The Cookie Company A Simulation Adventure Math/Algebra grades 7-9 Kelly Roth.

Slides:

Advertisements

Similar presentations

Introduce your Network Shop Introduce your team members Introduce your member job function Final Presentation minutes.

Advertisements

Converting Measurements A Sweet Webquest Edie Susnock EDU 505 Dr. Harrison Yang.

Principles of Control in a Foodservice Operation

Y2.U3.2 Controlling Food Cost.

Introduction to Financial Accounting Unit 6 1 Introduction to Financial Accounting Unit 6 Income Statement – Structure, Categories and Formats.

WebSim Click your left mouse button to progress through the demo.

The Lemonade Stand Creating a Business.

LEMONADE TYCOON fresh-squeezed LEMONADE! Megan Bennett.

Chapter 3 Financial Statement Analysis. Financial Statement Analysis, Some Background Financial statements reflect the results of actions taken by the.

Making A Presentation To Investors. Introduction Introduce the speakers. Introduce the speakers. State the reasons for presenting. State the reasons for.

WebQuest Home Page Investing in the Stock Market By: Ellen Sarosy St. John’s University EDU 7266 Investing in the Stock Market By: Ellen Sarosy St. John’s.

Copyright  2005 by Thomson Learning, Inc. Chapter 2 Analysis of Solvency, Liquidity, and Financial Flexibility Order Order Sale Payment Sent Cash Placed.

Operate a Logistics Company EGN 5621 Enterprise Systems Collaboration (Professional MSEM ) Fall, 2011.

Management Accounting Breakeven Analysis. Breakeven Analysis Defined  Breakeven analysis examines the short run relationship between changes in volume.

Advance DEFINITION FOR THE COMPANY * Company name- CMf’s Ice Cream * Whether real or fictitious: Fictitious Dream, established since * Industry.

5.3 Break-Even Analysis Chapter 32.

GOALS BUSINESS MATH© Thomson/South-WesternLesson 7.7Slide 1 7.7Mutual Funds Calculate the total investment in a mutual fund Calculate the amount and rate.

ELISE CLIFFE The Benefits of Dark Chocolate. Why Dark Chocolate? It is a topic that is commonly known. I needed a topic that the audience would be slightly.

- with Nick Cederlind. San Francisco Certified Microsoft Office Trainer  Teaching for 7 years Founder: Underdog Training  Training numerous Bay Area.

The business team presents…. $$$computer$$$ IT in business.

AIM How do we analyze stocks based on their financial data? DO NOW How can we use financial reports (Annual and Quarterly reports) to help us decide when.

3.3 Break-even Analysis.

Making a Pie Chart In Microsoft Excel For PowerPoint WHAT MY DAY IS LIKE.

Summary Buyer or Seller: You will be randomly assigned to the role of a Buyer or Seller by the computer. Your role will remain the same throughout the.

Section 8.6 Slope-Intercept Form. Can you graph the line? -slope of ¾ and passes through the point (-2,5) -slope of -2 and a y-intercept of 5.

BAKE SALE COOKIES! FINDING MULTIPLE SETS OF FRACTIONAL AMOUNTS.

© Copyright 2011 by the National Restaurant Association Educational Foundation (NRAEF) and published by Pearson Education, Inc. All rights reserved. Chapter.

Accounting & Financial Analysis 111 Lecture 8 Ratio Analysis, Break-even point.

Purchasing Lesson 2. Objectives Explain how purchasing impacts sales and profits List qulities of a good buyer Describe the lifecycle of inventory through.

Profit or Loss The Income Statement. A summary of the company’s financial activity over a certain period of time, such as a month, quarter, or year. The.

A mini-book by Type your name here. Supply and Demand It’s the day after Valentine’s Day. The demand for candy goes: It’s the week before school starts.

How do new products come to market???. For the teacher This lesson plan is designed to help high school students learn about how ideas become products.

Market Strategy the financial implications of marketing.

CS 100 Introduction to Computing Seminar

Multiple Product Cost-Volume-Profit Analysis

BUSINESS ACCOUNTING. The purpose of accounting is to help you make better financial decisions.

