Dss assignment | Management homework help

  

Requirements

A Decision Support System (DSS) is a tool utilized by managers to make informed decisions. It is important to understand the roles that DSSs serve in assisting executives and managers in evaluating business processes and making decisions that will guide the future for enterprises.

In this activity, you will create a DSS component in the form of a spreadsheet that will be utilized by the corporate Finance Department Manager to reach structured decisions relating to aviation fuel purchasing contracts. You will utilize the Microsoft Excel application to create the DSS.

In this practical exercise, you are hypothetically employed as the IT Department Manager at an imaginary Fixed Base Operator (FBO) located in Somewhere, Kansas. You have been tasked to create a simple spreadsheet utilizing the Microsoft Excel application that will be the primary component of a Decision Support System (DSS).

The DSS spreadsheet 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, that is 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.

The following are the dashboard requirements:

  • Submit      the DSS in a Microsoft Excel spreadsheet.
  • Submit two      “MIN” and two “IF” functions.
  • Format      cells with TWO decimal places.
  • Format      the spreadsheet per the steps below.

Your document submission is due by the posted due date. Your instructor will use the 2.4 Module Review: Practical Exercise Rubric below for evaluating and grading your submission.

Save your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters.

Steps to Create Decision Support System

n 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 in non-bold font:

  • Yellow      Plains Fuel
  • Okie      Stokie Fuel
  • Best      Ever Fuel
  • Smith      Bros Fuel
  • Wild      West 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 $5.00 and $10.00 for each type of fuel. The numerical values for each type of fuel must be different.

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      nested IF functions, create a formula for the cell      in Column B, Row 9 that places the name of      the vendor determined to have the “Best Jet Fuel Price.”
  4. Select Align      Right for the data in the cell located at Column B, Row      9.
  5. Using      nested IF functions, create a formula for the cell      in Column C. Row 12 that places the name of      the vendor determined to have the “Best Avgas Price.”
  6. Select Align      Right for the data in the cell located at Column C, Row      12.
  7. Select All      Borders for the cells in Columns A, B,      and C, Rows 1 through 12.

The following video offers valuable tips on how to create nested IF functions: https://www.youtube.com/watch?time_continue=1&v=MtDGUHdS3VY

Calculate your paper price
Pages (550 words)
Approximate price: -

Why Work with Us

Top Quality and Well-Researched Papers

We always make sure that writers follow all your instructions precisely. You can choose your academic level: high school, college/university or professional, and we will assign a writer who has a respective degree.

Professional and Experienced Academic Writers

We have a team of professional writers with experience in academic and business writing. Many are native speakers and able to perform any task for which you need help.

Free Unlimited Revisions

If you think we missed something, send your order for a free revision. You have 10 days to submit the order for review after you have received the final document. You can do this yourself after logging into your personal account or by contacting our support.

Prompt Delivery and 100% Money-Back-Guarantee

All papers are always delivered on time. In case we need more time to master your paper, we may contact you regarding the deadline extension. In case you cannot provide us with more time, a 100% refund is guaranteed.

Original & Confidential

We use several writing tools checks to ensure that all documents you receive are free from plagiarism. Our editors carefully review all quotations in the text. We also promise maximum confidentiality in all of our services.

24/7 Customer Support

Our support agents are available 24 hours a day 7 days a week and committed to providing you with the best customer experience. Get in touch whenever you need any assistance.

Try it now!

Calculate the price of your order

Total price:
$0.00

How it works?

Follow these simple steps to get your paper done

Place your order

Fill in the order form and provide all details of your assignment.

Proceed with the payment

Choose the payment system that suits you most.

Receive the final file

Once your paper is ready, we will email it to you.

Our Services

No need to work on your paper at night. Sleep tight, we will cover your back. We offer all kinds of writing services.

Essays

Essay Writing Service

No matter what kind of academic paper you need and how urgent you need it, you are welcome to choose your academic level and the type of your paper at an affordable price. We take care of all your paper needs and give a 24/7 customer care support system.

Admissions

Admission Essays & Business Writing Help

An admission essay is an essay or other written statement by a candidate, often a potential student enrolling in a college, university, or graduate school. You can be rest assurred that through our service we will write the best admission essay for you.

Reviews

Editing Support

Our academic writers and editors make the necessary changes to your paper so that it is polished. We also format your document by correctly quoting the sources and creating reference lists in the formats APA, Harvard, MLA, Chicago / Turabian.

Reviews

Revision Support

If you think your paper could be improved, you can request a review. In this case, your paper will be checked by the writer or assigned to an editor. You can use this option as many times as you see fit. This is free because we want you to be completely satisfied with the service offered.