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Lemonade Stand
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Welcome to Lemonade Stand!
1. Log onto your computers
2. Open up a web browser
3. Go to: www.coolmath-games.com/0-lemonade-stand
4. Click; “ok”
5. Play (meaning, meet the shifting demand curve by charging the optimum price)
Your goal in this game will be to make as much money as you can within 30 days. To do this, you've decided to open your own business -- a Lemonade Stand! You'll have complete control over almost every part of your business, including pricing, quality control, inventory control, and purchasing supplies. You'll also have to deal with the weather, which can be unpredictable. Unfortunately, the weather will play a big part when customers are deciding whether or not to buy your product.
Another factor which will make or break your business is the price you charge. Customers are more willing to pay higher prices when the product (your lemonade) is more in demand - When the weather is hotter. As the temperature drops, and the weather turns bad (overcast, cloudy, rain), don't expect them to pay nearly what they would on a hot, hazy day.
The other major factor which comes into play is your customer's satisfaction. As you sell your product, people will decide whether or not they like it, and how much they like or dislike it. As time goes on, they'll start to tell their friends, neighbors, and relatives (hence, your 'popularity'). Sell a good product for a good price and you'll build business over time; overcharge for inferior products, and you'll be out of business sooner than you'd think. Another more direct form of customer satisfaction affecting sales takes place directly at the stand. As customers buy your product, you'll see some tell you what they think by the bubbles over their heads. If customers are enjoying their product, others are more likely to buy. If they're expressing their dissatisfaction, other customers are more likely to take their business elsewhere.The price you set will be a large factor in determining a customer's satisfaction with your product. As the weather becomes hotter, and clearer (not cloudy, raining, or overcast), customers will be willing to pay more for your product, because it's in a higher demand. As the weather turns bad, there is less demand, and customers won't pay as much.
The amount of sugar and lemons you add determines the overall quality of your product. Most people will expect 4 lemons and 4 cups of sugar per pitcher of Lemonade, however to save on costs you can reduce this (and reduce quality). If you're more concerned with satisfying the customers, you can add more lemons and sugar, and make a better product that, over time, they'll be willing to pay a little extra for. (Also, if you plan on overcharging for your product, this is a good way to help offset the negative reputation you would otherwise build).
The amount of ice should be determined by how hot it is outside. Too much or too little ice will lower your quality, and your customer's satisfaction! For instance, at 50 degrees, most people will want about 1-4 ice cubes in their lemonade; as you get into the 95 degree days, I'd recommend about 12-15 ice cubes per cup, to make sure it's nice and cool for the customer. Another benefit of adding more ice is that your pitcher of lemonade will be able to make more cups - more ice and less lemonade in each cup, means your pitcher of lemonade is spread out among more cups!
There is a “fast forward” button… use it! If you have no money, refresh and restart.