You are the IT Department Manager employed by an imaginary Fixed Base Operator (FBO) located in Somewhere, Kansas. The DSS that you create will be utilized by the Corporate Finance Department Manager to reach structured decisions relating to aviation fue

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  • You are the IT Department Manager employed by an imaginary Fixed Base Operator (FBO) located in Somewhere, Kansas.  The DSS that you create will be utilized by the Corporate Finance Department Manager to reach structured decisions relating to aviation fue
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Description

DATA SPREAD SHEET

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DATA SPREAD SHEET (USING Excel)

Module Review activity, you will submit a Microsoft Excel spreadsheet. Your instructor will use the rubric attached to this assignment to grade your work. You will create a Decision Support System (DSS) using Excel.( Microsoft® Office 365)

This practical assignment, you are to create a simple spreadsheet utilizing Excel or a compatible application that will be the primary component of your DSS. You are the IT Department Manager employed by an imaginary Fixed Base Operator (FBO) located in Somewhere, Kansas.

The DSS that you create will be utilized by the Corporate Finance Department Manager to reach structured decisions relating to aviation fuel purchasing contracts. To be able to arrive at those decisions, the manager needs data that represents the pricing for two distinct types of aviation fuel, Jet Fuel and Avgas available from the five different vendors with which the company has accounts. The DSS should present the lowest pricing in U.S. dollars for each of the two types of aviation fuel along with the vendors that offer that pricing.

Create your DSS spreadsheet utilizing the following steps:

In Row 1, create a header row with the following labels in bold font:

· Column A: Vendor Name

· Column B: Jet Fuel Price

· Column C: Avgas Price

In Column A, Rows 2 through 6, list the following vendors:

· ABC Fuel

· Midwest Fuel

· Texas Wildcat Fuel

· KC Fuel

· Royal Canadian Fuel

In Columns B and C, Rows 2 through 6, enter imaginary pricing values for all vendors and both types of fuel, keeping the range of values between $ and $ for each type of fuel.

Format the cells in Columns B and C, Rows 2 through 6 as “Currency” with two decimal places.

· Label the cell in Column A, Row 8, “Best Jet Fuel Price” in bold font. Label the cell in Column A, Row 9, “Jet Fuel Vendor” in bold font.

· Label the cell in Column A, Row 11, “Best Avgas Price” in bold font.

· Label the cell in Column A, Row 12, “Avgas Vendor” in bold font.

Using Functions and Formulas

  1. Using the MIN function, create a formula for the cell located in Column B, Row 8 that calculates the lowest value for the Jet Fuel pricing available from the five vendors.

  2. Using the MIN function, create a formula for the cell located in Column C, Row 11 that calculates the lowest value for the Avgas pricing available from the five vendors.

  3. Using the “IF” function, create a formula for the cell in Column B, Row 9 that places the name of the “winning” vendor for the “Best Jet Fuel Price.”

    Select “Align Right” for the data in the cell located at Column B, Row 9. Using the “IF” function, create a formula for the cell in Column C. Row 12 that places the name of the “winning” vendor for the “Best Avgas Price.” Select “Align Right” for the data in the cell located at Column C, Row 12. Select “all Borders” for the cells in Columns A, B, and C, Rows 1 through 12. Save your spreadsheet with the following filename: (Last Name, First Initial) MGMT 221 Module Review Part 2 Practical Mod

(Last Name, First Initial) Module Review Part 2 Practical Mod

Your instructor will use the rubric below for grading.

Rubric

Module Review Part 2 Practical Exercise Rubric (Module 2)

Module Review Part 2 Practical Exercise Rubric (Module 2)

Criteria

Ratings

Pts

Calculations

Excellent (A) 64 to 70 points - Almost all of the problems are calculated correctly.

70.0 pts

Satisfactory (B) 58 to 63.4 points - Most of the problems are calculated correctly.

63.4 pts

Passing (C) 52 to 57.9 points - Some of the problems are calculated correctly.

57.9 pts

Near Failing (D) 47 to 51.9 points - Very few of the problems are calculated correctly.

51.9 pts

Failing (F) 0 points - Problems are calculated incorrectly.

0.0 pts

70.0 pts

Procedures/ Rational

Excellent (A) 18 to 20 points - Uses the best rationale and/or required procedures/formulas/tools to solve almost all of the problems.

20.0 pts

Satisfactory (B) 16 to 17.9 points - Uses satisfactory rationale and /or required procedures/formulas/tools to solve most of the problems.

17.9 pts

Passing (C) 14 to 15.9 points - Uses satisfactory rationale and/or required procedures/formulas/tools to solve some of the problems.

15.9 pts

Near Failing (D) 11 to 13.9 points - Does not use satisfactory rationale or required procedures/ formulas/tools to solve the problems.

13.9 pts

Failing (F) 0 points - Used incorrect formulas and tools.

0.0 pts

20.0 pts

Presentation of Data

Excellent (A) 8 to 10 points - Data is clearly presented and overall assignment is well formatted.

10.0 pts

Satisfactory (B) 6 to 7.9 points - Data is clearly presented with some errors in overall formatting.

7.9 pts

Passing (C) 4 to 5.9 points - Some data is not presented clearly and some errors in overall formatting are observed.

5.9 pts

Near Failing (D) 2 to 3.9 points - Data is not clearly presented and overall formatting of assignment is poor.

3.9 pts

Failing (F) 0 points - Did not present data and results.

0.0 pts

10.0 pts

Total Points: 100.0

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