Fishing Unit
FISH BUCKS: Lobstering!!
Information for Teachers:
Skills to develop- basic computational skills with decimals, solving word problems with multiple steps.
Pick different numbers and you can do this activity over multiple days. Results will be similar, but different over time. This
long term unit provides an opportunity to gain an appreciation for the changes of prices as they relate to the overall profit or loss.
Making subtle changes with this finite number of variables enables the student to make comparisons based on a profit history,
then make predictions and estimate the profit/ loss given a new data set.
Benchmark Prices:
Bait can cost between $5 - 30 per tote. Mr. Woodin usually buys 2 totes when it’s cheap, 1 when more expensive.
Gas is just normal gas from a gas station. Currently about $3.05 per gallon.
Lobsters sell for $4.00 -8.00 per pound based on demand and availability.
He uses 1-2 totes of bait per day, about 5 gallons of gas, and catches between 15-50 pounds of lobster.
Fishing Unit
FISH BUCKS: Lobstering!!
Mr Woodin uses his 150 traps, fuel, bait, and hard work to catch lobsters.
The lobsters are then sold to make money. The traps are already paid for, but he needs to buy gas and bait everyday.
Today, bait costs $ __________ per tote.
Gas sells for $_________ per gallon. Lobsters sell for $____________ per pound.
Today, Mr. Woodin used _____totes of bait, and _____ gallons of fuel to catch _________ pounds of lobsters.
Find the profit or loss that he made.
4) Lobster sales
1) Cost of bait
2) Cost of fuel
3) Total costs
5) Profit / Loss
Answer the question in a complete sentence:
©2008 C. Woodin
Fishing Unit
FISH BUCKS: Lobstering!!
Mr Woodin uses his 150 traps, fuel, bait, and hard work to catch lobsters.
The lobsters are then sold to make money. The traps are already paid for, but he needs to buy gas and bait everyday.
Today, bait costs $ __________ per tote.
Gas sells for $_________ per gallon. Lobsters sell for $_________ per pound.
Today, Mr. Woodin used _____ totes of bait, and _____ gallons of fuel to catch _____ pounds of lobsters.
Find the profit or loss that he made.
Define variables: _______ = # totes,
_______ = gallons of gas,
_______ = # pounds of lobsters
Write, then simplify an expression that describes the entire transaction:
1) Cost of bait
2) Cost of fuel
3) Total costs
4) Lobster sales
5) Profit / Loss
©2008 C. Woodin
This report includes delayed reports for Wednesday February 13 and February 14, 2008
http://www.st.nmfs.noaa.gov/st1/market_news/doc31.txt
BOSTON, MASS. NEW ENGLAND FISH EXCHANGE AUCTION
FISH LANDINGS AND PRICES IN 1,000 LBS & $/CWT DATE 2/15/08 FRIDAY
NO LANDINGS REPORTED
NEW BEDFORD - WHALING CITY SEAFOOD DISPLAY AUCTION
FISH LANDINGS & PRICES IN 1,000 LBS & $/CWT DATE 2/15/08 FRIDAY
SPECIES
LBS MIN
HIGH
HADDOCK
0.5
181
189
HADD SCRD
2.7
155
159
GILLNET MKT COD
0.6
200
205
SCRD
0.1 171
175
COD LGE
0.4 260
364
MKT
2.3 198
218
SCRD
0.8 173
177
MIXED COD
0.1 134
134
POLLOCK
0.1 102
102
POLL MED
0.5 102
112
HAKE MED 1/
0 162
162
SML
0 142
142
HLBT
0 735
735
OCN PRCH
0 100
100
DABS LGE
0 232
232
MED
0.1 223
223
SML
0 162
162
GREYSOLE LGE
0 422
422
MED
0 262
262
SML
0.4 217
225
LGE GEO BLACKBACKS 0 162
162
CHANNEL PEEWEE BB 0 112
112
YELLOWTAIL LGE
0.5 246
263 This is Flounder 2.63 per pound
SML
0.4 215
224
Fish Bucks GameThis series of worksheets helps to develop skills related to estimation of percentages, percent to decimal conversions, multiplication of decimal
numbers, exposure to multistep word problems, and internet skills. This long term unit helps to develop accuracy over time. The game-type
format adds fun to the activity.
