Hi Ben,
write a portfolio using this feedback and make it seem like a 14 year old wrote it
I'm looking over your portfolio, and you did a nice job sharing about inequalities! However the work you have shared is not what the portfolio asks us to complete.
Here are some tips to help with this portfolio. For Task 1, decide on an item you would like to make and sell for a business, and answer the following questions:
1) What is the item for your business?
2) How much does it cost to make that item?
3) How much money are you investing in your business?
4) How much money will you sell the item for?
For example, let's say it costs $20 to make a shirt that you will sell for $60, and you have $200 to invest in your business. The numbers you will use for your portfolio are different, I am using these numbers to share as an example.
For Task 2, we are asked in part a to write an inequality to represent the fact that while making your product you can't exceed the spending limit. For my example here, it costs $20 to make each shirt, and we can't spend more than $200 (since this is the amount we have to invest in our business). To write this as an inequality we will have: 20x ≤ 200
For part b, solve this inequality for x (in this case we would divide 20 to both sides of the inequality, which gives x ≤ 100) and then graph the answer on a number line. Tasks c and d asks us to write an equation and find the total earnings:
Total earnings = selling price * amount of shirts you can make
Selling price is $60, and the amount of shirts you can make is 100. Multiply these together to find the total earnings.
Now, answer question e) Don’t forget that at the beginning of the process you had to spend some of your own money to get started. With the costs taken into account, what was your total profit? Did you make money or lose money? Now that you have these values, would you adjust your business plan from Task 1? If so, how?
I am going to excuse Task 3, you can focus on redoing Task 2 following my process above. Be sure to pick 1 item to work with, and use different amounts than I used :)
I know this is a lot of info, it might be helpful to copy this and paste it into a word document in order to read and work through it, and to create your own example to add in the drop box.
Hey Ben!
So, I've looked over your portfolio and I really liked how you explained about inequalities! But, it seems like you kinda went off track with what the actual portfolio is asking for. No worries though, I'm here to help you out and give you some tips on how to improve it!
For Task 1, you need to choose an item that you wanna make and sell for your business. Then, you have to answer these questions:
1) What's the item you wanna sell?
2) How much does it cost to make that item?
3) How much money are you gonna invest in your business?
4) How much money are you gonna sell the item for?
Let me give you an example to make it clearer. Let's say you wanna make shirts and each shirt costs $20 to make. You're planning to sell each shirt for $60. And, you have $200 to invest in your business. The numbers I'm giving you are only examples, so you gotta come up with your own!
Now, for Task 2. In part a, you have to write an inequality to show that you can't spend more than a certain amount while making your product. Let's use the example of the shirt. The cost to make each shirt is $20 and we can't spend more than $200 in total. So, the inequality would be: 20x ≤ 200. (Again, this is just an example!)
In part b, you have to solve the inequality for x. In our case, we would divide both sides of the inequality by 20, and that gives us x ≤ 10. Then, you gotta graph this on a number line.
Tasks c and d ask you to write an equation and calculate the total earnings. You can find the total earnings by multiplying the selling price (let's say $60) with the number of shirts you can make (let's say 10).
Now, for question e, remember that you had to spend some of your own money at the start. So, after taking all the costs into account, calculate your total profit. Did you make money or lose money? Based on that, think about whether you would change your business plan from Task 1. If so, how?
I'm gonna give you a free pass on Task 3, so just focus on redoing Task 2 using the steps I mentioned. Make sure to choose a different item and different amounts than the ones I used in my example :)
I know it's a lot of information, so it might be a good idea to copy all of this and paste it into a word document. That way, you can easily read and work through it, and also add your own example in the drop box!
I hope this helps! Good luck, Ben! You got this!