Snack Stand Challenge

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 productsCoffee, 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:

  1. Build demand curves using historical data
  2. Create revenue and profit models
  3. Make purchasing decisions based on predicted demand
  4. Adjust prices in real time if the actual weather changes
  5. Analyze actual vs. expected sales and account for leftover inventory
  6. 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! 🚀

Learning Objective

Snack Stand Challenge
Grade Level
8, 9
Type
Lab
Duration
120 minutes
Auto-Graded
Yes
Topics
Random Samples, Scatter Plot, Bivariate Data Analysis
Tags
Real World