代写BISM7202、代写Python/Java编程

日期：2022-10-20 08:35

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 1BISM7202 Information Systems

for Management

Case Specification: MS Office Assignment

– Office 365 Excel 2019

SEMESTER 2, 2022

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 2Specification

Workbook

This specification document is a companion document to the Assessment Guideline.

The Excel template of the expected worksheets are available on the BISM7202 Blackboard site.

The Excel template provided must be used as the basis for the assignment.

You may change the visual formatting (correct typographical errors, change colour, fonts, data

format presentation, column widths, etc) of the worksheets to provide a professional finished

product, and will need to define named ranges, but nothing else unless asked to do so. For

example, do not add or remove rows or columns. You would be well advised to make your work of the highest presentation quality (e.g. freeze

panes to long pages, use named ranges where appropriate, use lookup functions instead

of nested IFs where appropriate, use hard-coding only where appropriate, use

appropriate fonts and colours, graph axes and titles, etc). Note: Entering your student name and student number in the Document Control Sheet

should be the first step that you do in undertaking this assignment.

When you develop your solution, you should use (but are not limited to) the functions and

features you were taught in the tutorials. If you need functions or techniques that are not

addressed explicitly in tutorial exercises, you should explore your pre-tutorial reading materials

and preparation exercises or refer to the help component of Excel (or conduct a web search).

Aspects of the assignment have purposefully been designed to train and test a student’s selflearning ability with a software application, and thus it is possible that not all the functions you

need to use have been directly addressed in a tutorial exercise.

This assignment requires you to complete an Excel workbook file using Microsoft 365 Excel /

Excel 2019 based on the specification in this document. The Excel workbook contains several

sheets you should develop. These sheets are described as follows.

It is highly recommended that, prior to assignment submission, you check that your

solution works on the university machines if you have developed it on your own machine.

Saving your files using the default Excel filetype (i.e. .xslx) is mandatory. Files saved in other

formats, e.g. xlsm, xslb, xls, calc, google sheets, etc., will not be opened

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 3Background and Scenario

An innovative, fairly new, company called Henry's Farm Market (HFM) has been set up that

provides a door-to-door grocery delivery service to the inner-city suburbs of Brisbane. HFM

is set up as a franchise, which means that there is a ‘head’ franchisor with several franchisees

who operate ‘under license’ from the franchisor. HFM has four franchisees in Brisbane. Each

franchisee is a local grocery shop.

As franchisees of HFM, they are licenced to deliver daily groceries by the box to homes and

businesses in nearby suburbs (their ‘franchise area’). Over its two years of operation, HFM has

built up a trustworthy reputation among its customer base. HFM customers receive a ‘set

grocery’ box of groceries each week via their membership subscription program. The length

of membership varies in terms of 7, 21, or 42 weeks, and subscription fees vary by membership

terms.

Henry Thomas, the owner of HFM, has asked you to develop a spreadsheet that will help

refine the franchise area and lower the distance travelled. Henry is very environmentally

conscious and does not want to damage the planet to deliver groceries. He wants you to:

(1) Develop a schedule of employee budgeted salary costs according to his specifications

and build a summary table using database functions;

(2) Undertake a Solver analysis on the business franchise areas to determine a reallocation

of franchise areas by distance from the store;

(3) Undertake a scenario analysis on saving monthly/fortnightly for building a new store

that will cost a ‘What If’ certain amount of money in a few years;

(4) Provide some business-focused comments to Henry relating to this MS Excel solution.

List of Sheets in Excel Workbook

When submitted, your final solution will have the following sheets:

• Document Control

• Constant

• Employees

• Payroll Summary

• Pivot Table

• Pivot Chart

• Current Franchise Distribution

• Franchise Redistribution

• Solver Analysis Answer Report

• Pivot Table

• Pivot Chart

• New Store Investment • Scenario Summary

• Comments to Henry

Sheets in italics need to be created by following instructions in this document, as they are not

in the template file.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 4Document Control Sheet

Hint: Throughout the spreadsheet, cells with a light shaded blue background require you

to enter a value or a formula in them or take some actions with them.

