Did You Know? · In 2013, Delta Airlines began purchasing used aircraft instead of new aircraft,...

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Weight of an Airplane Composites Aluminum Titanium Steel Other 7% 7% 52% 20% 14% Did You Know? Video TOPIC 4 PROJECT Your Task: Manufacturing Costs Most robotic arms have six joints connecting seven segments. A computer’s precision allows the robotic arm to perform exactly the same task over and over again. Robotic arms are now used to assemble cars. You and your classmates will collect data about a potential business venture, and determine the number of items that must be built and sold in order for the business to be profitable. Based on this and other information, you will give advice about whether or not the business venture is viable and how to improve it. All business-related costs are either fixed or variable. Fixed costs for a business include rent and machinery to make items to be sold by the business. Variable costs include the materials needed to make the items. In 2013, Delta Airlines began purchasing used aircraft instead of new aircraft, lowering its fixed costs (buying aircraft) and raising its variable costs (maintaining its aircraft). 192 TOPIC 4 enVision STEM Project Go Online | PearsonRealize.com

Transcript of Did You Know? · In 2013, Delta Airlines began purchasing used aircraft instead of new aircraft,...

Page 1: Did You Know? · In 2013, Delta Airlines began purchasing used aircraft instead of new aircraft, lowering its fixed costs (buying aircraft) and raising its variable costs (maintaining

Weight of an Airplane

Composites

Aluminum

Titanium

Steel

Other

7%7%

52%

20%

14%

Did You Know?

Video

TOPIC 4 PROJECT

Your Task: Manufacturing Costs

Most robotic arms have six joints connecting seven segments. A computer’s precision allows the robotic arm to perform exactly the same task over and over again. Robotic arms are now used to assemble cars.

You and your classmates will collect data about a potential business venture, and determine the number of items that must be built and sold in order for the business to be profitable. Based on this and other information, you will give advice about whether or not the business venture is viable and how to improve it.

All business-related costs are either fixed or variable. Fixed costs for a business include rent and machinery to make items to be sold by the business. Variable costs include the materials needed to make the items.

In 2013, Delta Airlines began purchasing used aircraft instead of new aircraft, lowering its fixed costs (buying aircraft) and raising its variable costs (maintaining its aircraft).

192 TOPIC 4 enVision STEM Project Go Online | PearsonRealize.com