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ITECH1100 - Understanding the Digital Revolution - Federation University

Assignment - Hat World

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 flow and processes;
K8. Outline the basic principles of programming.

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Create a spreadsheet called operating_costs.xlsx that calculates the projected annual outgoing costs of running Hat World.

Solution:

Adrian and Brutus are skilled full time employees of red hat but Calvin is Part time employee of Red Hat
The Total cost of all the employees of Red Hat in regular period is
Brutus:-17160
Calvin:-31680
The Total cost of all the employees of Red Hat in Leave period is
Brutus(Replacement):-2340
Calvin(Replacement):-4680
Total Labour Cost for the year is 89010
Fixed cost:-\$9100
Utility Cost;-\$3160
To calculate manufacturing cost of whole unit we add fixed cost ,utility cost for year and total labour cost which gives the total cost as \$101,230 Thus , this is operating cost of Red Hat for the year.

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Solution:

Quote amount is varying with time as shown in the chart of excel sheet named task 2.Quote amount is decreasing or increasing with time but there is no fix trend of its increase or decrease. Sometimes it goes to its lowest point and at the other times it reaches the peak but it has never crossed 800. It has always remained below 800.

Figure1:-Graph showing variation of quote amount with time.

Each staff member has different cost as every staff member has different salary which adds to manufacturing cost accordingly. So, every item has different Manufacturing cost depending upon its material, size and staff member. So, Manufacturing cost of an item can be attributed to three factors Material, size and Staff member .Manufacturing cost in turn has the direct bearing on quote amount as the manufacturing cost increase or decrease so is the quote amount varies accordingly. So, Variation of quote amount with each staff member can be related with the help of manufacturing cost. If we have to pay more to a staff member then it will lead to increase in manufacturing cost which in turn increase the quote amount.

Figure 2 Graph showing relationship between manufacturing cost and the Quote amount

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Analyse the historical data you have available, and create a spreadsheet that allows a member of the Hat World team to enter the hat material and size, and gives a quote amount.

Solution:

To associate material and Size with quote amount we have segregate the available data into different categories i.e.

 Material Size Cotton XS Cotton S Cotton M Cotton L Cotton XL Silk XS Silk S Silk M Silk L Silk XL Leather XS Leather S Leather M Leather L Leather XL Wool XS Wool S Wool M Wool L Wool XL Tweed XS Tweed S Tweed M Tweed L Tweed XL Cotton XXL Silk XXL Leather XXL Wool XXL Tweed XXL

To segregate data we have used nested if statement for each category and then counted the number of enteries in each category with count function and then found the average quote amount for each category.

 Material Size Quote Amount Cotton XS 62.24 Cotton S 79.28181818 Cotton M 72.78 Cotton L 83.91428571 Cotton XL 83.32 Silk XS 553.925 Silk S 546.3 Silk M 347.7 Silk L 521.4 Silk XL 600.5714286 Leather XS 144.95 Leather S 169.6833333 Leather M 182.0625 Leather L 228.3 Leather XL 189.9888889 Wool XS 153.2727273 Wool S 123.3444444 Wool M 135.6130435 Wool L 139.42 Wool XL 166.5571429 Tweed XS 197.4666667 Tweed S #DIV/0! Tweed M 250.5 Tweed L 218.775 Tweed XL 326.5 Cotton XXL 103.325 Silk XXL 554.3 Leather XXL 174.8875 Wool XXL 164.01 Tweed XXL #DIV/0!

Excel Sheet 1

Automate the above processes, allowing a member of the team to enter the hat material and size, and in addition to the quote amount indicate whether to start manufacturing immediately.

Solution:

Since the items which are more in number in history have higher quote amount which indicates that they are more popular so we used the criteria that if the quote amount of an item in task 3 is greater than 150 then the item is classified as popular using "if" statement and if the quote amount is less than 150 then the item is classified as "not Popular". If the item is Popular then its manufacturing starts immediately otherwise, we have to wait for order confirmation.

 Material Size Quote Amount Classification of Item Manufacturing Decision Cotton XS 62.24 Not Popular wait Cotton S 79.28181818 Not Popular wait Cotton M 72.78 Not Popular wait Cotton L 83.91428571 Not Popular wait Cotton XL 83.32 Not Popular wait Silk XS 553.925 Popular wait Silk S 546.3 Popular Start immediately Silk M 347.7 Popular Start immediately Silk L 521.4 Popular Start immediately Silk XL 600.5714286 Popular Start immediately Leather XS 144.95 Not Popular Start immediately Leather S 169.6833333 Popular wait Leather M 182.0625 Popular Start immediately Leather L 228.3 Popular Start immediately Leather XL 189.9888889 Popular Start immediately Wool XS 153.2727273 Popular Start immediately Wool S 123.3444444 Not Popular Start immediately Wool M 135.6130435 Not Popular wait Wool L 139.42 Not Popular wait Wool XL 166.5571429 Popular wait Tweed XS 197.4666667 Popular Start immediately Tweed S #DIV/0! #DIV/0! Start immediately Tweed M 250.5 Popular #DIV/0! Tweed L 218.775 Popular Start immediately Tweed XL 326.5 Popular Start immediately Cotton XXL 103.325 Not Popular Start immediately Silk XXL 554.3 Popular wait Leather XXL 174.8875 Popular Start immediately Wool XXL 164.01 Popular Start immediately Tweed XXL #DIV/0! #DIV/0! Start immediately

Excel sheet 2

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