2. Ethical Question time…
You are on the management team of a rapidly growing,
privately-held apparel company that had $80 million
in sales last year and is projecting $150 million for
next year. The company’s operations are entirely
U.S.-based, an anomaly in an industry that has
moved almost all manufacturing to foreign countries
in search of cheap labor. Your company has
succeeded by targeting a niche market that will pay
more for fashionable styles, making the speed and
flexibility of operations more important than the
price. Your company is also unique in its employee
policies.
3. This summer your team found the company could
not keep pace with orders. You added a second
shift and hired 1,000 new sewers to staff it,
bringing the total number of sewers to 3,000.
During the summer months, all employees
worked fulltime (eight-hour shifts, five per week)
and often overtime to meet sales needs and
replenish dwindling inventories.
It is now September and you have completed the
summer inventory needs. You now have an
additional 1,000 workers that are no longer
needed for the slow winter days. What do you do
with them?
4. What are Charts and Graphs
for?
To inform
To sell
To motivate
To persuade
5. Graphing Vocabulary
X – axis
The horizontal axis that goes across the bottom of the graph.
Y– axis
The vertical axis that runs up and down the side of the graph.
Unit
A word or symbol used in a data table/graph that tells how the information
was
measured. For example, the variable of length can be measured in the unit of
meters, feet, inches, kilometers, etc.
Variable
A word that describes what information is being collected or measured. For
example, variables can include Length, Height, Time, Temperature.
Independent Variable
A variable that is manipulated by the user to find the result. (dependent
variable)
6. Dependent variable
The variable in an experimen t t hat chan ges (res pon ds ) in
res pon s e t o chan ges in t he in depen den t variable.
Dat a
A collect ion of in f ormat ion (meas uremen t s ) f rom
obs ervat ion s .
Range
The dif f eren ce bet ween t he highes t an d lowes t value of a
variable.
Axes labels
The axes labels t ell us what in f ormat ion is pres en t ed on
each axis
Key
Shows t he dif f eren t part s of t he dat a an d what t he un it s
mean .
10. Describing line graphs
Goin g up
In creas e
Ris e
Climb
Improve
St ay t he s ame
Level out
St ay t he s ame
s t abilize
Goin g down
Decreas e
Fall
Declin e
Det eriorat e
Poin t s
Peak
Hit bot t om
f luct uat es
11. Different terms
Increased rapidly
Went up a bit
Climbed slightly
Increased steadily
Dropped markedly
Declined a bit
Rose dramatically
17. Important things about creating
visuals
Graphs and charts are given to show people
exactly what information might be hard to
understand.
When showing data, you need to choose the
right visual.
Consider your audience and what information
is needed for them.
19. Using PowerPoint
Make sure you use it to your advantage.
Don’t always write everything you say on
your slide.
Make key points on your slides.
Don’t make the PowerPoint slides become
distracting.
KISS
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