Financing and Producing Goods

Stock Market Game Computer Information Technology.

Lesson Plan Objective - To understand Marketing and working as a team member towards the construction and promotion of a product. Separate into groups.

How to Play Lemonade Stand By: Allie Sipka Buying Ingredients You start with $ You don’t want to buy a lot of ingredients on a rainy day, but if.

Chapter 14, Section 1 Accounting for a Merchandising Business

STOCK MARKET ACTIVITY This assignment has been modified because you may not be enrolled in this class for the length of time required. Please follow these.

Let’s talk about… COMMUNICATION What is communication?  Sender and Receiver  Expressive (output)  Receptive (input)  Verbal (using your voice) 

3.3 Break-even analysis Check your portfolios at Howthemarketworks.com.

2015 Operational Plan Template

Aariana Smith Leslie Aguilar Sidnei Samm Orlane Hernandez.

£££ Sales10,000 Less returns inwards150 9,850 Opening Stock350 Purchases1,000 Less returns outwards50950 Closing Stock200 Cost of Goods Sold1,100 Gross.

Course Overview EGN 5621 Enterprise Systems Collaboration (Professional MSEM) Fall, 2011.

What is total revenue? How are total revenue and elasticity related? How do you graph total revenue curves? How do you calculate total revenue?

Financial Review Bell Manufacturing H. Bell March 24, 2002.

Chapter 14 Accounting for a Merchandising Business.

© Copyright 2011 by the National Restaurant Association Educational Foundation (NRAEF) and published by Pearson Education, Inc. All rights reserved. Chapter.

ERPsim on Paper Léger, P.M. (2011) Introduction to the business processes, ERPsim on paper ERPsim Lab.

Distribution Game Version 2015.

Operational Plan Add your brand.

2 Introduction to Using Financial Accounting Information, 7/e

Chapter 3 Cost Control.

Supply Chain Management Principles

Guidelines in Preparing the Business Plan

Financial calculators on Web

Steps in Monitoring Food-Service Costs 3.2

BE estimating gross profits

Leadership Feedback & Mentoring

PowerPoint Presentation BATCH :- 03.

BSA 500 Education on your terms/tutorialrank.com.

Numeracy and Food Technology

Management Accounting

Session 9: Calculating profit

Analysis and Interim Report

Presentation transcript:

The Cookie Company A Simulation Adventure Math/Algebra grades 7-9 Kelly Roth

Simulation Overview Teams of 3 will start a cookie company. Each team will name their company and choose a cookie recipe. Each team will begin with $25. There will be 4 cookie sales. The teams will need to track the following: 1.Inventory of ingredients 2.Amount of ingredients used for each sale 3.Cost, revenue and profit Teams will present sales at mock stock holders meeting.

Simulation Process 1. Use Lemonade Stand to introduce. 2. Students decide on a company name and a cookie recipe. 3. Each team will bake 1 small batch of cookies to bring to school for quality testing. 4. Cookies will be measured and tasted. 5. The Cookie Calculator will determine the number of cookies sold at the sale. Cookie Calculator

Team Roles The Buyer Responsibilities: 1. ‘Buy’ the ingredients for the cookies. 2. Track the costs in Excel. 3. Track the inventory in Excel.

Team Roles The Kitchen Specialist Responsibilities: 1. Make sure the recipe is typed into Word. 2. Calculate the amount of ingredients used for the sale and track in Excel. 3. Communicate the amount of the ingredients used back to the buyer for inventory tracking.

Team Roles The Financial Manager Responsibilities: 1. Calculate and track cost, revenue and profit in Excel. 2. Graphically show fluctuations in sales as each sale is held.

Deliverables Inventory Analysis with supporting data Cost Analysis with supporting data Revenue Analysis with supporting data Profit Analysis with supporting data Company growth chart Summary PowerPoint presentation of sales report

Diversity The logical/mathematical students will love the calculations and data tracking part of the project. The interpersonal students will enjoy working in a team atmosphere. The visual/spatial learners will like it when we measure the cookies and rate them. Having the students express what they learned in multiple formats such as the report, the presentation, the debriefing and reflection. PowerPoint presentations can be a powerful learning tool for students with learning disabilities.