Lemonade Stand Challenge

Cool Math Games

Welcome to the Lemonade Stand, where the challenge is to make as much money as possible! Imagine this game as a real business – the decisions you make will determinewhether or not you make lots of $$.

Getting Started

  • Google “Cool Math Lemonade Stand” and select the following web address:
  • Read the Introduction, select OK and then play the game

Purchasing & Inventory

  • You must purchase supplies for your lemonade stand – remember you must meet your customer’s demand with your supply
  • Check for bulk purchase bargains – be sure to check the unit cost of your supplies (sometimes it is cheaper to buy in bulk)
  • To find the unit cost, divide the price by the quantity
  • 0.86 / 25 = 0.0344
  • 1.66 / 50 = 0.0332
  • 3.20 / 100 = 0.0320
  • Based on this unit cost, it is cheaper to buy the maximum number of cups
  • BUT be careful, it does not always make sense to buy the maximum amount of items such as ice (melts), lemons (spoil) or sugar (bugs)

Price & Quality Control

  • You must set the price for your lemonade – too high, and you’ll lose customers; too low and you won’t maximize your profit!
  • Be sure that your price covers your total costs – otherwise you are losing money with each cup of lemonade that you sell!
  • You can adjust the price of your lemonade throughout the day using the bar on the top right of the screen

Weather

  • You cannot control the weather, but you can plan for it and take advantage of those hot, hazy days
  • Cool or rainy days mean fewer customers – you’ll want to buy fewer supplies and lower your price to maximize the number of customers
  • Hot, sunny and hazy days increase demand – be sure to stock up on supplies and to increase your price to maximize income

Customer Satisfaction

  • Customer satisfaction is another important part of the game
  • Provide a good product at a good price and your customers will be happy (and they’ll tell their friends!)
  • Your popularity will increase throughout the game if your customers are happy – and they will tell you if they don’t like something (pay attention to what they are saying!)

End of Season Report

  • you will receive a statement that outlines...
  • Total Income (what you made)
  • Total Expenses (what you spent on supplies)
  • Liquidated Inventory Value (what your remaining supplies are worth)
  • Net Profit/Loss (your take home pay!)

Good business decisions and some luck with the weather will either

start you down the road to riches or leave you filing for bankruptcy!

You might even be able to make more than $1000 .

Good luck!