Cells with a light-orange background are to be populated by either the Solver or Scenario

Manager tools, not you.

Cells with no colour background should not be edited or changed by you unless explicitly

directed to do so in this specification document.

First enter your details: Student name and student number.

In addition, you should list any assumptions that you have made when you developed your

assignment on this sheet. The assumptions allow examiners to understand your work in context.

You should use these assumptions to resolve any ambiguities you might identify in this Case

Specification.

The assumptions you make must be logical and consistent with the scenario provided in this

Case Specification.

If you do not make any assumptions, please leave this section empty.

Constant Sheet

This sheet contains all the lookup tables that you will need to use in the assignment. When

using lookup tables in your formulas from the Constant sheet, make sure they are

accessed using appropriate Named Ranges.

You should also edit some tables which are empty and coloured in blue and then format this

sheet professionally. Note: Throughout this assignment, you must use a Named Range whenever referring

to a range or a cell in writing formulas/functions to ensure that whoever reviews your

spreadsheet can understand it, especially when the range or cell is from another

worksheet. You can also use Named Ranges to refer to a range or a cell in the same

worksheet, but this is optional.

MARKS ARE ALLOCATED IN THE MARKING RUBRIC FOR USING NAMED

RANGES TO REFER TO RANGES OR CELLS IN A DIFFERENT WORKSHEET

There are 8 lookup tables or values contained in this Constant Sheet. You are to complete these

as directed below.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 5Employee Salary Table

Employees are paid at different rates based on their job title. Each job comes with a different

employer superannuation percentage rate and different email domain. The details of the

different job descriptions are presented below.

You are required to complete the data entry of the table in the workbook. Table 1: Employee Salary Table for 2022-23

Job Title Annual Salary Employer Super Department

Accountant $63,743 10.5% Accounting

Operation Manager $65,824 12% Operation

Owner $130,765 17% Executives

Delivery Service Manager $69,684 11% Operation

IT Manager $75,356 13.5% IT

Franchisee Manager $98,889 17% Operation

Senior Delivery Service

Manager $78,345 13% Operation

Annual Tax Table

Tax is withheld using the following tax rates for 2022-23. This information has been entered

for you in the Constants Sheet. Table 2: Australian Taxable Income Table for 2022-23

Taxable Income Tax on this Income

$0 - $10,275 Nil

$10,276 - $41,775 12c for each $1 over $10,275

$41,776 - $89,075 5,092 plus 22c for each $1 over $41,775

$89,076 - $170,050 29,467 plus 24c for each $1 over $89,075

Employee Superannuation Contribution Table

Employees at HFM have collectively agreed to contribute a percentage of their annual salary

to their superannuation fund based on their age at the beginning of the financial year as a

post-tax contribution (‘non-concessional contributions’). In Australia, a superannuation fund

receives a percentage of every salary to employees to invest on their behalf so that they can

draw on it when they retire.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 6You are required to complete the data entry of the table in the workbook. o Employees aged 30 and over have elected to contribute 3.5%.

o Employees aged 40 and over have elected to contribute 4.0%.

o Employees aged 50 and over have elected to contribute 4.5%.

o Employees aged 60 and over have elected to contribute 5.0%.

Note: In Australia, the financial year is for the period 1 July to 30 June, which is different to

the calendar year, which is for the period 1 January to 31 December.

