description Lemonade Stand Overview
Lemonade Stand is an early business simulation game created by Bob Jamison in 1973. Players operate a lemonade stand by choosing quantities and prices while accounting for variables such as weather, demand, and operating costs, with profit or loss providing the principal measure of performance. Its compact economic model made it suitable for educational computing, where it introduced children and other beginners to planning, pricing, risk, and resource management.
help Lemonade Stand FAQ
Who created the Lemonade Stand business simulation?
Lemonade Stand was created by Bob Jamison in 1973. It is an early computer business simulation about operating a lemonade stand.
How do you play Lemonade Stand?
Players choose how many cups of lemonade to make and what price to charge. Weather, customer demand, and operating costs affect whether the stand earns a profit or loss.
What variables affect profit in Lemonade Stand?
Weather can change demand, while the player's quantity and price choices affect sales. Operating costs are also part of the calculation, so producing too much can reduce profit.
What is the main goal of Lemonade Stand?
The central goal is to manage the stand profitably over repeated selling days. Profit or loss is the main measure of how well the player handled pricing and inventory.
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