Slide 1 Music website Teacher resource 4.1. Slide 2 Use information gathered from the music website to develop your financial model Answer a range of.

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Presentation transcript:

Slide 1 Music website Teacher resource 4.1

Slide 2 Use information gathered from the music website to develop your financial model Answer a range of questions by creating formulae in your financial model Test at least one prediction Today you will:

Slide 3 1How much does it cost to put on the concert? 2How much profit will there be if the most expensive seats are £16 3What is the maximum number of tickets as above which must be sold so as not to lose money? 4How many tickets must you sell to make a profit of £4500? By the end of the lesson you will be able to answer:

Identify Outline of the problem Analyse The needs of the system Evaluate Refining the system Design Planning all parts of the system Implement Creating the system Test Making sure the system works System life cycle