Christmas Bonus Rates Table

Employees at HFM who have had extended service with the company are paid an annual

Christmas bonus at the end of each calendar year. You are required to complete the data

entry of the table in the workbook.

o Employees who have been employed for at least 3 years at the beginning of the calendar

year receive a 3% bonus on their annual salary. o Employees who have been employed for at least 5 years at the beginning of the calendar

year receive a 4% bonus on their annual salary. o Employees who have been employed for at least 7 years at the beginning of the calendar

year receive a 5% bonus on their annual salary. o Employees who have been employed for at least 9 years at the beginning of the calendar

year receive a 6% bonus on their annual salary. o Employees who have been employed for at least 11 years at the beginning of the

calendar year receive a 7% bonus on their annual salary. Beginning of Calendar Year

Use function to enter the first day of the 2022 calendar year (i.e., 01/01/2022).

You are required to complete the data entry of the table in the workbook.

Beginning of Financial Year

Use function to enter the first day of the 2022/2023 financial year (i.e., 01/07/2022).

You are required to complete the data entry of the table in the workbook.

HFM Subscriptions Table

The subscription fee paid by customers varies according to the number of weeks they subscribe.

Customers pay $75 per week for a 7-week subscription, $60 per week for a 21-week

subscription, and $50 per week for a 42-week subscription. This information has been entered

for you in the Constants Sheet.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 7Distance Survey and Suburb Profile Table

Previously, franchise areas were allocated according to a rule of thumb (‘whatever worked’) at

the time the franchise was allocated. As HFM matures, Henry now wants to consider allocating

franchise areas based on the average actual travel distance from the shop to the suburbs that

they service.

This table is central to those calculations.

Each row in this table is an inner-city suburb in Brisbane that is within 6kms or so of the

Brisbane CBD. The latitude and longitude of an ‘average’ (centroid) point for each suburb is

provided. You are to use this information to determine distance for franchise areas.

Each row also indicates the prospective subscribers to the HFM service in these Brisbane

suburbs to each subscription type (7, 21, or 42 weeks). This information is derived from

extensive and, according to Henry, infallible, market research 1

. Prospective subscriberscontain the number of potential subscribers in each suburb, as discovered through market

research. The role of prospective subscribers versus actual subscribers is discussed below in

the Current Franchise Distribution section.

Each column in this table represents the four (4) current franchisee stores in Brisbane (Brisbane

City, South Brisbane, Milton, and Fortitude Valley).

In this table, you are to calculate the distance from each franchisee store to each suburb using

the latitude and longitude. To do this, use the latitude and longitude of each location according

to the following formula:

𝐷𝑖𝑠𝑡𝑎𝑛𝑐𝑒 = ACOS(COS( RADIANS(90 − 𝐿𝑎𝑡1) ) × COS(RADIANS(90 − 𝐿𝑎𝑡2))+ SIN (RADIANS(90 − 𝐿𝑎𝑡1))

× SIN(RADIANS(90 − 𝐿𝑎𝑡2)) × COS(RADIANS(𝐿𝑜𝑛𝑔1 − 𝐿𝑜𝑛𝑔2)))× 6371

This Haversine formula uses a widely-accepted method of calculating distances across the

surface of the earth (which looks quite complicated because the earth is not flat). Do not worry

about the calculation method. Just insert the latitude and longitude of each suburb and each

franchisee store respectively into your formula as follows.

Note: The Shop Code at the top of this table relates each Shop Code to the suburb in

which it is located.

Hint: You may wish to check your calculations of distance between suburbs using Google

Earth to measure point-to-point distance. Google Maps would provide travel distance

using roads, which would be longer than the Haversine formula (great circle method)

above.

1

You protest to Henry that no market research is ever infallible. Henry tells you ‘Don’t you worry about that!’

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 8Note: the distance between a franchisee store in a suburb and the suburb in which it is

located will be 0. For example, the distance between the suburb of Milton in the row of

this matrix and the suburb of Milton in the column of this matrix should be 0. If it is not

zero – then your formula is definitely wrong!

Note: Format this table appropriately.

Employees Sheet

Mainly refer to tutorial 2/7/8/9/11

Note: Please note that your formulas should be efficient and not hardcoded. You can use

a Lookup and Reference function to achieve this.

