The Candy Man Can!

Civics and Economics

Ms. Lash
Willy Wonka has just left your group his chocolate factory, but now the Oompa Loompas are
demanding a raise. They are threatening to run back to Loompaland, so you really need to increase your profits
in order to pay them! The best market is my 5th period class, so they are your target market. Yesterday, we
surveyed our class about what types of chocolate bars are most popular; Now your group can use that data to
hypothesize about the real market. Using all this information, you group will decide how many of each type of
chocolate bar your company should make so you earn the largest profit.
Your budget is $25, so your mission is to come up with a plan maximizing your profit while minimizing
your cost. Youll need to:
1. FIRST: Decide how many chocolate bars of each type to make
a. Use this information to make your plan:
i. the cost to manufacture
ii. the potential profit per bar
iii. the popularity of the chocolate bar
2. THEN: Calculate the cost to manufacture each category of chocolates based on the number you
choose to make
a. Consider:
i. the cost to make each bar
ii. the number of bars youll make of each type
b. for example:
i. 2 white chocolate bars: $.25 x 2 = $.50
3. THEN CALCUATE: Your TOTAL cost
a. if are over budget ($25), youll need to adjust your numbers
4. Write up your plan explaining and justifying your decisions. Use the table
illustrate your plan (fill in the first 3 columns).
a. only 1 per group
b. complete sentences, 1-2 paragraphs

to

5. Lastly, Ill tell you what the real market is and youll calculate how much you would make if you sold
your bars in that market. Youll calculate your total profit (and subtract the costs of the bars that didnt
sell. (Fill in the last 3 columns in your table).

The group that makes the most profit will get a surprise (its chocolate!)

I. Production Costs and Potential Profits:

Type
of Chocolate

Cost to Manufacture
($ in)

Selling Price
(in $)

Milk
White
Dark
Milk chocolate
(with nuts)
Milk chocolate
(with caramel)

.50
.25
1.25
1.25

1.00
1.50
2.00
2.25

1.50

2.50

Potential Profit
per bar
(in $)

II. OUR CLASSs Chocolate Preferences Data

Type of Chocolate
Milk
White
Dark
Milk Chocolate (with
nuts)
Milk Chocolate (with
caramel)

First Choice
4
4
3
12

Second Choices
9
6
5
8

15

Name:________________________

Group Members:

Your Business Plan

Type of
Chocolate

Cost to
make
($)

Bars
made

Total cost
($)

Bars
sold

Amount
Profit
made
($)
($)
[total costamount made]

Milk
White
Dark
w/ nuts
w/ caramel
TOTALS

RUBRIC
4

Problem-Solving

Actively looks for Refines solutions

and suggests
suggested by
solutions to
others
problems.

Does not suggest

or refine
solutions, but is
willing to try out
solutions
suggested by
others.

Does not try to

solve problems or
help others solve
problems. Lets
others do the
work.

Quality of Work

Provides work of
the highest
quality. Answers
all prompts and
turns in an
organized,
coherent writeup.

Provides high
quality work.
Answers all
prompts and turns
in a coherent
write-up.

Provides work
that occasionally
needs to be
checked/redone
by other group
members to
ensure quality.
Turns in a
completed writeup.

Provides work
that usually needs
to be
checked/redone
by others to
ensure quality.
Turns in an
incomplete writeup.

Time
Management

Uses time well

throughout the
project to ensure
things get done
on time. Group
does not have to
adjust deadlines
or work
responsibilities
because of this
person\'s
procrastination.

Usually uses time

well throughout
the project, but
may have
procrastinated on
one thing. Group
does not have to
adjust deadlines
or work
responsibilities
because of this
person\'s
procrastination.

Tends to
procrastinate, but
always gets
things done by
the deadlines.
Group does not
have to adjust
deadlines or work
responsibilities
because of this
person\'s
procrastination.

Rarely gets things

done by the
deadlines AND
group has to
adjust deadlines
or work
responsibilities
because of this
person\'s
inadequate time
management.

Working with
Others

Almost always
listens to, shares
with, and
supports the
efforts of others.
Tries to keep
people working
well together.

Usually listens to,

shares, with, and
supports the
efforts of others.
Does not cause
"waves" in the
group.

Often listens to,

shares with, and
supports the
efforts of others,
but sometimes is
not a good team
member.

Rarely listens to,

shares with, and
supports the
efforts of others.
Often is not a
good team player.