Snack Stand


Lab Description
In this interactive simulation, students take on the role of a snack stand manager during their school’s 2-hour Family Field Day event. Their challenge? Earn at least $150 in profit by making smart, real-world business decisions.
Students sell three products—Coffee, Cold Soda Pop, and Sandwiches—and are provided with a weather forecast, price card, and attendance data to plan their pricing and purchasing strategies. Throughout the lab, students will:
- Build demand curves using historical data
- Create revenue and profit models
- Make purchasing decisions based on predicted demand
- Adjust prices in real time if the actual weather changes
- Analyze actual vs. expected sales and account for leftover inventory
- Calculate total profit and reflect on their performance
The lab can be run as a classroom competition, with an auto-generated leaderboard based on each student’s total profit. This lab gives students a fun and engaging way to understand the basics of business, including:
🔹 Price vs. demand
🔹 Pricing strategies
🔹 Revenue and profit
🔹 Demand curves
🔹 Purchasing decisions
It’s a hands-on, practical introduction to entrepreneurship that combines math, economics, and decision-making in a memorable and competitive classroom experience! 🚀