When using lookup tables in your formulas for values in the Employees Sheet, make sure

they are accessed using appropriate named ranges.

You should also format this sheet professionally and meaningfully.

The employee sheet keeps track of HFM’s employees. Your tasks are to:

Suggested order to complete tasks: Employee Budgeted Salary Costs -> Employee

Personal Details -> Database Functions

Employee Budgeted Salary Costs

(1) Column M: Insert a formula to retrieve the annual salary of the employee from the

Constant Sheet based on employee’s Job Title.

(2) Column N & O: Following this, insert formulas to calculate the employer and

employee superannuation contributions.

Note: Please note that employer super contribution rates are in the salary table. The

employer superannuation contribution rates must be multiplied by annual salary.

Hint: You will need to use the employee’s birthday in relation to the first day of the

financial year to calculate their employee superannuation contributions. The employee

superannuation contribution is post-tax contribution. Employees younger than 30 would

not pay any extra contribution.

Take a look at the date and time functions to best understand how to calculate accurate

durations between dates, dividing number of days by 365 is not accurate enough.

(3) Column P: Insert a formula to determine the Christmas bonus employees receive in

addition to their annual salary.

Hint: You will need to use the employee’s first working day in this formula in relation to

the beginning of Calendar Year. Take a look at the date and time functions. (4) Column Q: Using a formula calculate the annual income tax & Medicare levy withheld

from employees based on their salary.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 9Note: In your solution, assume that all employees pay the Medicare levy of 3% (that is,

assume all employees earn more than the threshold for low-income earners, and no

Medicare Levy Surcharge applies). The taxable income should include Christmas bonus.

Hint: Use the Annual Tax Table to calculate Income Tax from all income figures. For

example, an employee whose salary is $68,720 who has been at the store for three years

would receive ($68,720+ (0.03 x $68,720)) = $70,781.6 in taxable income.

On this taxable income, the accountant would pay income tax of ($5,092 + ($70,781.6 –

41,775) x 0.22) = $11,473.452. The Medicare Levy of 3% also applies and so Income Tax

& Medicare Levy would be $11,473.452 + ($70,781.6 x 0.03) = $13,596.9.

(5) Column R: Finally, insert a formula to determine the annual take home balance for

each employee – this is each employee’s total income less tax paid less any employee

contributions to superannuation.

Employee Personal Details

(1) Email Address (Column K): Insert a formula to form out email address for each

employee. All employees share the same company domain, which is “hfm.com.au”, but

different subdomains for each department.

Hint: Derive this column from ‘Given Name’ (Column C), ‘Surname’ (Column E), and

‘Employee Salary Table’ on the Constant sheet. You may need to look up the department

name and then connect with the company domain. For example, the email address for

Anna B Bishop who is delivery service manager should be

A.Bishop@operation.hfm.com.au

(2) Residential Suburb (Column L): Insert a formula to determine the employee’s

residential suburb (i.e. Milton).

Hint: You will need to search for the suburb name in the employee’s address to determine

the suburb of their home address. Here you are allowed to explore some Text Functions

which are not covered in tutorial.

Database Functions

You then need to complete the HFM Summary Table at the top of the sheet using Database

Functions. Please use the criteria range (A2:R3) and database range (A16:R94) by assigning

the named ranges “Criteria” and “Database” respectively, apply database functions to

calculate the minimum, maximum, average, and total values for the listed headings (MR), so that changing the criteria in row 3 results in changes to the summary table values in rows

9-12. You should also use a database function to count the number of records in the

schedule that meet the criteria for cell M7.

Hint: Database functions begin with a “D” and rely on criteria set out in a range that you

identify and populate with your criteria.

The formulas should be robust to control error with IFERROR.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 10When submitting the spreadsheet, set the criteria for summary table database functions so

that the Summary Table displays data relating to only the Job Title of “Delivery Service

Manager”.

