Printable student worksheet

Lemonade Stand Simulator Worksheet

Predict, run a baseline, change one decision, compare evidence, and explain a pricing, capacity, or waste tradeoff.

Student and investigation

Name:
Date:
Team role:

Investigation question: How does changing one booth decision affect profit and at least one customer, capacity, or waste measure?

1. Plan a fair comparison

Independent variable—the one decision I will change:

Controlled variables—the decisions I will keep the same:

Prediction: If I change __________ from __________ to __________, then __________ will change because:

2. Estimate unit economics and break-even cups

Use the simulator estimate before opening. Contribution per cup is price minus ingredient cost per cup. Break-even cups equals fixed daily costs divided by contribution per cup.

Cup price:
Ingredient cost/cup:
Contribution/cup:
Fixed daily costs:
Break-even cups:

Reasonableness check: Can your booth make and serve at least this many cups? ☐ Yes ☐ No ☐ Unsure

3. Record baseline and test evidence

Use days with similar forecasts when possible. Do not claim the changed variable caused everything: weather and random variation also affect demand.

RunWeatherPriceQualityBatchHelpersPromotionCups soldWasteLost customersProfit
Baseline
Test
Repeat

Profit difference between baseline and test:

Evidence pattern: Which metric changed most consistently?

4. Explain the result

Claim: Which decision was stronger for this booth?

Evidence: Cite at least two numbers from the table.

Reasoning: Explain how price, demand, cost, capacity, or waste connects your evidence to the claim.

Tradeoff or uncertainty: What became worse, or what else might have affected the result?

Next controlled test:

Teacher guide: 30-minute controlled experiment

  1. 5 minutes: introduce contribution per cup, fixed cost, break-even cups, and the difference between revenue and profit.
  2. 5 minutes: pairs choose one variable, record controls, calculate a break-even estimate, and make a prediction.
  3. 12 minutes: run a baseline and controlled test. Repeat if weather differs substantially.
  4. 5 minutes: write a claim using two numbers, one tradeoff, and one model limitation.
  5. 3 minutes: compare why the highest price, largest batch, or most helpers did not always create the highest profit.

Suggested discussion answer: a strong strategy balances contribution per cup with demand and makes enough product for likely sales without paying for excess capacity or waste.

Responsible-use reminder: the simulator omits many real food-safety, permit, allergen, tax, labor, cash-handling, and school-supervision requirements. Students should identify at least one missing real-world constraint.

Quick 8-point rubric

Need more detail? Use the complete 16-point business simulation assessment rubric, teacher resource hub, or student business calculators.