Exam_Review_Updated
.xlsx
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School
Toronto Metropolitan University *
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Course
100
Subject
Industrial Engineering
Date
Jan 9, 2024
Type
xlsx
Pages
12
Uploaded by EarlHerring745
Godwin Chacko
12/07/2023
14:32:41
Save the workbook to your Desktop or Documents (save your workbook frequently so that you will not lose any of your work).
A retail chain company is asking you to perform some analysis using their inventory data.
1- On the "
Inventory List
" sheet:
a- Add your name and today's date and time (using the date and time functions) to the footer of the sheet. Your name should appear in the left corner,
date and time should appear in the center.
b- Insert an empty column between columns E and F. The new column should be titled "Inventory Value". For each row, the cells in that column should
display the value of "Unit Price X Inventory in Stock".
c- Use the Freeze Pane to freeze the top row so all column headings are still visible when scrolling down to the end of the sheet.
d- Sort the data in the sheet by Location (column A) in ascending order.
e- In column E (titled "Recorder Needed"), in each cell create an IF function that will check if the "Quantity Needed" is larger than "Quantity in Stock". If it
is correct, then the function should display "TRUE", if not "FALSE".
f- Use conditional formatting to highlight in red all cells in column H where "Recorder Needed = TRUE".
g- Change the color for the sheet's tab to green.
h- Convert the data in the sheet (A1:H91) to a table. Use any of the "yellow" styles. Your table should include the "Filter Button" for the column headings.
Using the Location filter to filter out "Regina".
2- Using the data in the "
Inventory List"
sheet.
a- Create a PivotTable (in a new sheet) that displays the Sum of Inventory Value for each Item for each Location (tip: use "Location" in COLUMNS,
"Items" in ROWS, "Item categories" in FILTERS). Name the sheet "Pivot Table".
b- Create a Slicer based on Item Categories.
c- Create a PivotChart, stacked column on a new sheet. Change the chart title to "Items Total Value". Rename the new sheet
Inventory Summary
.
Change the tab color to "green".
d- Filter the chart to include only "Automotive" and "Tools".
3- On "
Analysis
"
sheet, in the Top Table,
a- Use merge cells to merge cells B1:D1. Rotate the text by 5 degree (i.e., the right-hand end of the text should be higher than the left-hand text by 5
degrees). Change the font color to red, font size to 14 pt., font type to "Arial". Resize the columns and the row if necessary so the full text is visible.
b- Format the data in cell B3:D5 as Currency with one
digit after the decimal point.
c- Use the SUM function to complete the calculations for the "Total" column (cells E3:E5). The values should represent the total inventory for each
location. Format the data as Currency with two
digits after the decimal point.
d- In the "Trend" column (cells F3-F5), create sparklines that represent the inventory values across the three types of Item Categories (Tools, Major
Appliances, Automation) for each Location.
e- Create a 3-D Pie Chart that shows the Total (in cell E3:E5) for each of the three locations (i.e., each Location should be a slice of the pie). The title of
the chart should be "Inventory by Location". The title should be displayed in "Arial Black" size 20 pt. The chart should show the data labels as
percentages (make sure the labels are in a readable font). In terms of styling, change the top and bottom bevels to a new style (any style is OK) and set
the Pie Explosion to 10%. Move the chart to a new sheet and name the sheet "Pie Chart".
4- On "
Analysis"
sheet, in the Bottom Table,
a- Using the data in the "Inventory List" sheet, complete the Bottom Table by creating formulas (SUMIF function) to find the total Quantity in Stock
(column E in the "Inventory List" sheet) and total Quantity Needed (column G in the Inventory List sheet) for each Item Category. To complete the rest of
the table, you need to use the correct absolute referencing. Format these values as numbers (not currency) with no digits after the decimal point.
b- Given that some of the existing inventory is likely to be misplaced, it is always good practice to have extra inventory at hand. Based on historical data,
you estimate the inventory loss rate to be 7.3%. In cells E9:E11 calculate the adjusted inventory needed for each item category such that: Real Need =
Quaintly Needed + (Quantity in Stock * Estimated Loss Rate). When referring to the Estimated Loss Rate in your formula, you must refer to cell E13, and
you must use the correct absolute referring (which uses $ signs) to allow you to auto-fill the E10:E11. Round up the values to the nearest number.
c- Create a 3-D clustered column chart that displays the Quantity in Stock (C9:C11), Quantity Needed (D9:D11), and Real Need (E9:E11) for each Item
Category (i.e., the Item Category should be on the x-axis; for each Category there should be three columns representing Quantity in Stock, Quantity
Needed and Real Need). Each column should be rotated at 50 degree on the x-axis. The title of your chart should be "Inventory Levels". You should
show data labels (as data callouts that include both the Item Category and the value) and the chart legend (to the right-hand side of the chart). Move the
chart to a new sheet and name the sheet "New Chart".
