Lesson Plan Maximizing Profit Lesson

Problem: What is the best choice of product to sell for the most profit?
Objective: Students will research three products and decide how much of the
products they would have to sell to maximize their profits
Technology Requirements and Skills
1. M.S. Excel Spreadsheets use to create charts to represent the
information
2. Internet Access To conduct research of various products
3. Ti-83 Graphing Calculators To complete the calculations and final
analysis of intersection points.
Common Core Standards CED. A. 2 Create Equations that Describe Numbers
or relationships
Create equations in two or more variables to
represent
Relationships between quantities

Skills Required for Lesson:

1. Internet skills students have to be able to research possible shoes assist by
tell students to use Eastbay.com
2. M.S. Excel Skills Creation of charts (Will go over using my example document),
Creating a chart
3. Calculator Skills Will be taught during class. Students will learn how to input
data into statistics area of the calculator. L1 x values, L2 y values; Finding
intersection points using calculator functions.
Assignments:
Day 1 - Chart Creation Activity Students will work together with the
instructor to see how to create charts from data using M.S. Excel. This the day
where the instructor will teach students how to setup the M.S. Excel Document and
show how to create line charts from the section.
Day 2 Research Day Students will research their products from
the list below to and select three of them for creating their max profit graphs.
Research must be put into M.S. Excel Document.
See Example for more details
Day 3 Equations and Graphs Students will create charts using
their charts from day 2. Students will infuse these charts to aid in finding the
equilibrium between their three graphs. (This can also be constructed using a TI-83
or new calculator.)
See Examples for more Details

Students will use the following equation to maximize their profits:

Y =-230x +1200 This equation would allow you gain 1200 in
profit.

Technology Plan:
Lab requirements: Need two days of Computer Lab time.
Day 1 Research Day
Day 2 Equations and Graphs Day
Extra-access: Overflow of Students (Lab out of computers) Students will
work in the I-tv lab next to the office. (Students need to work individually, this will
allow students to self-analysis their own data and find solutions. Given the overflow
computers, there is no need to team up for assignment.)
Absent Students: Students will have an opportunity to
continue the project during lunch in the computer lab or have access after school. If
a student has the computer program at home, he or she may work on it from their
house.

Grading Check List:

1. Choose 3 types of products from the product list
2. Lists contains prices for 2, 3, 4, 5, 6, 7, 8, 10 per item (Data)
3. Data chart was created using M.S. Excel
4. Three graphs were created using M.S. Excel from your chart

_______
_______
_______
_______

5. Final Analysis chart show four graphs

_______

-Graph has Sales equation and three shoe graphs

6. Problem is answer based off of the data.

Product List:
1.
2.
3.
4.
5.

Nike tennis shoes

Nike Football Cleats
Nike Baseball cleats
Adidas Tennis Shoes
Adidas Basketball Shoes

_______

6. Under Armor Tennis Shoes

7. Under Armor Football Cleats
8. Under Armor Baseball Cleats