Math 343 – Modern Business Mathematics Fall 2015 (McFaul) Disclaimer: All information in this syllabus is subject to change if the instructor finds it necessary. Any change will be announced during a class session. Absent students are still responsible for any announced changes. By enrolling in Math 343 the students accepts all responsibility for understanding everything set forth in this syllabus. Course Meetings: TTH 8:15 am – 10:20 am, FLC FL5-109 Text: Purchase eBook ($75) via publisher interactive website at www.webassign.net Class Key: flc.losrios 3539 4382 Applied Mathematics for the Managerial, Life, and Social Sciences, 5th Edition, by Tan ISBN-10: 0-495-55967-9 Technology: This class will utilize technology. To facilitate this, the class is taught in a computer lab. We will utilize online tools including the publisher website, graphing utilities and instructional applets. Spreadsheets will be used to build various mathematical and financial models. Instructor: Steve McFaul Aspen Hall 144 Phone: 608-6675 Email: mcfauls@flc.losrios.edu Web Site: www.flc.losrios.edu/~mcfauls Google Drive: apps.losrios.edu Math 343 Link to Google Drive: https://drive.google.com/a/apps.losrios.edu/folderview?id=0BxGRLKZh0CUpaEpPYWloZ3pM bDQ&usp=sharing Gmail: Office Hours: Monday 4:00 – 5:30 p or by appointment The Course: Revised 06/17/2015 All students are given a Gmail account through apps.losrios.edu. This is how professors and the college communicate with students. More information can be found on my website landing page. Click on the Gmail link. Tuesday 10:30 – 11:30 a Wednesday 4:30 – 5:30 p Thursday 10:30 – 12:00 a Friday Math 343 is a four-unit course. Credit for this course is AA degree applicable and transferable. This course is designed around applications of mathematics in an economic and business context. This course is not recommended for mathematics or physical science majors. Page 1 Course Content: Course content includes a brief review of algebra including factoring; base e and natural logarithms, quadratic, power, exponential, logarithmic and rational equations. The major topics included are functions (graphs and tables), finance (interest and exponential models), rates of change, optimization, and linear programming. The content of the course is structured to incorporate tables, graphs and data sets collected from realworld situations. A scientific or graphing calculator will be required for this course. A more specific breakdown of topics can be found in the college handbook. It is highly recommended that you see a counselor as part of your college planning. Student Learning Outcomes: Upon completion of this course, the student will be able to: Analyze formulas, graphs, tables, and data sets in order to form conclusions and make predictions. Calculate and interpret compound interest, present and future values, and annuities for various applications. Graph and apply linear, quadratic, power, polynomial, exponential, and logarithmic functions in a given model. Calculate and interpret solutions to linear programming problems. Evaluate rates of change for a variety of functions and apply it to marginal analysis. Calculate and interpret optimum values related to business applications. Prerequisite: Minimum “C” or better in Math 120 (Intermediate Algebra) or successful completion of the placement test. Proof of the necessary prerequisite is required for continued enrollment beyond the first week. The instructor will check for proof that you meet the prerequisite during the first week of class. You can meet the prerequisite in two ways: providing a copy of a college transcript with grade of C or better or by taking an assessment test that places you Math 343. Nothing else constitutes having met the prerequisite. In the case of providing a college transcript if the transcript is outside of Los Rios, a list of equivalent courses is listed at the math homepage www.flc.losrios.edu/~flcmath. Revised 06/17/2015 Page 2 Grading: Letter grading will be calculated based on the following percentages: Note: final grade percentages are NOT rounded. 90% - 100% 60% - 69% A D 80% - 89% B less that 60% F 70% - 79% C Points are weighed as follows: Homework: Exams / Quizzes Final Exam: 20% 60% 20% Exams graded on a 100 points basis, quizzes on a 10 point basis, written homework on a 10 point basis, online homework based on and class assignments on a variable point basis. “In progress” grades will be made available throughout the semester. Homework: Homework will be assigned for each section. There will be both a written and online portion for homework. Instruction for completing the online homework will be given at the beginning of the course. Homework will mainly be comprised of exercises from the textbook and will be supplemented with worksheets. Written application problems from the textbook will be assigned for you to turn. A list of HW application problems will be posted on my website. Late written homework may be