Interesting !!!

Got this forward from someone - and found it interesting !!!

TEACHING MATH AT WHARTON
A logger sells a truckload of lumber for $100. His cost of production is 4/5 ofthe price. What is his profit? Please create six different financial scenarioswith notes.

TEACHING MATH AT COLUMBIA MBA
A logger sells a truckload of lumber for $100. His cost of production is 4/5 ofthe price, or $80. What is his profit?

TEACHING MATH AT KELLOGG
A logger sells a truckload of lumber for $100. His cost of production is 4/5 ofthe price, or $80. His profit is $20. But that's irrelevant - what would be acool slogan to put on his truck? Please indicate color scheme as well.

TEACHING MATH AT SLOAN (MIT)
A logger exchanges a set "L" of lumber for a set "M" of money. The cardinalityof set "M" is 100. Each element is worth one dollar. Make 100 dots representingthe elements of the set "M." The set "C," the cost of production, contains 20fewer points than set "M." Represent the set "C" as a subset of set "M" andanswer the following question: What is the cardinality of the set "P" ofprofits?

TEACHING MATH AT UNC
A logger sells a truckload of lumber for $100. His cost of production is $80 andhis profit is $20. Your assignment: Underline the number 20.

TEACHING MATH AT DUKE
By cutting down beautiful forest trees, the logger makes $20. What do you thinkof this way of making a living? Topic for class participation after answeringthe question. How did the forest, birds and squirrels feel as the logger cutdown the trees? There are no wrong answers.

TEACHING MATH AT HARVARD
By laying off 402 of its loggers, a company improves its stock price from $80 to$100. How much capital gain per share does the CEO make by exercising his stockoptions at $80? Assume capital gains are no longer taxed, because thisencourages investment. No need for financial analysis.

TEACHING MATH AT UNIVERSITY OF CHICAGO
A company outsources all of its loggers. They save on benefits and when demandfor their product is down, the logging work force can easily be cut back. Theaverage logger employed by the company earned $50,000, had three weeks'vacation, received a nice retirement plan and medical insurance. The contractedlogger charges $50 an hour. Was outsourcing a good move? Answer is always YES.

TEACHING MATH AT STANFORD
A logging company exports its wood-finishing jobs to its Indian subsidiary andlays off the corresponding half of its Canadian workers (the higher-paid half).It clear-cuts 95% of the forest, leaving the rest for the spotted owl, and laysoff all its remaining Canadian workers. It tells the workers that the spottedowl is responsible for the absence of loggable trees and lobbies Parliament forexemption from the Endangered Species Act. Parliament instead exempts thecompany from all federal regulation. What is the return on investment of thelobbying costs? Extra Credit: DO in conjunction with someone from Public PolicyBackground.