# Course Title: Perform computations

## Part B: Course Detail

Teaching Period: Term2 2016

Course Code: MATH5306C

Course Title: Perform computations

School: 350T Fashion & Textiles

Campus: Brunswick Campus

Program: C4219 - Certificate IV in Fashion and Textiles Merchandising

Course Contact: Barbara Kuczuk

Course Contact Phone: 9925 9145

Course Contact Email: barbara.kuczuk@rmit.edu.au

Name and Contact Details of All Other Relevant Staff

Nominal Hours: 30

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

Year 10 maths

Course Description

This unit provides learners with the skills and knowledge to become competent to perform mathematical calculations used in business: margin percentages, mark-up percentages, markdowns, sales/m, sales/m2, stock turnover, stock-sales ratios and averages. Breakeven analysis and an introduction to the merchandise plan will also be covered.

National Codes, Titles, Elements and Performance Criteria

 National Element Code & Title: MEM12024A Perform computations Element: 1. Determine work requirement 2. Perform calculations 3. Produce charts and graphs from given information Performance Criteria: 1.1 Required outcomes are established from job instructions. 1.2 Data is obtained from relevant sources and interpreted correctly. 1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae. 1.4 Expected results are estimated, including rounding off, as appropriate. Element: 1. Determine work requirement Performance Criteria: 1.1 Required outcomes are established from job instructions. 1.2 Data is obtained from relevant sources and interpreted correctly. 1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae. 1.4 Expected results are estimated, including rounding off, as appropriate. Element: 2. Perform calculations Performance Criteria: 2.1 Calculation method is applied correctly. 2.2 Correct answer is obtained. 2.3 Answer is checked against estimation. Element: 3. Produce charts and graphs from given information Performance Criteria: 3.1 Data is transposed accurately to product charts or graphs. 3.2 Charts or graphs accurately reflect data on which they are based.

Learning Outcomes

On successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.

Details of Learning Activities

Use the four operations to perform computations involving whole numbers, fractions, decimals and percentages in different contexts (problem solving)
► Use appropriate operations, formulae and units (learning and problem solving)
► Use ratios (learning and problem solving)
► Check answers for accuracy (learning and problem solving)
► Round off numbers to the required degree of accuracy (learning)
► Produce graphs selecting appropriate scale and describe the trend (learning)
► Research and collect data (planning and organising)
► Work in a group to brainstorm and provide feedback on findings (teamwork and initiative and enterprise)
► Use a calculator (technology)
► Use self evaluation tools. (learning and self-management)
► Use on-line activities (technology)
► Design appropriate format for workbook (initiative and enterprise)

Teaching Schedule

Week Session – Topic Element
1 Performance Criteria
1 ►Outline of module and assessment method
►Health and Safety
►Review of basics
►Profit 1.4 Expected results are estimated, including rounding off, as appropriate
2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation.
2 Profit 2.1, 2.2
3 Markup and Margins
Exercises 1, 2, & 3 1.1 Required outcomes are established from job instructions.
1.5 Data is obtained from relevant sources and interpreted correctly.
1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae.
1.6 Expected results are estimated, including rounding off, as appropriate
2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation.
4 Markup and Margins
Exercises 4, 5, 7, 8, 10
Homework exercises 6, 9, 7 & ”How clever are you?” 1.1, 1.2, 1.3, 1.4, 2.1, 2.2, 2.3
5 Markup and Margins
Exercises 11 & 12 1.1, 1.2, 1.3, 1.4, 2.1, 2.2, 2.3
6 Markup and Margins
Exercises 13 & 14 1.1, 1.2, 1.3, 1.4, 2.1, 2.2, , 2.3
7 Revision of Basics, Profit & Markup and Margins 1.1, 1.2, 1.3, 1.4, 2.1, 2.2, 2.3
8 Quiz 1 : Basics, Profit and Markup & Margins
9 Markdown 1.1 Required outcomes are established from job instructions.
1.2 Data is obtained from relevant sources and interpreted correctly.
1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae.
1.4 Expected results are estimated, including rounding off, as appropriate
2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation
10 Performance Indicators 1.1 Required outcomes are established from job instructions.
1.2 Data is obtained from relevant sources and interpreted correctly.
1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae.
1.4 Expected results are estimated, including rounding off, as appropriate.
2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation
11 Dollar Planning and Control 2.1, 2.2, 2.3

12 Quiz 2 : Markdown, Performance Indicators and Dollar Planning & Control
13 The Merchandise Plan 1.1 Required outcomes are established from job instructions.
1.2 Data is obtained from relevant sources and interpreted correctly.
1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae.

1.4 Expected results are estimated, including rounding off, as appropriate
2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation
14 The Merchandise Plan 1.1, 1.2, 1.3, 1.4, 2.1, 2.2, 2.3
15 Visual Presentation of Business Data 2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation
3.1 Data is transposed accurately to produce charts or graphs
3.2 Charts or graphs accurately reflect data on which they are based.
Breakeven Analysis 2.1 Calculation method is applied correctly
2.3 Answer is checked against estimation
3.1 Data is transposed accurately to produce charts or graphs
3.2 Charts or graphs accurately reflect data on which they are based.
16 Breakeven Analysis 2.1, 2.2, , 2.3, 3.1, 3.2
17 Quiz 3 : Breakeven Analysis
Feedback and maintenance

Learning Resources

Prescribed Texts

References

Other Resources

Overview of Assessment

Assessment tasks undertaken will include assignments and questionnaires.

Quiz 1 Written assessment performed in class 40 marks
Quiz 2 Written assessment performed in class 20 marks
Class work Practical using checklist 10 marks
Mini assignment Homework assignment 15 marks
Quiz 3 Written assessment performed in class 15 marks

Assessment Matrix

 Elements Quiz 1 Quiz 2 Class work Mini Assignment Quiz 3 1.1 Required outcomes are established from job instructions. Y Y 1.2 Data is obtained from relevant sources and interpreted correctly. Y Y Y Y 1.3 Required calculation method is determined to suit the application, including selection of relevant arithmetic operations and/or formulae. Y Y Y Y Y 1.4 Expected results are estimated, including rounding off, as appropriate. Y Y Y Y Y 2.1 Calculation method is applied correctly Y Y Y Y Y 2.2 Correct answer is obtained Y Y Y Y Y 2.3 Answer is checked against estimation Y Y Y Y Y 3.1 Data is transposed accurately to produce charts or graphs Y Y 3.2 Charts or graphs accurately reflect data on which they are based. Y Y

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