Instruction: Identify each activity in terms of the problem solving stage where it best

belongs. Write your answer on the blank provided before each item.

Problem Identification Problem Analysis Decision Making Decision Implementation

__________1. Consider different approaches to solving the problem.

__________2. Adding details to the initial investigation, saying exactly what the problem is (and not just its symptoms).

__________3. Plan details of the implementation

__________4. Change operations to introduce new ways of doing things.

__________5. Compare solutions, looking at all aspects of their performance.

__________6. Monitor actual performance.

__________7. Identify the key variables and relationships between them.

__________8. Identify and agree the best overall solution.

__________9. Build a model of the problem and test its accuracy.

__________10. Analyze the results, making sure that they are accurate and consistent.

Sara Maquiling sells handcrafted yard decorations at county fairs. The variable cost to make these is $ 85 each, and he sells them for $ 120. The cost to rent a booth at the fair is $200.

Requirements:

a) Identify the parameters of the problem

b) Create the mathematical model that represents the problem

c) If Sara sells 250 units, what would be the profit?

d) How many units must Sara sell to breakeven?

no hand writing