5e Lesson Planteacherdatesubject Grade Levelmaterialsccrs Essen ✓ Solved
5E Lesson Plan Teacher: Date: Subject / grade level: Materials: CCRS Essential Standards and Clarifying Objectives Lesson objective(s): Differentiation strategies to meet diverse learner needs: ENGAGEMENT · Describe how the teacher will capture students’ interest. · What kind of questions should the students ask themselves after the engagement? EXPLORATION · Describe what hands-on/minds-on activities students will be doing. · List “big idea†conceptual questions the teacher will use to encourage and/or focus students’ exploration EXPLANATION · Student explanations should precede introduction of terms or explanations by the teacher. What questions or techniques will the teacher use to help students connect their exploration to the concept under examination? · List higher order thinking questions which teachers will use to solicit student explanations and help them to justify their explanations.
ELABORATION · Describe how students will develop a more sophisticated understanding of the concept. · What vocabulary will be introduced and how will it connect to students’ observations? · How is this knowledge applied in our daily lives? EVALUATION · How will students demonstrate that they have achieved the lesson objective? · This should be embedded throughout the lesson as well as at the end of the lesson 1 Grader - Instructions Excel 2019 Project Exp19_Excel_Ch06_CapAssessment_Delta_Paint Project Description: You are the production manager for Delta Paint, a regional manufacturing company that specializes in customized paints. Your company sells paint by the gallon, and you have the task of forecasting the best production blends to maximize profit and most effectively utilize resources.
Steps to Perform: Step Instructions Points Possible 1 Download and open the file named Exp19_Excel_Ch06_Cap_DeltaPaint.xlsx . Grader has automatically added your last name to the beginning of the filename. Create appropriate range names for Total Production Cost (cell B18) and Gross Profit (cell B21) by selection, using the values in the left column. Edit the existing name range Employee_Hourly_Wage to Hourly_Wages2021 . Note, Mac users, in the Define Name dialog box, add the new named range, and delete the original one.
Use the newly created range names to create a formula to calculate Net Profit (in cell B22). Net Profit = Gross Profit - Total Production Cost. Create a new worksheet labeled Range Names , paste the newly created range name information in cell A1, and resize the columns as needed for proper display. On the Forecast sheet, start in cell E3. Complete the series of substitution values ranging from 10 to 200 at increments of 10 gallons vertically down column E.
Enter references to the Total_Production_Cost , Gross_Profit , and Net Profit cells in the correct locations (F2, G2, and H2 respectively) for a one-variable data table. Use range names where indicated. Complete the one-variable data table in the range E2:H22 using cell B4 as the column input cell, and then format the results with Accounting Number Format with two decimal places. Apply custom number formats to make the formula references appear as descriptive column headings. In F2, Total Costs ; in G2, Gross Profit , in H2, Net Profit .
Bold and center the headings and substitution values. Copy the number of gallons produced substitution values from the one-variable data table, and then paste the values starting in cell E26. Type in cell F25. Complete the series of substitution values from to at increments. Enter the reference to the net profit formula in the correct location for a two-variable data table.
Complete the two-variable data table in the range E25:K45. Use cell B6 as the Row input cell and B4 as the Column input cell. Format the results with Accounting Number Format with two decimal places. Apply a custom number format to make the formula reference appear as a descriptive column heading Wages . Bold and center the headings and substitution values where necessary.
Create a scenario named Best Case , using Units Sold, Unit Selling Price, and Employee Hourly Wage (use cell references). Enter these values for the scenario: 200 , 30 , and 15 . Create a second scenario named Worst Case , using the same changing cells. Enter these values for the scenario: 100 , 25 , and 20 . Create a third scenario named Most Likely , using the same changing cells.
Enter these values for the scenario: 150 , 25 , and 15 . Generate a scenario summary report using the cell references for Total Production Cost and Net Profit. Load the Solver add-in if it is not already loaded. Set the objective to calculate the highest Net Profit possible. Use the units sold as changing variable cells.
