Calculates the projected annual outgoing costs

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Reference no: EM132100824 , Length: 1000 Words

Assignment - Parchment Purgatory

Overview

For this individual assignment, you will use skills acquired through practical laboratory exercises to automate a business process, and to visualize the impact of the automation.

Learning Outcomes Assessed

The following course learning outcomes are assessed by completing this assessment:

A1. Prepare a basic solution to a business problem;
A2. Select appropriate IT solutions for business functions;
A3. Apply business information software for data visualization and analysis purposes.
S1. Write basic programming logic;
S3. Interpret and construct representations of business data ?ow and processes;
K8. Outline the basic principles of programming.

Assessment Details

Parchment Purgatory is a small second-hand book shop, run by a team of three staff members: Alfred, Bethany, and Clancy.

For this assignment, you will complete the following set of tasks using Excel, and build an ePortfolio page to describe your work.

Costs
Alfred and Bethany are the semi-retired co-owners of the bookshop, and do not take a salary.

Clancy, however, is a part-time employee, with total employment costs of $22 per hour. Clancy is also entitled to four weeks of paid annual leave, during which a casual replacement is required at a cost of $33 per hour.

Fixed costs such as rent and insurance are $2900 per year, and utilities costs are $140 per month.

Task 1 - Costs of operating the business
Using Excel, create a spreadsheet called operating_costs.xlsx that calculates the projected annual outgoing costs of running Parchment Purgatory.

Your spreadsheet should be configured such that the working hours, hourly rates, and fixed and utility costs can be varied easily.

Document your findings in your ePortfolio page (approximately 100 words).
Obtaining Books
Throughout the day, customers come to Parchment Purgatory to buy books, and occasionally to sell them.

When people bring in books to sell to Parchment Purgatory, the staff member on duty will review the books and make an offer for each one individually.

Currently, the process for determining how much the book shop will pay for a book is entirely subjective. Staff members offer an amount per book based on the quality of the book, and how popular they think it is, and how they are feeling at the time.

The sale amount is always simply double the amount paid and is set at the same time - if Parchment Purgatory pays $3.00 for a book, they will put it on sale with a marked price of $6.00.

(Parchment Purgatory does not deal in rare or antique books)

For several months, staff have been keeping track of the date and time, quality, publication year and amount paid for each book in a spreadsheet. This spreadsheet is available for download on Moodle.

Task 2 - Sales team offers
Using Excel, process the history of purchases spreadsheet and use appropriate charts to visualize: How the prices paid differed for each staff member; and How the prices paid have changed over time

Describe your findings in your ePortfolio (approximately 250 words), and attach the Excel file to your page.
Process automation
Alfred and Bethany want to improve the consistency of how they pay for and price books.

They'd like to standardize on three standard price offers, and have designed the following process to determine how to allocate them, including the option of rejecting the book altogether.

The staff have already agreed on how to determine whether a book is terrible, poor, or good.

1208_Process automation.jpg

Task 3 - Automation

Using Excel, create a spreadsheet page that automates the above process, allowing a member of the team to enter whether the book is hardcover, its publication year, and its condition, and receive a price to offer.

Ensure that you include enough text and formatting to make your spreadsheet usable by a member of the Parchment Purgatory team, or by a University lecturer.

Your spreadsheet should be configured such that the Low, Medium and High prices can be varied easily. Describe how you automated the process (approx 150 words), and attach your Excel file to your ePortfolio.

Task 4 - Price setting
Using Excel and the historical data you have available, determine sets of prices which meet the objectives of the following scenarios:

Scenario one: Total offer prices are approximately the same as for the historical data

Scenario two: Assuming all books purchased are sold, allow all staff to draw the same wage as Clancy.

Describe the strategy you used to find appropriate prices for each scenario (approximately 150 words). Ensure that the Low price is less than the Medium price, and both are less than the High price.

Bonus challenge task (optional!)

Disclaimer: This task is 100% optional, and you can receive full marks without attempting or completing it. It is intended to be a challenge if you are interested in such things, and the marks available do not reflect the significant research and effort required to implement it correctly. Tutors will not provide significant assistance for this challenge task.

Optional task 5
Reimplement Task 1 and Task 3 using either Python or HTML+JavaScript.

Write a brief overview of how to run your solution, and attach a zip file containing your code to your ePortfolio page.

There are no partial marks awarded for this bonus task - you must complete all features to attain the bonus marks.

Attachment:- Assignment.rar

Verified Expert

The solution is prepared in ms word and calculations are done in excel sheet. The excel sheet has 5 sheets to perform task 0 setting up , task 1 cost price , task 2 sales offered price , task 3 setting price for books and automate the Parchment Purgatory business and task 4 is calculate cost price in case of all sales teams are getting same wages as clancy.

Reference no: EM132100824

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Reviews

inf2100824

12/16/2018 11:54:36 PM

can you make subject to understanding digital revolution....it's not python programming I have another supporting documents 30017897_1Supporting Document.xlsx 30017897_2Part01 IF Statement In Excel.mp4 30017811_3Part02 Conditional Summation In Excel.mp4 marking scheme of this assignment 30017872_1Appropriate projection calculation.docx I need task 5 which is not optional Perfectly work done by Experts Mind delivery before time and I am highly impressed by the work will give more assignments.

len2100824

8/31/2018 1:44:39 AM

Automation Spreadsheet accurately models the BPMN process 4 Description of automation 1 Unclear instructions (-1) Price setting Appropriate Low, Medium and High prices for scenario 1 2 Appropriate Low, Medium and High prices for scenario 2 2 Description of strategy 1 Bonus optional challenge task Faithful reimplementation of tasks 1 and 3 using Python or HTML+JavaScript (+2) Total: 20

len2100824

8/31/2018 1:44:30 AM

Marking Guide: Assignment 1 Feature Criteria Maximum Obtained Operating costs Appropriate projection calculation 2 Configurable hours, rates, fixed annual and monthly costs 2 Description of findings 1 Uses hand-calculated values (-1) Sales team offers Visualization of prices offered per staff member 2 Visualization of change in prices over time 2 Description of findings 1

len2100824

8/31/2018 1:44:22 AM

For this individual assignment, you will use skills acquired through practical laboratory exercises to automate a business process, and to visualize the impact of the automation. You should use Microsoft Excel (or equivalent open-source software) for this assessment task. Important: This assignment specification is generated just for you. Do not distribute this specification. Further details Assignment support This assignment is supported by the first 6 lectures and labs. Work on the assignment should be spread over several weeks after the relevant lab has been mastered.

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