Course Title: Perform computations
Part B: Course Detail
Teaching Period: Term1 2015
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
Effie Wlodarczyk
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: |
1.1 Required outcomes are established from job instructions. |
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
2.2 Correct answer is obtained.
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
2.2 Correct answer is obtained
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
2.2 Correct answer is obtained
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
2.2 Correct answer is obtained
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
2.2 Correct answer is obtained
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
2.2 Correct answer is obtained.
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
2.2 Correct answer is obtained
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.
Assessment Tasks
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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