Payroll Summary Sheet

Mainly refer to tutorial 11

Payroll Summary sheet records the actual payment across 12 months for each employee in

2022 (Please note that the calculations in Employees Sheet are budgeted take-home payment

not the actual payment employees received)

Using the information from the Employees Sheet and the Payroll Summary Sheet, create

Relationship through Power Pivot and generate a PivotTable to compare the budgeted takehome payment versus actual payment based on the Job Title. Calculated fields in PivotTable

are not required but please make sure the PivotTable has meaningful label headers. To make

it easier for other users to view the movement of the salaries, visualise the PivotTable by

inserting a Clustered Column PivotChart. The PivotChart must have a meaningful chart title. You should put the Pivot Table and the Pivot Chart in two separate worksheets and give each

of the two worksheets a meaningful sheet name. Hint: You need to import the data from Payroll Summary 2022 Sheet. Please clean the

dataset before loading into the sheet. PivotTable and Pivot Chart worksheets do not exist

in the template. ‘Job Title’ should be displayed in Rows.

Hint: You do not need to use calculated fields in the PivotTable, which means that you

do no need to add columns/rows manually in PivotTable.

Current Franchise Distribution Sheet

Mainly refer to tutorial 1/2/4/7/8

Currently, HFM stores are assigned suburbs as their franchise area (where they have exclusive

rights to provide HFM services) in an ad hoc manner. Henry does not like the fairly random

manner by which this allocation was made.

You are to model the Current Franchise Distribution and calculate the ‘Total Number of

Customers’, ‘Total Distance’, and ‘Total Subscription Revenue’ for each store using the

layout in this sheet. In doing so, calculate the ‘Distance’, Number of actual subscribers by

each subscription type, and ‘Revenue’ in this sheet for all suburbs of HFM.

Hint: You will need to use some of Excel’s Lookup & Reference, Math & Trig, and

Logical functions in some of your formulas.

Hint: You will need to use one of Excel’s Logical functions to ensure a 0 value for any

suburb without an assigned shop code in this table.

Distance is the distance from each assigned franchisee store to each suburb. The current

assignment of suburbs to the franchisee is indicated in the template.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 11Actual subscribers are different from prospective subscribers. A prospective subscriber is the

likely maximum number of HFM subscribers in the suburb indicated by market research. The

actual number of subscribers is dependent on the number of prospective subscribers and their

distance from the nearest store. Prospective subscribers are identified in the Distance Survey

and Suburb Profile Table of the Constants sheet.

Actual subscribers are the number of prospective subscribers reduced by 10% for every 1 whole

kilometre away (rounded down) from the nearest store until there are 0 actual subscribers. For

example, a suburb with 62 prospective subscribers that is 4.8 kilometres away from the nearest

store would have 38 actual subscribers. Mathematically, this can be represented as (𝑎𝑐𝑡𝑢𝑎𝑙𝑠𝑢𝑏𝑠𝑐𝑟𝑖𝑏𝑒𝑟𝑠 = 62 − ⌊62 × ⌊ ⌋ × 0.1⌋). Essentially – the further away prospective subscribers are from the store, the fewer actual

subscribers there will be.

Subscription Annual Revenue is the number of actual subscribers in each suburb according to

the assigned store multiplied by the subscription rate for each subscription type (7, 21, or 42

weeks subscriptions) multiplied by the number of weeks for subscription in a year.

Hint: Although subscribers may take up the service, or may drop the service, or change

subscription, you should assume that such changes cancel each other out – that is, you

may assume that the number of subscribers does not change over the twelve-month

period and all customers renew their subscription for the period (or, those that leave are

replaced by new customers). You are expected to use the FLOOR and MAX functions

here.

Hint: To do this last requirement (row 55), you need to add column totals for each column

in Current Franchise Distribution.

You should then complete the Summary Table of Current Customers, Distance, and

Revenue by store as indicated in the template and then sort the table by Annual Revenue

(largest to smallest), then by Distance (largest to smallest), then by Customer (largest to

smallest). The Revenue per Kilometre is the Total Revenue for all stores divided by Total

Distance for all stores.

