To earn $100 in the Lemonade Stand in took me MANY trials and errors, I probably started over 13 times before I got it. Overall, it cost me about 12 cents to create one cup of lemonade. The perishable items included lemons (because they would spoil), ice (because it melted), and on the rare occasion sugar (because bugs got in it.) It took me awhile to get down how much sugar/lemons/ice I should buy since my sugar to lemonade ratio was usually around a 2:1. Weather definitely played a huge impact in the game, when it was 55 degrees out and rainy I realized it was better to put maybe one ice cube with more sugar and price it at 10 cents. On the other side of the spectrum, when it was 99 degrees I would put 10 ice cubes per cup and more lemons that sugar. Hot days was when I made most the income. Popularity I think had the littlest effect on the sales, I think it was more about the quality of the lemonade. I definitely think that the game was a good representation on how running a business works and an example of supply and demand.
Monday, December 2, 2013
Lemonade Stand
To earn $100 in the Lemonade Stand in took me MANY trials and errors, I probably started over 13 times before I got it. Overall, it cost me about 12 cents to create one cup of lemonade. The perishable items included lemons (because they would spoil), ice (because it melted), and on the rare occasion sugar (because bugs got in it.) It took me awhile to get down how much sugar/lemons/ice I should buy since my sugar to lemonade ratio was usually around a 2:1. Weather definitely played a huge impact in the game, when it was 55 degrees out and rainy I realized it was better to put maybe one ice cube with more sugar and price it at 10 cents. On the other side of the spectrum, when it was 99 degrees I would put 10 ice cubes per cup and more lemons that sugar. Hot days was when I made most the income. Popularity I think had the littlest effect on the sales, I think it was more about the quality of the lemonade. I definitely think that the game was a good representation on how running a business works and an example of supply and demand.
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