Find actual fish prices from internet web sites. Use a search engine like Dogpile or Yahoo to find prices. Type: FISH AUCTION PRICES
into the search window. You should get results like the following:
usa boston mass new england fish auction prices
PRICE HADDOCK 1.0 175 HADD SCRD 0.4 160 COD LGE 0.3 250 MKT 1.1 231 SCRD 0.1 200 ... BEDFORD - WHALING CITY SEAFOOD DISPLAY AUCTION FISH LANDINGS & PRICES IN 1,000 ...
www.st.nmfs.noaa.gov/st1/market_news/doc31.txt
or
FIS.com
INTRODUCTION In recent years fish production fro... Read more. Market Prices ...
US - Boston Fish Exchange Auction * US - Boston Frozen Market ...
fis.com/fis/marketprices/index.asp
These sites will provide the prices per pound that are paid on a given date. The prices fluctuate on a daily basis. In addition, certain types of fish
are not caught /landed on certain days. In this instance, students who chose to catch some of those fish will get paid nothing! That’s why they
call it “fishing” instead of “catching”!
How to play: Today’s 200 Pound Catch
First, each student should allocate his catch. He should divide his 200 pounds of fish into four types of fish. He does this by selecting a number
of fish boxes to hold each fish type. Using the following page as an example, notice that three 20 pound boxes are selected for Wolf Fish- so there
are “W’s” written on three boxes. The student chose to divide his remaining 140 pounds in the following manner; Haddock: 2 boxes, Cod:1 box,
and Flounder: 4 boxes.
Students should calculate the number of pounds that have been selected of each type.
At this point, the teacher should supply the daily catch report , or read the values for each type.
Students should then multiply the weight of each fish type by the price provided. The best fisherman is decided by the person who gets the largest
sum of money.
Today’s 200 Pound Catch
Sam Pull
February 15, 2008
• Use colors to select the 4 types of fish
that you caught.
• Each fish box represents 20 pounds.
100%
Friday
200 Pounds
2. 6 3
x 4 0
W
20 W
20
W
20 H
20 H
20
50%
C
20 F
20
20
F
20 F
20
10%
0%
F
Color
Key
Haddock
# Pounds
Cod
40
20
Flounder
80
Wolf fish
60
Cusk
Pollock
Totals:
200
Today’s Price
Value = Pounds x Price
per pound
2.• 6 3
•
•
•
•
•
•
•
•
•
•
•
Today’s 200 Pound Catch
• Use colors to select the 4 types of fish
that you caught.
• Each fish box represents 20 pounds.
100%
200 Pounds
20
20
20
50%
20
Haddock
20
Cod
20
Flounder
20
Wolf fish
20
20
10%
0%
Color
Key
20
Cusk
Pollock
Totals:
# Pounds
Today’s Price
Value = Pounds x Price
per pound
•
•
•
•
•
•
•
•
•
•
•
•
Today’s 250 Pound Catch
• Use colors to select the 4 types of fish
that you caught.
• Each fish box represents 25 pounds.
100%
250 Pounds
25
25
25
25
50%
Cod
25
Flounder
25
Wolf fish
25
0%
Haddock
25
25
10%
Color
Key
25
Cusk
Pollock
Totals:
# Pounds
Today’s Price
Value = Pounds x Price
per pound
•
•
•
•
•
•
•
•
•
•
•
•
Today’s 300 Pound Catch
• Use colors to select the 4 types of fish
that you caught.
• Each fish box represents 30 pounds.
100%
300 Pounds
30
30
30
30
50%
Cod
30
Flounder
30
Wolf fish
30
0%
Haddock
30
30
10%
Color
Key
30
Cusk
Pollock
Totals:
# Pounds
Today’s Price
Value = Pounds x Price
per pound
•
•
•
•
•
•
•
•
•
•
•
•