Math in the "90's.
Don Staples
dstaples at livingston.net
Thu Nov 6 13:46:06 EST 1997
m>
Thought you might enjoy this.
Mike
----------
> From: Hendley, April <ahendley at kilstock.com>
> To: OLINWOOD at aol.com; SNewton100 at aol.com; GOERGENM at safnet.org;
HUBBARD at smokey.forestry.uga.edu; k-bell at tamu.edu
> Subject: FW: Logging Math II
> Date: Wednesday, November 05, 1997 1:30 PM
>
>
> ----------
> From: L. Larson
> To: Hendley, April; nasf at sso.org; forest at wpa.net;
> Brian_Smith at afandpa.org; cam_carte at afandpa.ccmail.compuserve.com;
> OKEEFEL at safnet.org
> Subject: Logging Math II
> Date: Wednesday, November 05, 1997 2:18PM
>
> 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" of profits?
>
> Teaching Math in 1980:
> A logger sells a truckload of lumber for $100. His cost of production is
> $80 and his 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 402 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 outsources all of its loggers. They save on benefits and when
> demand for their product is down the logging work force can easily be
> cut
> back. The average logger employed by the company earned $50,000, had 3
> weeks
> vacation, received a nice retirement plan and medical insurance. The
> contracted logger charges $50 an hour. Was outsourcing a good move?
>
> *******************************************
> Loren Larson, Executive Director
> Association of Consulting Foresters of America, Inc.
--
Don Staples
UIN 4653335
My Ego Stroke: http://livingston.net/dstaples/
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