Lab Description
This is the individual/single-player version of the original Snack Stand lab. Snack Stand is a business simulation lab in which the students are asked to run a virtual snack stand for the Family Field Day event at school.
The students will analyze the data from the events in the past 5 years to understand & build data models for each of the three products that can be sold at the event. Based on the models, they will make purchasing decisions, price the products for each of the 2 hours in the event, and adjust the price based on the weather of the hour. Students are given an objective that they have to make at least $150.00 profit by the end of the 2nd hour.
This particular lab is a shortened version of the full version which will be run by teams and has ten products to be sold.
Who this course is for
The lab is suitable for middle school and high school students.
Student Feedbacks
We asked students, what you remember the most about the lab, and here are some of the responses
Activities (38 Minutes)
Sub Activities
- Review Questions
- Write your questions ...
Sub Activities
- Review questions
Sub Activities
- Weather - Attendance Model
Sub Activities
- Check your understanding
- Predicting Profit
Sub Activities
- Review Questions
Building Model & Purchase Planning (38 Minutes)
Sub Activities
- Coffee
- Cold Soda Pop
- Sandwich
Sub Activities
- Coffee
- Cold Soda Pop
- Sandwich
Running the Business (46 Minutes)
Sub Activities
- Coffee
- Cold Soda Pop
- Sandwich
Sub Activities
- Coffee
- Cold Soda Pop
- Sandwich
- Price per Classroom$10 00$50.00
- Duration 2 Hours
- Activities 44
- Grade 8-12