File: mist7810assignments.html
URL: www.terry.uga.edu/people/jaronson/mist7810/

MIST 7810: Advanced Business Applications Software (Excel)
JE Aronson



EXCEL SUGGESTED EXERCISES
(I.E., NONASSIGNMENTS)
(Note, Exam problems tend to be tougher. Look at the Practice Exams for those.)



Some Important Notes on these Suggested Exercises:

  1. This is set up such that the Review Exercise is always suggested, followed by two of the end of chapter cases. Generally the first one is an apply what you learned" case; while the second is more "challenging" and/or "creative."
  2. There may be some ambiguity in the latter or last question. This is deliberate. The reason is that the real world can be ambiguous and this problem part is designed to test your ability to stretch beyond the 'standard' material in the text. There may be several ways to interpret the problem and sometimes you will have to develop reasonable assumptions to complete this part. Ambiguity in the real world is normal - get ready for it here.
  3. These are not assigned to be turned in, but rather should be done to help in learning the material.
  4. In the past, I have required these to be turned in. I have modified my classroom approach in that my expectation is that everyone in a class will be doing the homework and getting it done perfectly right, so it does not really impact anyone's grades. (Sometimes one or two students won't do them, and it does have a negative impact). That is why these are 'suggested' exercises.
  5. It is to your benefit to do the tutorial (chapter) first; then do these exercises in a timely manner (i.e., as we cover the material in class; not right before we have an exam.
  6. We can discuss these in class as we go. If we don't, just ask.



File Name Conventions for Material to Submit (Exams)

Any course files to be submitted for grading must be uploaded to the ELC site in the Assignments area (tentative instructions below).

File Naming Conventions (this will be described in whatever exam Excel file you are to submit):
(Note - please put your name inside the worksheet, somewhere near the top left of the first sheet with major work in it):

LastFirstExamXY.xls

   Where
       Last = Lastname
       First = Firstname, and
       X = The Exam Problem Number
       Y = The Second Problem Number Letter (A or B, etc.), if there is one.

So, Joe Gorganzola’s solution to Exam Problem 2, Part B is initially named GorganzolaJoeExam2B.xls.

If you want to submit a new version of something, because perhaps you realized that you had made an error and want to fix it and submit a new one before the due date and time, you will have to submit it (don't change the name of the file unless initially in error) to a second Assignment Folder, which will exist in eLC. Only use the 2nd and 3rd, etc. areas if you modify something, not if you want to submit separate pieces.. Do not use a different filename, simply upload it with the other files due at that time and date to the new folder. Please remember to submit all your files together, even if you are only resubmitting only one part. This helps us a lot and thank you.

You will have to submit updates into a second Assignment> Area in eLC. And a third version would go into a third Assignment> Area. This will be clear when you see how the Assignment> Area of eLC is structured.

There can also be an area for Late Assignments for each one, if needed.

Do make sure that you submit the file to the right place in eLC (see below).


How To Submit Assignments and Exams to eLC

Elc does not require you to be on campus to upload (or download) files because you access it through a Web browser. Do not email files to me as attachments. Please submit all your files (i.e., you can attach another file) together (please wait until you complete the entire set of problems). This helps us a lot and thank you.

Please follow these steps carefully. Each file that you must upload for grading will be listed as a separate assignment in the Assignments Area of eLC. This is true also for exam and quiz problems.
Exam Z Problem Z is for practice. Try to upload it long before you need to do a real one. Rename the file based on the naming convention above.



[[[  Please be sure that you are using the correct version of the textbook.  ]]]
[[[  There usually is more than one problem per Tutorial and Assignment.  ]]]


ExamZ, Problem Z: An Upload Test **** WE WILL DO THIS ONE TOGETHER ****.
Assignment Purpose: To practice changing a filename and verify that you can upload a file to the Assignments area of eLC.

Start with the Haley1.xls file in Tutorial 1 Case Problem 2. Rename the file using the appropriate naming convention (Joe Gorganzola's file would be  GorganzolaJoeExamZZ.xls). Upload (submit) it to Assignment ZZ in eLC.


Even though these are Suggested Exercises, they are called 'Assignments' from here to the end.