Franchise Redistribution Sheet

Mainly refer to tutorial 1/2/4/6/8

As mentioned, Henry is very environmentally conscious and wants to reduce greenhouse gas

emissions and increases HFM’s environmental credentials. Rather than the previous random

arrangements, Henry wants to ensure that all suburbs are serviced by the closest HFM store.

You are to use the Solver analysis in this worksheet to work out a possible redistribution plan

to distribute groceries from the four franchisees to all suburbs, ensuring that the total distance

of stores from the suburbs assigned to them is minimised.

For ‘variable area’ in Solver analysis, use the area highlighted in light orange on this sheet

in the template. These variables are binary (0 or 1) and are used to assign suburbs to stores.

You will need to use the Simplex LP Solving Method. In this sheet, each row represents a suburb, and each column headed with a shop code (Columns

B, C, D & E) represents the assigned shop (the highlighted light orange area). In the

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 12intersecting cell of the shop and the suburb, a 0 indicates that the shop is not assigned to the

suburb, whereas a 1 indicates that the shop is assigned to the suburb.

The key constraints are that each inner-city suburb should be assigned to one, and one only,

store. Further, the variable area (the light orange cells) is either 0 or 1 (i.e., binary). The

solver should be used to assign each suburb to its nearest store. The solver solution (i.e. original

values) in the template is the current franchise distribution.

Note: Please note that your formulas in this solution should be efficient. You can use a

Lookup and Reference function to achieve this.

After you fill in the total Franchisee assigned column, identify the current shop codeassigned to each suburb name and identify the newly assigned shop code for each suburb name.

Using this code, identify the New Shop Location (i.e. the suburb of the assigned shop) in the

next column.

The Distance column shows the distance between the currently-selected shop to the assigned

suburb (i.e. the cell in the light orange matrix with a ‘1’ in it). You should calculate this using

an efficient formula.

Hint: Consider both the ‘Distance to Shop Calculation Matrix’ and the Franchise

Redistribution Solver solution.

Hint: Remember that you used a Math & Trig function in Distance Survey and Suburb

Profile Table to determine the distance from each suburb to each shop. The Distance to

Shop Calculation Matrix is automatically filled once your Distance Survey and Suburb

Profile Table in the Constant Sheet is completed.

Then, identify the subscriber numbers (7, 21 and 42), and total revenue based on this

arrangement. Note that these actual subscriber numbers are calculated according to the

same formula outlined in the Current Franchise Distribution sheet (i.e. actual subscribers

are calculated based on the number of prospective subscribers and the suburb’s distance from

the new assigned store - the nearest store).

Hint: You will need to use some of Excel’s Lookup & Reference, Math & Trig, and

Logical functions in some of your formulas.

Calculate the total figures for these columns at the bottom of the table.

To easily identify the suburbs and franchisees that require changes, use Conditional

Formatting to highlight (background only) the ‘Suburb Names’ in Green (Column A) for each

row if the assigned store stays the same, and highlight (background only) the ‘Suburb Name’

in Bright Orange (Column A) if the assigned store changes.

Similarly, use Conditional Formatting to highlight (background only) the ‘New Shop Code

Assigned’ (Column H) cells for each row in Bright Orange if the assigned store changes.

Save the results of Solver to a new answer sheet and restore the original values before

submitting.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 13Note: It is important that you restore the original values after running Solver.

Note: Copy the original matrix values for the highlighted yellow section from the original

sheet if you overwrite these values in error.

Finally, you should complete the summary table of the revenue by store as indicated in the

template. Identify the suburb name of each shop code using a formula, and the remainder of

the summary table can be completed using Mathematical and Trig function. Do not forget to

sort table by the same order as the previous sheet.

The Revenue per Kilometre figure is the Total Revenue of all stores divided by Total Distance

of all stores.

