Coffe+Shop

=__Introduction to lesson: Calculating profits from selling virtual coffee shop__= In this lesson, students set up a virtual coffee shop and decide how many cups of coffee to prepare, which ingredients to buy, and costs for each cup of coffee. The game simulates customer behavior, and students record their decisions and outcomes.

__​Objectives__

 * Students will employ technology in the development of strategies for solving problems in the real world.
 * Students will understand the basic concept of profits and losses.

__Common Core standards meet__
Operations and Algebraic Thinking • Analyze patterns and relationships.

__Idaho math standards meet__
5.M.5.1.1 Read and interpret tables, charts, bar graphs, and line graphs. (312.01.a) 5.M.5.2.1 Collect, organize, and display the data with appropriate notation in tables, charts, bar graphs, and line graphs. (312.02.a) 5.M.5.5.1 Make predictions and decisions based on data. (308.01.c)

__Expected outcome__

 * Students will purchase ingredients for making coffee
 * Students will determine the cost to produce one cup of coffee
 * Students will assess weather forecasts and customer behavior patterns to determine how much coffee to make each day.
 * Students will use an Office Excel spreadsheet to collect data, record outcomes, and create a chart to show trends.
 * Students will write a report reflecting on their data and the outcomes.
 * Students to write a strategy handbook for running a successful coffee shop

__Lesson procedure__
When you run your own business, you have to make a lot of important decisions based on math. You have to calculate how many supplies to buy, analyze the data you collect from your sales figures every day, and make decisions about the future based on the conclusions you draw from your information.In this activity, you will each set up and run your own business—a coffee shop. You will make all the business decisions about materials, costs, and how to make the coffee. You will run the coffee shop, record your data, and then analyze how much money you made or lost.Remember that even if the coffee you sell tastes really good, you may not always sell it. Even the weather can determine if someone will buy coffee or not, so it is a good idea to watch the weather forecasts. Before you start to play make sure to read all the directions and take advantage of the tutorial. As you run your coffee shop you will use an excel spreadsheet to track costs, decisions, trends, etc. This is your data. You will need the data to show your outcomes. When you are all done you will have to write a report about why you were successful or why your business failed. Did you profit or did you lose money? Why or why not? Remember a good business persons goal is to make a profit, while serving your customers.

**__Assessment__**
Assess students on their data collection and their final reflection. They should use mathematical terms and draw conclusions by reviewing their data. Final Assessment will not be based on profits, but on the data provided by the students. Profits and losses will be taken into account, but not used to make a final assessment score.

__Software and materials needed__
Microsoft Internet explorer to access the coffee shop software Microsoft excel to collect data Microsoft word to write final summary based on data collection Calculator can be used if needed

__Adapted from__
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