The task is a modeling problem which ties in to financial decisions faced routinely by businesses, namely the balance between maintaining inventory and raising short-term capital for investment or re-investment in developing the business.
General Information
Subject(s): Mathematics
Grade Level(s): 8, 9, 10, 11, 12
Suggested Technology:
Adobe Acrobat Reader, Microsoft Office
Instructional Time:
5 Minute(s)
Keywords: Selling Fuel Oil at a Loss, modeling, capital, investment, cpalms, icpalms, illustrativemathematics.org, illustrative mathematics, tasks, mathematics, math, Florida standards, resource, free, freely available, problems-based learning, student activities, system of equations
Instructional Component Type(s):
Problem-Solving Task
Resource Collection:
Illustrative Mathematics