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Celebrities Born Today: <
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Anne
Frank (1929)
George Bush (1924)
Tim DeKay (1963 - PCM
Interview)
Jim Nabors (1932)
John Linnell (1959) |
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June Trivia
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12th's History of Math Class: |
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Teaching Math in 1950:
A logger sells a truckload of lumber for $100. His cost of
production is 4/5 of the price. What is his profit?
Teaching Math in 1960:
A logger sells a truckload of lumber for $100. His cost of
production is 4/5 of the price, or $80. What is his profit?
Teaching Math in 1970:
A logger exchanges a set "L" of lumber for a set
"M" of money. The cardinality of set "M"
is 100. Each element is worth one dollar. The set "C",
the cost of production contains 20 fewer points than set What
is the cardinality of the set "P" of profits?
Teaching Math in 1980:
A logger sells a truckload of lumber for $100. His cost of
production is $80 and his profit is $20.
Your assignment: Underline the number 20.
Teaching Math in 1990:
By cutting down beautiful forest trees, the logger makes $20.
What do you think of this way of making a living? Topic for
class participation: How did the forest birds and squirrels
feel as the logger cut down the trees? There are no wrong
answers.
Teaching Math in 1993:
By laying off 402 of its loggers, a company improves its stock
price from $80 to $100. How much capital gain per share does
the CEO make by exercising his stock options at $80? Assume
capital gains are no longer taxed, because this encourages
investment.
Teaching Math in 1997:
A company outsources all of its loggers. They save on benefits
and when demand for their product is down the logging work
force can easily be cut back. The average logger employed
by the company earned $50,000, had 3 weeks vacation, received
a nice retirement plan and medical insurance. The contracted
logger charges $50 an hour. Was outsourcing a good move?
Teaching Math in 2010:
A logging company exports its wood-finishing jobs to its Indonesian
subsidiary and lays off the corresponding half of its US workers
(the higher-paid half). It clear-cuts 95% of the forest, leaving
the rest for the spotted owl, and lays off all its remaining
US workers. It tells the workers that the spotted owl is responsible
for the absence of fellable trees and lobbies Congress for
exemption from the Endangered Species Act. Congress instead
exempts the company from all federal regulation. What is the
return on investment of the lobbying?
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In
Case You Didn't Know...
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I am.
is the shortest complete sentence in the English language.
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