This is my profit for Day 1 -
My strategy was to put a lot of ice per drink and increase the cost because it was hot and sunny. Due to my increase in ice per cup and increased cost per drink, I made 77 cents more than how much money I started with.
This is my profit for Day 2 -
My strategy was to put less ice than Day 1 because the temperature decreased. To add, I bought more lemon and sugar and increased the amounts of lemon and sugar per cup. Due to my decrease in ice per cup, increase in lemon and sugar per cup, and same cost per drink, I made 5 dollars and 13 cents more than how much money I had on Day 1.
This is my profit for Day 3 -
My strategy was to have the same amounts of lemon and sugar per cup but decrease the amount of ice per cup by one - because of the drop in the weather. Due to my decrease in ice per cup and keeping the same amount of lemon and sugar per cup, I sadly lost 78 cents compared to how much money I had on Day 2.
This is my profit for Day 5 -
My strategy was to increase the amount of ice per cup because the weather got hotter. In addition, I kept the amount of lemons and sugar per cup the same but increased my price to 30 cents. Due to my increase in ice per cup, keeping the same amount of lemon and sugar per cup, but increasing my price, I made 4 dollars and 7 cents more compared to the money I had on Day 3.
This is my profit for Day 6 -
My strategy was to greatly increase the amount of ice per cup because the weather got way hotter compared to the previous day. I kept the amount of lemons and sugar per cup the same and kept my price at 30 cents. Due to my greater increase in ice per cup, keeping the same amount of lemon and sugar per cup, and keeping my price the same, I made a humongous profit of 7 dollars and 57 cents more compared to the money I had on Day 5.
Final Report / End of Season Report -
In conclusion, I was fortunate enough to have a week of hot weather. Due to my heated week, I made a $20.24 net profit because I consistently changed the amount of ice per cup - more ice per cup the hotter the day. With the increasing and decreasing amount of ice per cup, I increased and decreased my price per cup to ensure that I had a good profit. Therefore, I had a good business week because of the changing weather and the influence it gave to my lemonade stand.