turned in for half credit at the beginning of the next class session but will not be graded until the end of the semester and only if necessary. See the Homework Guidelines for complete directions and grading criteria. Exams: Four exams will be given during the semester. They will be announced in advance about 1 week before the exam. All exams will be closed book, closed notes unless otherwise instructed. Pencils must by used on exams. Illegible work and/or answers are incorrect. Missed exams cannot be made up. However, if you miss an exam the final may be used to replace the missed exam. The final may be used to replace ONE missed exam. If more that one exam is missed then a zero will be assigned to each missed exam beyond the first. If the makeup privilege is used, there will be a 10% penalty. A comprehensive final exam will be given Tuesday, December 15, 2015 from 9:00 to 10:50 am. Quizzes: Several quizzes may be given during and semester and may or may not be announced. Quizzes are open note (including homework) but closed book. Quiz problems will be very similar to problems from the homework due during that particular class session or problems done in class. Missed quizzes cannot be made up. Revised 06/17/2015 Page 3 Class Participation: Students will benefit from class participation in borderline cases (see definition below). Class participation will be noted by the instructor during most class sessions for those students that answer questions posed and those students that present problems on the board when asked. Class participation may be an individual or group activity. Borderline Cases: A borderline case is defined as any student within 1% of the next higher grade. At the end of the semester the grade of a borderline student MAY be raised to the next highest grade if the student is within 1% of the next higher grade and both of the following cases are true. 1. The score on the final exam is greater than the overall average. 2. ALL work has been completed and class participation has been noted. Note: A Student will be excused for missing one quiz and one homework assignment during the semester. Exceptions: No grade with be raised if the Final Exam score is less than 60. No grade with be raised if the Final Exam score is more than 10 points below the raised grade being considered. Example: For a grade to be raised to a “B” the score on the final must be at least 70. No grade will be raised if the written OR online Homework average is less than 70%. No grade will be raised if you’ve missed more than 3 class sessions. No grade will be raised if you’ve been late to class more than 3 times. Note: grades are raised by adding sufficient points to the Exam/Quiz category in order to achieve the next highest grade. Attendance: Attendance will be taken for each class session. FLC policy states that you may be dropped from a course after missing 6% of the class meeting time. If you have four absences for any reason, you may be dropped from the class at my discretion without notification. If you have four absences for any reason and you are failing the class you WILL be dropped from the course without notification. It’s the student’s responsibility to know the material covered in the class. Examples may often be used in class not included in the text. In addition unannounced quizzes and class assignments may be given during class time. These quizzes cannot be made up. If you miss a class, you miss the quiz. Tardiness: Please get to class on time. Students late to class on a day homework is collected or tests and quizzes are given may have points deducted. Tardiness will also affect disposition in borderline cases. If you have a special issue please discuss it with me. Revised 06/17/2015 Page 4 Class Policies: I expect courteous behavior at all times. I will not tolerate profanity or rudeness. Do not leave the classroom at any time during class unless you check with me first. If you have been given permission to leave, please do so quietly and with minimum disruption. If you are disrupting the class by talking, I will ask you to leave. Not paying attention, including sleeping, will be considered a disruption. Before you leave each day, please pick up any refuse and dispose of it. Leave the classroom as neat as when you came in. Campus policy prohibits eating and drinking in classrooms. Cheating will be punished swiftly and severely. Anyone caught cheating will receive a zero on the exam and lose all makeup privileges. It is your responsibility to protect yourself from cheating accusations by protecting your work on an exam as well as keeping your eyes focused on your own paper at all times. Cell phones: Cell phones are not allowed in my class (or must be turned off before you enter the room). If your cell phone rings during class you may be asked to leave. If you answer the phone or you text message during class your highest test during the semester will be recorded as a zero. Student Conduct: By enrolling in