Tutorial 1 (Getting Started with Excel).
Review Exercise
Case Problem 1 (2 is also pretty good)
Case Problem 3

Tutorial 2 (Formatting a Workbook).
Review Exercise
Case Problem 2
Case Problem 4 (and highlight profit as a traffic light: green if more than 10%, red if less than 5%, yellow if between 5% and 10% inclusive

Tutorial 3 (Working with Formulas and Functions).
Review Exercise
Case Problem 1
Case Problem 3

Tutorial 4 (Working with Charts and Graphics).
Review Exercise
Case Problem 1
Case Problem 3
We will also work with a couple of alternative data sets for regression analysis.

Tutorial 5 (Working with Excel Tables, PivotTables, and PivotCharts).
Review Exercise
Case Problem 2
Case Problem 3 (both 3 and 4 are good, but)
Case Problem 4 (4 is preferred)

Not assigned, but we might do this one:
Tutorial 7 (Using Advanced Functions, Conditional Formatting, and Filtering).
Review Exercise
Case Problem 3 (challenge, type problem)
Case Problem 4 (create-type problem)

Not assigned, but we might do this one:
Tutorial 9 (Developing a Financial Analysis).
Review Exercise
All 4 cases are worth doing.
Case Problem 1
Case Problem 4

Tutorial 10 (Performing What-If Analysis).
Review Exercise
Case Problem 2
Case Problem 3
Case Problem 4


Tutorial 10. Try this as well:
Assignment Purpose: To further illustrate the concepts in Tutorial 10 (Solver [i.e., linear programming and modeling]).

The BullDawg PC Manufacturing Company makes two PC models in their small factory in Athens, a Home model, and a Professional model.
Net Unit Profits for the Home and Professional PCs are $350 and $450 respectively.
There are three basic departments (resources) that each PC requires before it goes to the customer. They are Assembly, Testing, and PackagingAndShipping [one department]. The respective number of hours (per week) for each resource is 600, 500, 600.
Each PC 'consumes' these resources as follows:

Resource
Home          
Professional
Assembly
3
4
Testing
2
4
PackagingAndShipping
1.5
3


Of course, you cannot manufacture a negative PC.

1. Create and Excel worksheet to determine an optimal number of each PC model to manufacture each week. Save and submit your worksheet with a -Step01 designation after you have answered the following. Put your answers in the worksheet:

a. Try different values of the decision variables and indicate your best found solution using trial values.
b. Should we run Solver assuming a Linear Model? Why or why not?
c. Should we run Solver, assuming Nonnegative variables? Why or why not?
d. Do we need to restrict the decision variables to be integer? Why or why not?

2. Set up this problem and Solve it using Solver. Make sure you save the three answer worksheets. Precede the name on the Tab of each with 'Part 2 '.
In addition, determine what the effect on the profit would be if you must make at least 15 Professional PCs. Do not solve it again with solver. Instead use the sensitivity data to answer this. Put this answer at the bottom of your work in the main sheet. Save and submit your worksheet with a -Step02 designation.

3. Suppose BullDawg finally noticed that 10% of each model fails in the Testing operation, and must be Debugged. Ultimately every PC that failed does get through this Debug resource (hint, hint), but it does take time. 60 hours per week are available; the Home PC requires (on average) 4 hours, while the Professional PC requires (on average) 6 hours as:

Resource
Home          
Professional
Debug
4
6

Update your set up for Solver in Part 2 to include this new aspect. (Hint: there is an easy way, and a less than easy way. Think about it before you implement.) Can the existing solution work (i.e., is it  feasible ?)?  (Hint - it shouldn't work!) Solve the new problem in Solver and explain what happened. Make sure you save the three answer worksheets. Precede the name on the Tab of each with 'Part 3 '. Save and submit your worksheet with a -Step03 designation.


Tutorial 11 (Connecting to External Data).
Review Exercise
Case Problem 1
Case Problem 2
Case Problem 3




We will not cover this, but this is a good set of exercises:
Not assigned, but worth knowing:
Tutorial 12 (Enhancing Excel with Visual Basic for Applications).

Review Exercise
Case Problem 1
Case Problem 4


Page maintained by JE Aronson
Last Modified: August 15, 2009