Great Deal! Get Instant $10 FREE in Account on First Order + 10% Cashback on Every Order Order Now

ITECH1100 Understanding the Digital Revolution Assignment 1 - Parchment Oasis Overview For this individual assignment, you will use skills acquired through practical laboratory exercises to automate a...

1 answer below »

ITECH1100 Understanding the Digital Revolution
Assignment 1 - Parchment Oasis
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.
Important: This assignment specification is generated just for you. Do not distribute this specification.
Timelines and Expectations
Percentage value of task: 20%
Due: 24 Aug 2018, 14:00.
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 flow and processes;K8. Outline the basic principles of programming.
Assessment Details
Parchment Oasis is a small second-hand book shop, run by a team of three staff members: Angela, Benjamin, and Celeste.
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 XXXXXXXXXXHours of operation
Most of the time, each team member works separate shifts:
Angela works 9:00 AM to 12:30 PM, Monday, Tuesday and Wednesday; Benjamin works 9:00 AM to 12:30 PM, Thursday, Friday and Saturday; and Celeste 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
Angela and Benjamin are the semi-retired co-owners of the bookshop, and do not take a salary.
Celeste, however, is a part-time employee, with total employment costs of $22 per hour. Celeste 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 Oasis.
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 Oasis to buy books, and occasionally to sell them.
When people bring in books to sell to Parchment Oasis, 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 Oasis pays $3.00 for a book, they will put it on sale with a marked price of $6.00.
(Parchment Oasis does not deal in rare or antique books)
For several months, staff have been keeping track of the date and time, quality, publication year andamount paid for each book in a spreadsheet. This spreadsheet is available for download on Moodle.
Task 2 - Sales team offersUsing Excel, process the history of purchases spreadsheet and use appropriate charts to visualize: How the prices paid differed for each staff member; andHow 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
Angela and Benjamin 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.



Evaluate offer
Book offered XXXXXXXXXXDone


AssessTerriblequality XXXXXXXXXXReject
Poor
Good

Older than15 yearsOffer low priceAssess publication dateOffer medium price15 years or newer
Check is hardcover

Paperback


HardcoverOffer high price


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 theParchment Oasis 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 asCeleste.
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.
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.
Submission
All files should be submitted to Moodle by the due date and time. Check with your tutor as to whether a hard copy is required in addition to the electronic submission.
Marking Criteria/Rubric
Refer to the attached marking guide.
Feedback
Feedback will be supplied through Moodle. Authoritative marks will be published through fdlMarks
Plagiarism
Plagiarism is the presentation of the expressed thought or work of another person as though it is one's own without properly acknowledging that person. You must not allow other students to copy your work and must take care to safeguard against this happening. More information about the plagiarism policy and procedure for the university can be found athttp://federation.edu.au/students/learning-and-study/online-help-with/plagiarism.
Marking Guide: Assignment 1
Feature XXXXXXXXXXCriteria XXXXXXXXXXMaximum Obtained
Appropriate projection calculation XXXXXXXXXX2

Operating costsConfigurable hours, rates, fixed annual and monthlycosts XXXXXXXXXX2
Description of findings XXXXXXXXXX1
Uses hand-calculated values XXXXXXXXXX1)
Visualization of prices offered per staff member XXXXXXXXXX2Sales team offersVisualization of change in prices over time XXXXXXXXXX
Description of findings XXXXXXXXXX1
Spreadsheet accurately models the BPMN process XXXXXXXXXX4AutomationDescription of automation XXXXXXXXXX1
Unclear instructions XXXXXXXXXX1)
Appropriate Low, Medium and High prices for scenario1 XXXXXXXXXX2Price settingAppropriate Low, Medium and High prices for scenario2 XXXXXXXXXX2
Description of strategy XXXXXXXXXX1Bonus optional challenge taskFaithful reimplementation of tasks 1 and 3 usingPython or HTML+JavaScript XXXXXXXXXX2)
Total: XXXXXXXXXX
Answered Same Day Aug 17, 2020 ITECH1100

Solution

Gaurav answered on Aug 18 2020
135 Votes
SOLUTION.PDF

Answer To This Question Is Available To Download

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here