Prepare a basic solution to a business problem

Assignment Help Business Management
Reference no: EM132268949

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.

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

Task 0 - Setting up Create an ePortfolio page for your assignment. You will submit this page to Moodle as per the lab tasks. You may call it whatever you like, for example ITECH1100 Assignment 1 -. Scenario details Clothing Zone is a small clothing manufacturer, specializing in creating custom, one-of-a-kind garments. They exclusively sell their product through their online store. Garment Zone is run by a team of three staff members: Anthony, Bhawnaand and Cathly. Anthony and Bhavna work together to manufacture garments. cathly manages orders, sales and delivery.

Team hours Most of the time, team members work the following shifts: (a)Anthony works 7.5 hours on Mondays, Tuesdays and Wednesdays; Bhavna works 7.5 hours on Thursdays and Fridays; and Cothly works 4.5 hours every weekday.

Additionally, Andrew and Courtney share responsibility for managing the Garment Zone social media presence, with Andrew working one extra hour in the evenings on Monday, Tuesday and Wednesday, and Courtney doing the same on Thursday, Friday and Saturday. Costs Anthony and Bhavna as skilled manufacturing staff, cost $26 per hour to employ. Cathly, a part-time employee, costs $24 per hour to employ. All staff are also entitled to four weeks of paid annual leave, during which a casual replacement is required at a cost of $39 per hour.

Fixed costs such as rent and insurance are $9100 per year, and utilities costs are $260 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 clothing Zone. 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).

MANUFACTURING GARMENTS
Manufacturing clothing Zone receive requests through their online store, and Courtney responds with a quote, after consulting with a member of the manufacturing team. If the customer confirms their order, AnTHONY and Bhavna manufacture the ordered products, and Cothlyorganizes delivery. Currently, the process for generating a quote is entirely subjective, based on the requested material and garment size. Staff members quote an amount based on their personal experience. For several months, staff have been keeping track of the quote date, material, size, quote amount, and manufacturing cost for each order in a spreadsheet. As each product is hand-made, the manufacturing cost may vary between similar orders. If a quote was not accepted by the customer, then manufacturing cost is not included. This spreadsheet is available for download on Moodle.

Task 2 - Order information
Using Excel, process the history of orders spreadsheet and use appropriate charts to visualize. How some aspect of quoting or manufacturing has changed over time; and How the quote amount differed for each staff member. You will need to find a way to use Excel to associate each quote with a staff member. Describe your approach and your findings in your ePortfolio (approximately 250-400 words), and attach the Excel file to your page.

Task 3 - Price consistency
Using Excel, analyse the historical data you have available, and create a spreadsheet that allows a member of the Garment Zone team to enter the garment material and size, and gives a quote amount. Ensure that you include enough text and formatting to make your spreadsheet usable by a member of the Garment Zone team (or by a University lecturer). You may base your quote amount either on historical averages, or to ensure that Garment Zone makes a profit.

Validate your quoting approach by applying your formula to historical data. Justify your approach in your ePortfolio (approximately 150 words), and attach your Excel file to your ePortfolio. Process improvement The team want to improve their quoting process to reduce time spent waiting for customers to approve quotes. They would like to start manufacturing immediately for orders that they might be able to sell in future, even if the customer does not go ahead with the order. That is, they would like to change to the processes indicated in the following swimlane diagrams:

320_Swimlane diagrams.jpg

Task 4 - Process improvement

Extend your spreadsheet page from task 3 to automate the above processes, allowing a member of the team to enter the garment material and size, and in addition to the quote amount indicate whether to start manufacturing immediately. It is up to you do determine how to determine which items are popular. Justify your approach in your ePortfolio (approximately 150 words), and attach your Excel file to your ePortfolio.

Attachment:- Data didgital revolution.rar

Verified Expert

The solution file is prepared in ms word and ms excel sheets which are used to perform the following operations in garment zone. They are costs of operating the business, order information of garment zone, price consistency and process improvement. All four task of excel formulas are included in the word report and visualize the staff members quoted amount for garments which is represented in chart. The references are included as per APA format.

Reference no: EM132268949

Questions Cloud

High-risk processes identified in the SAFER Analysis : Determine what needs to be changed/added to address the high-risk processes identified in the SAFER Analysis: Clinician Communication Guides.
Write a page industry analysis paper on e-commerce industry : You need to write 8 page industry analysis paper on E-commerce industry and include the following headings Introduction and History of E-commerce Industry.
Considered by many in the united states as american icon : Anheuser-Busch (A-B) is considered by many in the United States as "an American Icon".
Discussion about the parental corporal punishment : Identify the associations between parental corporal punishment and one of the eleven child behaviors discussed in the article by Gershoff.
Prepare a basic solution to a business problem : You will use skills acquired through practical laboratory exercises to automate a business process, and to visualize the impact of the automation
Valued and sincere between leadership and followers : How organization ensures that relationship are valued and sincere between leadership and followers?
Identify a current or historical social movement : Identify a current or historical social movement (e.g., the Tea Party, Black Lives Matter, the Reformation, etc.), issue (e.g., gay marriage, school choice).
Devil classifications and its customer-centricity approach : What were the response of consumers and competitors to Best Buy’s angel and devil classifications and its customer-centricity approach?
The change brought about by online competition : The change brought about by online competition from amazon and walmart are exampels of?

Reviews

inf2268949

8/29/2019 1:55:17 AM

This is my first time when I am using your services. I am really thankful to the writer and I will recommend your services to my friends as well.

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd