Cross-Country Cost Comparison: Ratio and Fraction
Activity Description
In this engaging and hands-on worksheet activity, students step into the role of the CEO of a manufacturing company. Their mission is to make informed decisions about sourcing raw materials from three different countries: Japan, the UK, and Germany. Students will use the knowledge of ratios, unit rates, and fractions to convert currency from different countries into USD by looking up the exchange rates table.
The activity is designed to reinforce critical math concepts, specifically ratios, unit rates, and fractions, while also introducing students to the practical side of mathematical analysis.
Learning Objective
The primary learning objective of this interactive worksheet activity is to enable students to comprehend and apply the concepts of ratios and fractions in the context of unit rates while engaging in a real-world scenario as a manufacturing company CEO.
They will learn how to compare and contrast the costs of raw materials in different countries, involving the additional skill of currency conversion to USD.