Further Analysis using Pivot Table and Pivot Chart

Mainly refer to tutorial 5

You are to create a Pivot Table and from that you create a professionally formatted Pivot Chart

using the information on the Franchise Redistribution Sheet. You should put the Pivot Table

and the Pivot Chart in two separate worksheets.

Hint: These worksheets do not exist in the template.

When creating the Pivot Table, set the Suburb Name as a filter on the Pivot Table Fields so

that the Pivot Chart can be modified to focus on the selected suburbs according to the viewer’s

wishes. The row labels of the Pivot Table should be the four actual suburbs in which stores

are located, and there should be three columns that calculate the number of subscribers for

each of the three subscription types for each store. You should also include another column

for total revenue.

Hint: You do not need to use calculated fields in the PivotTable, which means that you

do no need to add columns/rows manually in PivotTable. You should make these happen

by customizing the ‘PivotTable Fields’ panel.

Then you create a Pivot Chart (including the chart title, axes titles, colours, data labels, etc)

as a Combo Chart Type on its own worksheet.

Hint: For the Combo Chart type, consider Line Chart & Cluster Column Chart. You

should also set up a secondary axis.

The Chart should show the new shop location, the name of the suburb on Filter, the number of

subscribers of each subscription types, and total revenue to allow them to be compared.

Submit this Pivot Chart with all data shown (i.e. all shops with all suburbs assigned to them

shown on the graph).

Note: You should put the Pivot Table and the Pivot Chart in two separate worksheets

and give each of the two worksheets a meaningful sheet name.

Note: The pivot table should be edited through either the Pivot Table Fields or Pivot

Chart Fields in Excel.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 14New Store Investment Sheet

Mainly refer to tutorial 1/2/4/6/7

HFM is a growing business. Henry is thinking to build a new franchisee store at Rocklea in

response to his thoughts on expanding their presence at the Rocklea Grocery Markets in a few

years’ time. This would allow him to acquire groceries directly and more cheaply, thus being

able to provide more benefits to the customers.

Henry wants to save the same amount each term (monthly or fortnightly) for building a new

store several years from now that will cost a certain amount of money. He investigates several

scenarios of money deposit to undertake this investment plan. The monthly / fortnightly deposit

would be used to cover the fix cost and variable cost of building a new store in a few years. You are to use the Excel Scenario Manager to create a Scenario Summary for each of the

following scenarios:

• Medium Case: Fix cost of $ 90,000, Variable cost of $16,000, Annual interest rate for

saving of 1.6%, 12 monthly deposits each year over 5 years, Period start date is from

15/02/2023.

• Best Case: Fix cost of $ 95,000, Variable cost of $13,500, Annual interest rate for

saving of 2.1% and fortnightly (26) deposits each year over 3 years, Period start date is

from 15/02/2023.

• Likely Case: Fix cost of $ 105,000, Variable cost of $12,000, Annual interest rate for

saving of 2.7% and 12 monthly deposits each year over 6 years, Period start date is

from 15/02/2023.

• Worst Case: Fix cost of $ 115,000, Variable cost of $14,000, Annual interest rate for

saving of 3.5% and 12 monthly deposits each year over 7 years, Period start date is

from 15/02/2023.

Use the Scenario Manager to include a worksheet on your Workbook that contains the Scenario

Summary. This is to summarise the four different scenarios.

Note: The cells in Column B of the Output Area are the Result Cells from the Scenario

Summary.

You should add meaningful row labels to the scenario summary.

Hint: This means that you need to copy the labels in the Input Area and the Output Area

to the appropriate row in the Scenario Summary sheet.

To assist with the calculation, you must complete the Deposit Schedule for all deposits

identified in the scenarios.

Note: This schedule extends from cell D6:I6 to as far as you need to go to accommodate

the full deposit schedule for all scenarios considered.

