Teaching Math
- Teaching Math in 1950:
- A logger sells a truckload of lumber for $100. His cost of production
is 4/5 of the price. What is his profit?
- Teaching Math in 1960:
- A logger sells a truckload of lumber for $100. His cost of production
is 4/5 of the price, or $80. What is his profit?
- Teaching Math in 1970:
- A logger exchanges a set "L" of lumber for a set "M"
of money. The cardinality of set "M" is 100. Each element is
worth one dollar. Make 100 dots representing the elements of the set
"M." The set "C," the cost of production, contains
20 fewer points than set "M." Represent the set "C"
as a subset of set "M" and answer the following question: What
is the cardinality of the set "P" for profits?
- Teaching Math in 1980:
- A logger sells a truckload of lumber for $100. Her cost of production
is $80 and her profit is $20. Your assignment: Underline the number 20.
- Teaching Math in 1990:
- By cutting down beautiful forest trees, the logger makes $20. What do
you think of this way of making a living? Topic for class participation
after answering the question: How did the forest birds and squirrels
feel as the logger cut down the trees? There are no wrong answers.
- Teaching Math in 1996:
- By laying off 40% of its loggers, a company improves its stock price
from $80 to $100. How much capital gain per share does the CEO make by
exercising his stock options at $80? Assume capital gains are no longer
taxed, because this encourages investment.
- Teaching Math in 1997:
- A company out-sources all of its loggers. The firm saves on benefits,
and when demand for its product is down, the logging workforce can
easily be cut back. The average logger employed by the company earned
$50,000, had three weeks vacation, a nice retirement plan and medical
insurance. The contracted logger charges $50 an hour. Was outsourcing
a good move?
- Teaching Math in 1998:
- A laid-off logger with four kids at home and a ridiculous alimony from
his first failed marriage comes into the logging company corporate
offices and goes postal, mowing down 16 executives and a couple of
secretaries, and gets lucky when he nails a politician on the premises
collecting his kickback. Was outsourcing the loggers a good move for the
company?
- Teaching Math in 1999:
- A laid-off logger serving time in prison for blowing away several people
is being trained in computer science in order to work on Y2K projects.
What is the probability that the automatic cell doors will open on their
own as of 00:01, 01/01/00?
- Teaching Math in 2002:
- A logger sells a truckload of lumber for $100. His cost of production
is $120. How does Arthur Andersen determine that his profit margin is $60
and his reported earnings for stock valuation are $300?