First imagine you're a worker for a lemonade stand . what (1) SINGLE PRICE do you charge the customers, (2) the NUMBER OF CUPS you expect to SELL in a WEEK, and (3) the NUMBER OF CUPS you want to PRODUCE in a WEEK (this last number MUST be a multiple of 10, as I cannot produce less than a pitcher of lemonade). The numbers will allow you to calculate a budgeted PROFIT for the WEEK. The formula for profit is PRICE * QUANTITY SOLD for the WEEK - (CUPS PRODUCED for the week x $0.20).

Second, Estimate the probability that you will achieve the budget set. In other words, is your budget easy or difficult? Explain why you chose those budget levels.