classes at FLC a students must comply with a student code of conduct set forth by federal and state laws, college rules and regulations, and District policies. Students violating such rules and regulations are subject to disciplinary actions. Student’s rights and responsibilities with regard to the Disciplinary Process and Grievance Policy are outlined in the college catalog. Resources: Your classmates are your best source for assistance. Make a point of meeting with some of them on a regular basis to help fill in missing gaps in your knowledge. Please make use my office hours and the free tutoring available (the schedule is posted around campus). I am available by email should you have questions. I rarely check voice mail. Don’t wait until it’s too late. GET HELP! Revised 06/17/2015 Page 5 How to Succeed: Revised 06/17/2015 This class is extremely fast-paced and many students find themselves quickly overwhelmed. What do you need to do to be a “Math 343 survivor”? You should plan to spend at least 2 hours out of class studying for every hour in class in order to pass this class. It is extremely difficult to overcome a bad start so I encourage you to set good study habits the first few weeks of the semester. Take the time to read the section(s) we’re covering in class that day before you come to lecture. It will seem confusing at first but it will make class time much more productive for you. Do the homework right away. You should always have the homework done before the next class period. As I said, we move fast and skipping even one day’s homework will make it hard to catch up. Put aside time to study for this class every day. If you have a question/problem on homework, take care of it right away…call a classmate, find a tutor, or come see me, but don’t let your questions go unanswered! Start studying for exams about a week ahead of time, setting a schedule for yourself so that you don’t cram. If you come to class prepared every session, take the time to do your homework well, and are proactive about getting help, you’ll be well on your way to success in Math 343. Page 6 Homework Guidelines Homework and “Written Homework” will be graded on a COMPETITIVE ten-point scale. The best paper that follows the homework guidelines will set the standard. Only perfection will receive all points. What do I look for in your homework assignments? Each problem should have complete, clearly written solutions (not just an answer). Most problems assigned will have answers in the back of the book however I want to see the process of solving the problem reflected in a step-by-step solution. Generally you should include all information in your answer necessary to explain the problem to someone if you didn’t have the original problem available. Unacceptable homework will be returned with a “NG” (not graded) notation. You will have until the next class session to resubmit the homework in an acceptable fashion for grading. Failure to resubmit the homework will result in a zero score. The following are some specific criteria. Points will be deducted if these criteria aren’t followed completely. 1. Points will be deducted for not using a pencil. Exceptions may be allowed in cases where color is being used to enhance the presentation of the problem. 2. The section number and assignment must be clearly written at the beginning of the assignment or page for EACH section. 3. The assignment must be complete and neatly written. Points will be deducted for sloppy work. If your work is not legible, I will not grade it. 4. The assignment must be logically organized. Points will be deducted for out of order pages or problems and general lack of organization. 5. Your homework must be stapled in the upper left hand corner. Papers must be stapled in such a way that when flipping through, all problems can be read. 6. Do not turn in pages torn from a spiral notebook with ragged edges 7. You must write out the problem and then proceed to show all steps involved in solving the problem. The only exception to this will be word problems or problems involving graphs. You need not write out word problems or problems involving graphs. 8. If a formula is used the then the setup of the formula should be shown even if a calculator or software is used for the actual calculation. 9. Your answer must be clearly circled or boxed unless instructed otherwise. If applicable a conclusion or interpretation may be required. 10. The answer to a problem must be complete including any follow-up or associated questions. 11. If a problem includes context then your answer or conclusion must include that context. 12. If you do not show any work I will make an “NWNC” (no work, no credit) notation, and you will get a zero. 13. If we do a problem in class feel free to copy the solution off the board for your homework, just make sure you copy the entire problem, work and solution. It is your responsibility to understand how to do the problem on your own Revised 06/17/2015 Page 7