The Deposit # 1 has been entered for you. You should enter formulas starting from Cell D7

to display 2, 3, 4 … for Deposit # instead of using auto fill series. You should enter formulas

start from E6 to display each period start date instead of manual input.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 15As the scenarios vary in the number of deposits, the length of the schedule will need to be long

enough to accommodate the highest number of deposits # in the scenarios. For example, the

Medium Case scenario has 12 monthly deposits each year over 5 years = 60 rows, the Best

Case scenario has 26 payments over 3 years = 78 rows, and the Worst Case scenario has 12

monthly payments each year over 7 years = 84 rows.

The opening balance for the first deposit should be zero. The closing balance is the amount

collected after the interest earned has been added to the deposit for each term. The closing

balance of one deposit period is the opening balance of the next deposit period.

You should use opening balance for each deposit and term interest rate to calculate term deposit

interest. Then you are required to use Excel’s Financial Function, PMT, to calculate deposit

for each term.

Hint: The amount of deposit for each term should be the same. You need to use Days

function to get the period start date automatically.

Hint: Your ‘Deposit Schedule’ should display deposit amount as positive numbers and

all the number should be accounting number format with two decimals.

Hint: The last cell of your schedule should be exactly equal to the total amount of cost –

that is, after your last deposit the closing balance should be equal to the total amount of

cost of building the new store.

You should professionally but simply format the Deposit Schedule. This means that all rows

of the schedule that have values in them should have borders.

Hint: Refer to Font – ‘All Borders’ format. This means that you should set your formulas so that the Deposit Schedule does not display

rows when payments are finalised (i.e. no more rows after the closing balance equals to zero).

Note: Do not provide totals for the columns of the Deposit Schedule as this information

will be displayed in the Output Area. Hint: You can force rows not to display the results of functions by using the ‘If’ function

in your formulas to set the cell value to “” if the final deposit has been done.

Hint: You are to use Conditional Formatting choosing one of the “Rule Type” so as to not

show borders of cells that have no values in them.

You will need to calculate the information in the Output Area using data entered in the Input

Area and calculated in the Deposit Schedule.

From the Input Area, you can calculate the Total Amount of Cost and Number of Deposits.

From the Deposit Schedule you can calculate the Deposit Amount for Each Deposit, the

Total Value of Deposit Made for building the new store, and Total Interest Collected Over Life

of Deposits. These three items should be calculated as positive, not negative, numbers.

BISM7202 – Information Systems for Management

A.Professor Dongming Xu Page | 16Comments to Henry Sheet

In undertaking this extensive analytical exercise, there are three comments you wish to raise

with Henry. You must address the following three points:

1. Considering the results of your analysis in the Current Franchise Distribution Sheet and

the Franchise Redistribution Sheet, identify and discuss a single weakness of the Excel

Model that relates to the business impact of the proposed redistribution plan.

You may discuss any weaknesses that relates to the actual Excel model developed or to possible

practical business problems that you identify with the proposed redistribution plan. You must

identify the weakness and answer why you think it is a weakness.

Note: Do not write a paragraph – 3 to 5 lines would be enough to identify the weakness

and explanation on why you think it is a weakness.

Note: The weakness should be related to the Excel business model rather than Excel tool

itself or Excel functions.

2. In the Current Franchise Distribution and the Franchise Redistribution sheets, you

calculated a ‘Revenue Per Kilometre’ figure. This is a business metrics that can reflect HFM’s

performance. Please identify another three business metrics that indicates a business’s growth

or decline.

3. Henry wants to know more about the Excel solution you have built for his business.

Please explain to Henry in detail that how Predictive Business Analytics is utilised in this

Excel model?

Hint: Predictive Business Analytics is the use of statistics and modelling techniques to

determine future performance based on current and historical data. It can be used to

improve Business Performance with Forward-Looking Measures.

Note: Do not write a paragraph – 3 to 5 lines would be enough to explain how Predictive

Business Analytics is utilised in this Excel model.