Friday, April 29, 2022

The Lemonade Stand

The Big Boy Tiny Girl Lemonade Stand Calculation:  After dinner tonight my son came to the table with a pencil and piece of paper with his sister trailing behind.  They had decided to create a family lemonade stand—a theoretical one.  How much money could we make if we had a lemonade stand?   It would be fun.   We would all be a part of the process of discovering if and how we could have a successful lemonade stand. 

He started explaining how they did this at school for the pizza they ordered for the class one day each week.   There was a grid and numbers would be entered.  It was a system, he assured us;    worked for a good while on explaining the things we'd need to know while my husband and I gave information that would help the calculations be reasonable and the exercise completable in less than five hours. 

We all contributed information and at the end they were happy that all the lemonade and limeade had been sold.  They had made some money too.   Then my husband had them calculate how many hours they had worked to get the lemonade sold.   Then he had them figure out how much money they made per hour.  It was something like $1.25.   

I thought they would be disappointed by that, but they were the opposite, they had a job of sorts and they had made money!  Seventeen dollars across two days.   That's a lot when you're ten and eleven I suppose.  

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