Using MIS (10th Edition)
Using MIS (10th Edition)
10th Edition
ISBN: 9780134658926
Author: KROENKE
Publisher: PEARSON
bartleby

Videos

Textbook Question
Book Icon
Chapter AE, Problem AE1.1

The spreadsheet in Microsoft Excel file Ch01Ex01_U10e.xlsx contains records of employee activity on special projects. Open this workbook and examine the data that you find in the three spreadsheets it contains. Assess the accuracy, relevancy, and sufficiency of this data to the following people and problems.

  1. a. You manage the Denver plant, and you want to know how much time your employees are spending on special projects.
  2. b. You manage the Reno plant, and you want to know how much time your employees are spending on special projects.
  3. c. You manage the Quota Computation project in Chicago, and you want to know how much time your employees have spent on that project.
  4. d. You manage the Quota Computation project for all three plants, and you want to know the total time employees have spent on your project.
  5. e. You manage the Quota Computation project for all three plants, and you want to know the total labor cost for all employees on your project.
  6. f. You manage the Quota Computation project for all three plants, and you want to know how the labor-hour total for your project compares to the labor-hour totals for the other special projects.
  7. g. What conclusions can you make from this exercise?
Expert Solution
Check Mark

Explanation of Solution

a.

Time taken by employees for completing the special project in Denver plant:

Special project at Denver involves Market Analysis, Quota computation, Sourcing review and Production planning.

  • Time taken by employees for Quota computation is “22+30+17+31=100” hours.
  • Time taken by employees for Market analysis is “17+21=38” hours.
  • Time taken by employees for sourcing review is “9+22+10+21+5=67” hours.
  • Time taken by employees for production planning is “12+15+21+35+20+19=122 hours”

Therefore, time taken by employees for completing the special project in Denver plant is “327”hours.

Expert Solution
Check Mark

Explanation of Solution

b.

Time taken by employees for completing the special projects in Reno plant:

Special project at Reno plant involves Quota computation, Sourcing review and Production planning.

  • Time taken by employees for Quota computation is “27+42=69” hours.
  • Time taken by employees for Sourcing review is “17+23+21+27=88” hours.
  • Time taken by employees for Production planning is “19+20+11=50” hours.

Therefore, the time taken by employees for completing the special project in Reno plant is “207” hours.

c.

Expert Solution
Check Mark

Explanation of Solution

Time taken by employees for Quota Computation in Chicago plant:

Time taken by employees for special project at Chicago plant for Quota computation is: “27+12+22+29+11+29 = 130” hours.

Therefore, the time taken by employees for computation in Chicago plant is “130” hours.

Expert Solution
Check Mark

Explanation of Solution

d.

Total time taken by employees for Quota Computation for all plants:

Time taken by employees for special project at Chicago plant, Denver plant and Reno plant for Quota computation is:

  • Time taken by employees for Quota computation in Denver plant is “22+30+17+31=100” hours.
  • Time taken by employees for Quota computation in Reno plant is “27+42=69” hours.
  • Time taken by employees for special project at Chicago plant for Quota computation is: “27+12+22+29+11+29 = 130”hours.

Therefore, the total time taken by employees is: “100+69+130=299” hours.

Expert Solution
Check Mark

Explanation of Solution

e.

Total labor cost for all employees in the Quota computation project:

  • Suppose the hourly pay of an employee is “$30”.
  • The number of hours worked by the employees on Quota computation project is “299” hours.

       Labor cost= hourly wage × number of hours = 30 × 299 = $8970

Therefore, the total labor cost for all employees in the quota computation project is   “8970$”.

Expert Solution
Check Mark

Explanation of Solution

f.

Comparison of labor hour total for Quota computation with other projects:

  • The total time taken by employees for Quota computation is: “100+69+130=299” hours.
  • The total time taken by employees for market analysis is “38” hours.
  • The total time taken by employees for sourcing review is “67+88+52=207” hours.
  • The total time taken by employees for production planning is “122+75+50 =247” hours.

Thus, the ratio of Quota computation with Market analysis = 299/38=7.86 hours, the ratio of Quota computation with sourcing review = 299/207=1.44 hours, and the ratio of Quota computation with production planning = 299/247= 1.21 hours.

Expert Solution
Check Mark

Explanation of Solution

g.

Conclusion:

From the above questions, it can be observed that Quota computation almost takes “37%” of the total time taken to complete all projects as compared to the projects – market analysis, sourcing review and production planning.

Therefore, it can be said that the labor employed in Quota computation project is less efficient as compared to the other three projects.

Want to see more full solutions like this?

Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
fx 1/1/2028 A 1 Monthly Close Date 1/1/2028 A2 23 4 5 6 868 9 10 11 12 B C A manager would like to repeat a series of dates for the year in Excel to support an automated Process that happens once a month on the first day of the month. Given the spreadsheet shown, what are the next steps to complete this task? While in cell A2, hold the shift key and press the down arrow. O Enter '2/1/2028' in cell A3. Select both A2 and A3 and drag the fill handle down. Enter '2/1/2028' in cell A3. Select A3 and drag the fill handle down. Click on the fill handle in cell A2 and drag down.
Excel Data Analysis Problem1. Create a spreadsheet in Excel with the following labels and data:2. Apply currency format with 0 decimal places to cells B3:D6.3. Apply bold formating to labels in Row 2 and Column A.4. In cell E2 type Total.5. In cell F2 type Goal.6. In cell G2 type Bonus.7. Merge and Center the contents of cell A1 in A1:G1. Bold the text and increase the fontsize to 16.8. Select cells B2:G2 and center (bold any headings if necessary).9. In cell E3 enter a formula that adds up the sales for the three months. Increase thewidth of column E if necessary. Point to the fill handle of E3 and drag down to E6 tocopy the formula down for each store.10. In cells F3:F6 type 250000, 150000, 200000, & 250000. Apply currency style with 0decimal places and increase the column width if necessary.11. In cell G3 enter an IF function that compares the first quarter total sales for Store 1 to itsgoal and displays 10% of the total sales if the store made or surpassed their goal and 0 ifit…
Using data as shown in Figure 4.0 you need to : 1)Make your own monthly budget consist of 3 different sheets of Summary, Monthly Income and Monthly Expenses. 2)Protect worksheet Monthly Expenses and assign a password to open the workbook. 3)Please share excel data to Microsoft Word and name it as Monthly Budget. 4)Please print screen all the step you have been made in exercise 4. 5)Insert (name, matric number, section) on top (left side) of every worksheet. 6)Please rename and save your work as (matric number_LabSheet4). Note : Use Monthlybudget for all your default password.

Additional Engineering Textbook Solutions

Find more solutions based on key concepts
Knowledge Booster
Background pattern image
Computer Science
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.
Similar questions
SEE MORE QUESTIONS
Recommended textbooks for you
Text book image
Fundamentals of Information Systems
Computer Science
ISBN:9781337097536
Author:Ralph Stair, George Reynolds
Publisher:Cengage Learning
Text book image
Np Ms Office 365/Excel 2016 I Ntermed
Computer Science
ISBN:9781337508841
Author:Carey
Publisher:Cengage
How to Design DB Tables for any Application? (The Basics); Author: Studytonight;https://www.youtube.com/watch?v=XUdNVaSikqY;License: Standard YouTube License, CC-BY
Create a Table (Introduction to Oracle SQL); Author: Database Star;https://www.youtube.com/watch?v=BiV1IrzB1sY;License: Standard Youtube License