Use the Limitations section of the spreadsheet model to set a constraint for raw materials (The raw materials consumed must be less than or equal to the raw materials available). Use cell references to set constraints. Set a constraint for labor hours. Use cell references to set constraints. Set a constraint for maximum production capability.
Units sold (B4) must be less than or equal to maximum capability per week (B7). Use cell references to set constraints. Solve the problem. Generate the Answer Report and Keep Solver Solution. Create a footer on all four worksheets with your name on the left side, the sheet name code in the center, and the file name code on the right side.
Save and close Exp19_Excel_Ch06_Cap_DeltaPaint.xlsx . Exit Excel. Submit the file as directed. 0 Total Points 100 Created On: 02/16/2021 1 Exp19_Excel_CH06_CAPAssessment - Delta Paint 1.2
Paper for above instructions
Teacher: [Your Name]
Date: [Insert Date]
Subject / Grade Level: Business Mathematics / 10th Grade
Materials:
1. Computers with Excel 2019 installed
2. Project file: Exp19_Excel_Ch06_Cap_DeltaPaint.xlsx
3. Whiteboard and markers
4. Projector for demonstrations
5. Printed handouts of key terminology in data analysis
CCRS Essential Standards and Clarifying Objectives:
1. Analyze and interpret data using appropriate tools and methods.
2. Use technology to analyze and present data effectively.
3. Recognize concepts and structures of financial management related to production costs and profit.
Lesson Objective(s):
Students will be able to use Excel to analyze production costs, gross profit, and net profit for Delta Paint, enabling them to make informed financial decisions.
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Engagement
Capturing Interest
To engage students, I will start with a brief discussion on the significance of financial analytics in business. A short video showcasing Delta Paint's operational processes will be shown to illustrate how data analysis impacts business decisions.
Questions to Prompt Reflection
After the video, I will ask students:
1. "How do you think production costs affect a company's pricing strategy?"
2. "Why is it important for businesses to forecast profits?"
3. "What role does data analysis play in your own financial decisions?"
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Exploration
Hands-On Activities
Students will be divided into small groups and instructed to open the provided Excel file and familiarize themselves with its structure. They will create named ranges for Total Production Cost and Gross Profit and edit existing named ranges. They will then work collaboratively to develop formulas for Net Profit while discussing each step.
Conceptual Questions to Encourage Exploration
1. "How do you think changing the price per unit affects total revenue?"
2. "What happens to the net profit when production costs increase?"
3. "Can you identify the point where producing more becomes unprofitable?"
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Explanation
Student-Led Explanations
Once students have had the opportunity to explore, I will facilitate a discussion by asking students to explain their observations. Questions like "What formula did you use for Net Profit?" and "How did you determine the values for your data tables?" will prompt peer explanations.
Higher Order Thinking Questions
1. "What criteria did you use to decide on the optimum production level?"
2. "If you could change one variable to maximize profit, what would it be and why?"
3. "How does understanding the correlation between costs and profit empower you as future business leaders?"
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Elaboration
Sophisticated Understandings
To deepen their understanding, students will develop scenarios of best, worst, and most likely outcomes based on variable changes. They will learn the relevance of each variable (Units Sold, Unit Selling Price, Employee Hourly Wage) to overall profitability.
Vocabulary Introduction
Key terms like "Net Profit," "Total Production Cost," and "Data Table" will be defined and contextualized within the framework of their exploratory activities. This connection will reinforce their learning and help them apply these concepts in real-world contexts as they proceed with their projects.
Application in Daily Life
I will highlight how accurate data analysis can lead to better decision-making both personally (e.g., budgeting) and professionally (e.g., running a small business).
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Evaluation
Demonstration of Understanding
Students will demonstrate mastery through the following formative assessments:
1. Participation in group discussions and activities.
2. Completion of named range and formula creation successfully.
3. Outcomes from individual data tables, showcasing different profit scenarios.
At the end of the lesson, students will complete a self-assessment rubric reflecting on their understanding of key concepts and skills learned during the lesson.
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Conclusion
This 5E lesson plan incorporates hands-on and minds-on activities that foster collaborative learning and critical thinking, which are essential components in understanding financial management and data analysis through Excel.
References
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