5- On "
Analysis
" sheet,
a- In cell A17, create an AVERAGEIF function that calculates the average of the "Unit Price" (column D in the Inventory List sheet) for items in "Toronto"
(column B). Format as currency with two digits after the decimal point.
b- In cell B17, create a COUNTIF function that looks for the total number of items in the Inventory List sheet that are "Belt Sander" (in column B). Use
Defined Names function in Excel to label cell B17 as "Belt Sander".
c- In cell C17, create an IF function, that checks whether the total inventory value for Toronto for the three item categories (from the Top Table) is larger
than that for Victoria. If true it should return "Correct", else it should return "Not Correct".
d- In cell D17, use the MAX function to determine the maximum value in cells B3:D5.
e- In cell E17, use the UPPER function to convert the text in cell B9 to upper case.
f- In cell F17, use the LEFT function to output the first 3 letters in the word contained in cell B11.
6- Use the Excel "spelling" function to check and correct all the spelling mistakes in this instruction sheet (i.e., in this textbox). [Hint: There are 9 spelling
mistakes].
Automative
Major appliances
Tools
Total Result
0
10000
20000
30000
40000
50000
60000
70000
Location Calgary
Charlottetown
Edmonton
Halifax
Montreal
Ottawa
Regina
Toronto
Vancouver
Victoria
Sum - Inventory VaLocation
Item Category
Calgary
Charlottetown
Edmonton
Halifax
Montreal
Ottawa
Automative
14275
20305
5899
8975
10184
6901
3168
15670
9275
14711
11253
17152
Tools
27103
23309
27202
26173
18253
14682
Total Result
44546
59284
42376
49859
39690
38735
Major appliances
Th
Sli
20
If t
an
if t
Ex
sli
Regina
Toronto
Vancouver
Victoria
Total Result
11096
14702
17028
12666
122031
11319
19640
5087
17744
125019
28717
16756
26432
23945
232572
51132
51098
48547
54355
479622
his shape represents a slicer.
icers are supported in Excel
010 or later.
the shape was modified in
n earlier version of Excel, or
the workbook was saved in
xcel 2003 or earlier, the
icer cannot be used.
Location
Item
Item Category
Unit Price
Quantity in Stock
Toronto
Automotive battery
Automative
59
178
Toronto
Car Shelter
Automative
50
84
Vancouver
Automotive battery
Automative
59
142
Vancouver
Car Shelter
Automative
50
173
Montreal
Automotive battery
Automative
59
126
Montreal
Car Shelter
Automative
50
55
Calgary
Automotive battery
Automative
59
175
Calgary
Car Shelter
Automative
50
79
Ottawa
Automotive battery
Automative
59
39
Ottawa
Car Shelter
Automative
50
92
Halifax
Automotive battery
Automative
59
75
Halifax
Car Shelter
Automative
50
91
Victoria
Automotive battery
Automative
59
74
Victoria
Car Shelter
Automative
50
166
Edmonton
Automotive battery
Automative
59
11
Edmonton
Car Shelter
Automative
50
105
Charlotteto Automotive battery
Automative
59
195
Charlotteto Car Shelter
Automative
50
176
Toronto
Frying Pan
75
189
Toronto
Coffee Table
11
65
Toronto
Diffuser
38
125
Vancouver
Frying Pan
75
28
Vancouver
Coffee Table
11
123
Vancouver
Diffuser
38
43
Montreal
Frying Pan
75
126
Montreal
Coffee Table
11
81
Montreal
Diffuser
38
24
Calgary
Frying Pan
75
6
Calgary
Coffee Table
11
64
Calgary
Diffuser
38
53
Ottawa
Frying Pan
75
153
Ottawa
Coffee Table
11
181
Ottawa
Diffuser
38
97
Halifax
Frying Pan
75
128
Halifax
Coffee Table
11
133
Halifax
Diffuser
38
96
Victoria
Frying Pan
75
156
Victoria
Coffee Table
11
14
Victoria
Diffuser
38
155
Edmonton
Frying Pan
75
23
Edmonton
Coffee Table
11
182
Edmonton
Diffuser
38
146
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Major appliances
Your preview ends here
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