store to estimate the cost of each sauce ingredient. Remember that buying in large quantities can save you money.
[h=3]Reflect and Revise[/h]Present your analysis to a family member or friend. Decide if your work is complete, clear, and convincing. If needed, make changes to improve your presentation.
[h=3]Extending the Project[/h]Are there other expenses you could expect in addition to those you have already considered? Estimate them. Modify your recommendations if necessary.
[h=2]Chapter Project Checklist[/h]Have you done all of the following?
[h=2][/h]UPLOAD YOUR WORK BY CLICKING THE “OPEN” BUTTON BELOW. YOU MAY UPLOAD MORE THAN ONE DOCUMENT FOR THIS ASSIGNMENT.
Go to the following Web sites to find information to help you complete this project.
You can review how to enter data and use formulas in spreadsheets.
Learn more about running a small business from the Small Business Association.
[h=2]Beginning the Chapter Project[/h]Suppose you are the owner of the Sizzlin' Sauce Company. Your company makes two different kinds of sauce, Red Hot Sauce and Scorchin' Hot Sauce. As the owner of a small but successful business, you want to minimize costs, maximize profit, and create satisfied customers by filling orders promptly.
As you work through the project, you will use systems of equations and a spreadsheet to analyze production levels and make decisions. You will write a report detailing your choices.
[h=2]List of Materials[/h]
- Calculator
- Graph paper
- Write and graph a system of inequalities to represent how many pints of each kind of sauce you can make. Use the recipes below.
- Select one solution of the system and determine how many peppers you will have left over.
| Sizzlin' Sauces Recipes | |
|---|---|
| Scorchin' Hot Sauce Ingredients | Red Hot Sauce Ingredients |
| Yield: 1 pint 1 pint tomato sauce with onions 4 green peppers, diced 8 hot chili peppers, seeded and diced | Yield: 1 pint 1 pint tomato sauce with onions 5 green peppers, diced 4 hot chili peppers, seeded and diced |
[h=3]Activity 2: Analyzing[/h]Suppose you make $1.20/pt profit on Red Hot Sauce and $1.00/pt profit on Scorchin' Hot Sauce. Using the restrictions from Activity 1, decide how much of each sauce you should make and sell to maximize your profit. What is the maximum profit?
[h=3]Activity 3: Researching[/h]Visit a local grocery store to estimate the cost of each sauce ingredient. Remember that buying in large quantities can save you money.
- Find the cost to produce 1 pt of each type of sauce.
- What selling price will you set for each sauce to maintain your profit?
- How much sauce should you produce each week to fill these orders? Presume that you want to produce the same number of pints each week, and that the type of sauce is not a factor in filling these orders.
- Design a spreadsheet to track your stock of sauce after each week. Use cell formulas.
[h=3]Reflect and Revise[/h]Present your analysis to a family member or friend. Decide if your work is complete, clear, and convincing. If needed, make changes to improve your presentation.
[h=3]Extending the Project[/h]Are there other expenses you could expect in addition to those you have already considered? Estimate them. Modify your recommendations if necessary.
[h=2]Chapter Project Checklist[/h]Have you done all of the following?
- Made sure that answers are reasonable
- Checked your work with a graphing calculator
- Documented your information
- Remembered that you will produce the same amount of sauce every week
- Besides the cost of ingredients, what information would need to be taken into consideration to accurately determine the profit? How would you go about finding this information?
Milestone Assignment Rubric – Hot, Hot, Hot | |||
Skills Being Assessed | Exemplary | Achieved | Developing |
Inequalities | Correct inequalities are written and graphed. (12-15 points) | Minor errors are made in writing the inequalities. (8-10 points) | Inaccurate inequalities are written and graphs are not drawn accurately. (0-5 points) |
Calculations | Calculations are accurate and support the solution. (12-15 points) | Calculations have minor errors that do not take away from the solution. (8-10 points) | Calculations have major errors and affect the solution. (0-5 points |
Folder Organization | Folder is well organized and provides useful information. (12-15 points) | The folder has useful information, but it is a bit fragmented and/or scattered. (8-10 points) | Folder has missing elements and the information is not complete. (0-5 points) |
Explanations | Explanations are clear and thoroughly presented. (12-15 points) | Explanations are essentially correct, but there are gaps in the information. (8-10 points) | Explanations lack detail and do not support the information or calculations given. (0-5 points) |
