The Cookie CompanyThe Cookie Company

A Simulation AdventureA Simulation Adventure

Math/Algebra grades 7-9Math/Algebra grades 7-9

Kelly RothKelly Roth

Simulation OverviewSimulation OverviewTeams of 3 will start a cookie company.Teams of 3 will start a cookie company.Each team will name their company and Each team will name their company and choose a cookie recipe.choose a cookie recipe.Each team will begin with $25.Each team will begin with $25.There will be 4 cookie sales.There will be 4 cookie sales.The teams will need to track the following:The teams will need to track the following:

1.1. Inventory of ingredientsInventory of ingredients2.2. Amount of ingredients used for each saleAmount of ingredients used for each sale3.3. Cost, revenue and profitCost, revenue and profitTeams will present sales at mock stock Teams will present sales at mock stock holders meeting.holders meeting.

Simulation ProcessSimulation Process

1.1. Use Lemonade Stand to introduce.Use Lemonade Stand to introduce.2.2. Students decide on a company name and Students decide on a company name and

a cookie recipe.a cookie recipe.3.3. Each team will bake 1 small batch of Each team will bake 1 small batch of

cookies to bring to school for quality cookies to bring to school for quality testing.testing.

4.4. Cookies will be measured and tasted.Cookies will be measured and tasted.5.5. The Cookie Calculator will determine the The Cookie Calculator will determine the

number of cookies sold at the sale.number of cookies sold at the sale.Cookie

Calculator

Team RolesTeam Roles

The BuyerThe Buyer

Responsibilities:Responsibilities:

1.1. ‘‘Buy’ the ingredients Buy’ the ingredients for the cookies. for the cookies.

2.2. Track the costs in Track the costs in Excel. Excel.

3.3. Track the inventory in Track the inventory in ExcelExcel..

Team RolesTeam Roles

The Kitchen SpecialistThe Kitchen Specialist

Responsibilities:Responsibilities:

1.1. Make sure the recipe is typed Make sure the recipe is typed into Word.into Word.

2.2. Calculate the amount of Calculate the amount of ingredients used for the sale ingredients used for the sale and track in Excel.and track in Excel.

3.3. Communicate the amount of Communicate the amount of the ingredients used back to the ingredients used back to the buyer for inventory tracking.the buyer for inventory tracking.

Team RolesTeam Roles

The Financial ManagerThe Financial Manager

Responsibilities:Responsibilities:

1.1. Calculate and track Calculate and track cost, revenue and cost, revenue and profit in Excel. profit in Excel.

2.2. Graphically show Graphically show fluctuations in sales fluctuations in sales as each sale is held.as each sale is held.

DeliverablesDeliverables

Inventory Analysis with supporting dataInventory Analysis with supporting data

Cost Analysis with supporting dataCost Analysis with supporting data

Revenue Analysis with supporting dataRevenue Analysis with supporting data

Profit Analysis with supporting dataProfit Analysis with supporting data

Company growth chartCompany growth chart

SummarySummary

PowerPoint presentation of sales reportPowerPoint presentation of sales report

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