Ask Python Expert

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

Python, Programming

  • Category:- Python
  • Reference No.:- M93088294
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Python

Part i the assignment filesone of the most important

Part I: The Assignment Files One of the most important outcomes of this assignment is that you understand the importance of testing. This assignment will follow an iterative development cycle. That means you will write a ...

Homework -this homework will have both a short written and

Homework - This homework will have, both a short written and coding assignment. The problems that are supposed to be written are clearly marked. 1) (Written) Make heuristics Describe two heuristics for the slide problem ...

Tasksdemonstrate data scraping of a social network of

Tasks Demonstrate data scraping of a social network of choice. Develop technical documentation, including the development of the code & detailing the results. Provide a report on the findings, that includes research into ...

Assignment1 utilising python 3 build the following

Assignment 1. Utilising Python 3 Build the following regression models: - Decision Tree - Gradient Boosted Tree - Linear regression 2. Select a dataset (other than the example dataset given in section 3) and apply the De ...

Python programming assignment -you first need an abstract

Python Programming Assignment - You first need an abstract base class, called, Account which has the following attributes and methods: accountID: This attribute holds the ID assigned the account , if not provided set to ...

Learning outcomes lo3 - research develop and document a

Learning Outcomes LO3 - Research, develop, and document a basic security policy, and analyse, record, and resolve all security incidents LO4 - Identify and assess the threats to, and vulnerabilities of networks Assessmen ...

Question research pythons dictionary data type dictdiscuss

Question : Research Python's dictionary data type (dict). Discuss its interface and usage. Include examples. Discuss practical applications of dictionaries.

Questionwhat is a python development frameworkgive 3

Question What is a python development framework? Give 3 examples python development framework used today. and explain which development framework is used in which industry.

Below zero - ice cream storethe local ice-cream store needs

Below Zero - ice cream store The local ice-cream store needs a new ordering system to improve customer service by streamlining the ordering process. The manager of the store has found that many orders are incorrect and s ...

The second task in this assignment is to create a python

The second task in this assignment is to create a Python program called pancakes.py that will determine the final order of a stack of pancakes after a series of flips.(PYTHON 3) Problem Task In this problem, your input w ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As