Role: CEO
Audience: Board of Directors
Format: Letter
Topic: Request to add new product to business
As a class we have just explored how to write equations for
real world situations. Each of you were asked to create a business and then
think of a new product that you would like to sell within your business. Now
that you have selected a new product and created a formula that can be used to
determine profit you will need to present the Board of Directors with your
formal request. You need to use the graph so the Board can see at-a-glace the
potential for profit. You must also describe in detail the new product.
Dear Board of Directors,
I have found an exciting new product that I believe we
should add to our product line. This product is a new fashionable pocket
protector. This pocket protector will be made in new, bright colors. There is
currently nothing on the market like this pocket protector. I have found that
this new pocket protector can be sold at a profit of $2.50 per pocket
protector. Although there is a onetime fee of $10 I still believe this product
can take our company to the next level. My team of mathematicians has created a
formula that we can use to help us evaluate our potential for profit.
The formula is y = 2.50 x - 10 , where x represents the number of pocket protectors sold
Below is a graph that shows the potential profit that we can
make from this new product.
Please review the information I have submitted and let me know
as soon as you have made a decision. I look forward to adding this product to
our company and feel this new product can help boost our sales.
Thank you for your consideration,
Michael Harshbarger
COE, Cool Mathematicians Inc.
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