Snack Stand
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.
Student Feedback
