Course Title: Perform computations
Part B: Course Detail
Teaching Period: Term1 2013
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 |
Performance Criteria: |
1. Determine work requirement |
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 and round off numbers to the required degree of accuracy (learning and problem solving)
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)
Design appropriate format for workbook (self-management , initiative and enterprise)
Teaching Schedule
WEEK TOPIC
1 Revision of basics/ Profit
2 Mark-up/ Margin
3 Revision
4 Quiz 1
5 Markdown/ Performance Indicators
6 Performance Indicators/ D. Plan & Control
7 Revision
8 Quiz 2
9 Volume Analysis/ Break Even Merchandise Planning - Assignment due
10 Revision
11 Quiz 3
12 Costing Sheet/ Definition of Terms
13 Costing Merchandise/OH&S
14 Costing - Large Business
15 Costing - Small Business
16 Costing Analysis
17 Costing Assignment Due
Learning Resources
Prescribed Texts
References
Other Resources
Overview of Assessment
Assessment tasks undertaken will include assignments and questionnaires.
Assessment Tasks
Assessment tasks undertaken will include assignments and questionnaires.
Assessment Tasks
QUIZ 1 : 40%
QUIZ 2 : 20%
QUIZ 3 : 25%
Merchandise Planning Assignment : 15%
Assessment Matrix
Course Overview: Access Course Overview