Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Homework Help/Study Tips Expert

Understanding the Digital Revolution Assignment - Page Limbo

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.

You should use Microsoft Excel (or equivalent open-source software) for this assessment task.

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

  • Prepare a basic solution to a business problem;
  • Select appropriate IT solutions for business functions;
  • Apply business information software for data visualization and analysis purposes.
  • Write basic programming logic;
  • Interpret and construct representations of business data flow and processes;
  • Outline the basic principles of programming.

Assessment Details -

Page Limbo is a small second-hand book shop, run by a team of three staff members: Archie, Bhaljeet, and Cliff.

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.

Hours of operation

Most of the time, each team member works separate shifts:

  • Archie works 9:00 AM to 12:30 PM, Monday, Tuesday and Wednesday;
  • Bhaljeet works 9:00 AM to 12:30 PM, Thursday, Friday and Saturday; and
  • Cliff works 12:30 PM to 5:30 PM, Monday to Friday.

The shop runs from 9:00 AM to 5:30 PM each day, except Saturday when it closes at 12:30. It is closed entirely on Sundays.

Costs

Archie and Bhaljeet are the semi-retired co-owners of the bookshop, and do not take a salary.

Cliff, however, is a part-time employee, with total employment costs of $22 per hour. Cliff 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 Page Limbo.

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 Page Limbo to buy books, and occasionally to sell them.

When people bring in books to sell to Page Limbo, the sta? 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 Page Limbo pays $3.00 for a book, they will put it on sale with a marked price of $6.00.

(Page Limbo 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

Archie and Bhaljeet 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.

2366_figure.png

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 Page Limbo 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 Cliff.

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.

It is possible to attain full marks for this assignment without completing this challenge task.

Attachment:- Assignment Files.rar

Homework Help/Study Tips, Others

  • Category:- Homework Help/Study Tips
  • Reference No.:- M93097635
  • Price:- $40

Priced at Now at $40, Verified Solution

Have any Question?


Related Questions in Homework Help/Study Tips

Question it is not uncommon for todays workplace to have up

Question: It is not uncommon for today's workplace to have up to four different generations of employees working together. This situation has some good points but also presents some challenges. One challenge is designing ...

Question goal setting is an excellent behavioral strategy

Question: Goal Setting is an excellent behavioral strategy for exercise promotion and adherence. Create a one page Goal Setting Plan for yourself using information found in your text (chapter 6) and other outside resourc ...

Question synthesis paper instructionsreviewed april 13

Question: Synthesis Paper Instructions Reviewed April 13, 2018 The purposes of this assignment are to: • Demonstrate proper use of current APA format in a term paper. • Demonstrate proper use of one of the research metho ...

Question explain the concept of logical validity in an

Question: Explain the concept of logical validity in an essay of two double-spaced pages. Your essay should have three parts. - In the first part, introduce what the concept of validity is about. What does logical validi ...

Question some firms integrate to capture surplus that would

Question: Some firms integrate to capture surplus that would have been appropriated by the supplier(s). How is this integration choice related to the opportunism logic? Compare and contrast the two structures. The respon ...

For this assignment read the assigned article belowarciaga

For this assignment, read the assigned article below:Arciaga, M., & Gonzalez, V. (2012, June). Street outreach and the OJJDP comprehensive gang model. National Gang Center Bulletin, 7. Write an article review that addres ...

Question after completing the lecture and reading

Question : After completing the lecture and reading assignments, develop a 750-1000 word written response paper to the following question. Do not use the question in your response. Access is regarded as a significant ben ...

Questions1 what is the estimate of the marginal cost of the

Questions 1. What is the estimate of the marginal cost of the Phase 4 hospital services, given the case assumption that 60 percent of the designated costs are fixed and the remaining costs are variable? 2. Assume that th ...

Haslam s a amp reicher s d 2012nbspcontesting the nature of

Haslam, S. A., & Reicher, S. D. (2012). Contesting the 'nature' of conformity: What Milgram and Zimbardo's studies really show. Plos Biology, 10(11), doi:10.1371/journal.pbio.1001426 What is the ethical concerns pertaini ...

Discussto prepare for this shared activity assignmentreview

Discuss To prepare for this Shared Activity/ Assignment: Review Units 1 and 2 Shared Activities and your Unit 3 Project, in this module, to ensure that your plan aligns to all components of your Research Proposal and wil ...

  • 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