Linear Functions and Relationships II

Name:  Brian Youn

Title of lesson:  Linear Functions and Relationships II

Length of lesson:  50 minutes(?)

 

Description of the class:

                     Name of course:  Algebra

                     Honors or regular:  Either

Source of the lesson:

            Give specific information.

TEKS addressed:

(b) Foundations for functions: knowledge and skills and performance descriptions.

(1) The student understands that a function represents a dependence of one quantity on another and can be described in a variety of ways. Following are performance descriptions.

(A) The student describes independent and dependent quantities in functional relationships.

(B) The student gathers and records data, or uses data sets, to determine functional (systematic) relationships between quantities.

(C) The student describes functional relationships for given problem situations and writes equations or inequalities to answer questions arising from the situations.

(D) The student represents relationships among quantities using concrete models, tables, graphs, diagrams, verbal descriptions, equations, and inequalities.

(E) The student interprets and makes inferences from functional relationships.

 
I.      Overview
Students will explore the idea of setting ticket prices in their home team’s stadium.  Ticket prices typically vary with seat quality (the better seats fetch higher prices).  As ticket sales generate a large portion of a team’s revenue, it is important to come up with a pricing scale that maximizes profits without alienating your fans.
II.  Performance or learner outcomes

            Students will be able to:

   

III. Resources, materials and supplies needed

IV. Supplementary materials, handouts.

            


 

Five-E Organization

Teacher Does                    Probing Questions                    Student Does      

Engage:

Imagine that your family – parents and siblings – decide you want to all go out and watch an NBA basketball game in San Antonio this weekend.  Without really calculating this out, how much would you estimate that it would cost your family to watch an NBA game?  And how much do you think it SHOULD cost?

Critical questions that will establish prior knowledge and create a need to know

 

Expected Student

Responses/Misconceptions

                                                   

Explore:

What are some factors that affect how much money it will cost in total?

 

We should come up with things such as ticket prices (obviously), parking, refreshments and concessions.

 

 

 

 

 

 

For this lesson, we’ll take an example where we are selling tickets to the school drama team’s musical.  We have tickets from two different sections of the theatre – the balcony (b), and the floor (f). 

There are 2000 seats in the theatre (600 on the floor and 1400 in the balcony).

Now you have the freedom of setting the respective prices for the floor seats (f) and the balcony seats (b), however as a regulation, the sum of f and b must not exceed $200 (otherwise people will start to revolt).

As the manager of the venue, how can we ensure that we maximize the revenues from ticket sales?

Critical questions that will allow you to decide whether students understand or are able to carry out the assigned task (formative)

On the topic of tickets, how many seats are in a typical basketball arena?

From our first few days in this NBA project,  how much money does your team feel it needs to raise from ticket sales?

Would you want to make every ticket the same price, or would you want to set variable pricing (tiered pricing)?

How many different tiers of ticket prices do you want to set?

    

Expected Student

Responses/Misconceptions

    

Explain:

We can start by writing out two expressions.

The first will be an equation for the revenue:

600f + 1400b = revenue

where “f” represents the cost of floor seats and “b” represents the cost of balcony seats (both in dollars). 

A second equation we can write involves the requirement for the limit on the cost of ticket prices.

b + f = $200

 

 

 

 

 

One way we can figure out the optimal ticket prices is to simply fill out a table… go in increments of about $10 and calculate out the total revenue using the first equation above.

Critical questions that will allow you to help students clarify their understanding and introduce information related to concepts to be learned

 

Why are we using 600 and 1400?  What do those represent?

 

 

 

 

What are some reasons that there is a limit to the ticket prices?  What if we just didn’t have any limit on the prices of tickets?  What would happen?

And what is a good guess for the optimal balance of prices?  (take some guesses from the class)

Where did we find the optimal balance point?

 

Expected Student

Responses/Misconceptions

                                               

Extend / Elaborate:

Now that we have gone over how to approach the problem of optimizing revenue in this situation, let’s explore some things that we might not have thought of.

What assumptions are we making with this approach of solving for optimal ticket prices?

What are some of the things that might happen in a real-life scenario that would prevent this from actually giving us the maximum revenue possible?

Talk this out with your group members to see what you can come up with.

      

Critical questions that will allow you to decide whether students can extend conceptual connections in new situations

 

 

 

We are assuming that all the tickets in both sections will sell out.

 

What happens if we sell all the tickets on the floor but only half the tickets in the balcony?  If we knew this to be the case, how can we change our formula to reflect this change/

There’s probably other things to factor in… what about group discounts?, etc…

Expected Student

Responses/Misconceptions

   

  Evaluate:

Lesson Objective(s)

Groups will present their solutions to the example problem on the board.  We will discuss the different solutions presented.

 

      

Critical questions that will allow you to decide whether students understood main lesson objectives

Expected Student

Responses/Misconceptions

Percent effort each team member contributed to this lesson plan:

___%___       ____Name of group member_____________________

___%___       ____Name of group member_____________________