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Understanding the Digital Revolution

   

Added on  2023-04-21

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Running head: ITECH1100: UNDERSTANDING THE DIGITAL REVOLUTION
ITECH1100: Understanding the Digital Revolution
Name of the Student
Name of the University
Authors note
Understanding the Digital Revolution_1

2ITECH1100: UNDERSTANDING THE DIGITAL REVOLUTION
Task 1
Being a small online store Suit Box produces custom made exceptional suits as per
their client’s requirements. As they solely sell their item through online stage with the staffs
Adrian, Bakari, Caitlin. Alongside them the business likewise requires a replacement worker
for about four months and need to pay their insurance and utility costs required for the
business. Following is the table that depicts all the required cost for business.
Suit Box
Staff
Day
Cou
nt
Hou
rs/
Day
Total
Shift
Hours
Extra Hours
for Social
Presence
Total
Working
hoursr
Pay
(skilled/p
art-time)
Pay/
Wee
k
Pay/
Year
Adrian 3 7.5 22.5 3 25.5 $ 26.00
$
663.
00
$
34,4
76
Bakari 2 7.5 15 0 15 $ 26.00
$
390.
00
$
20,2
80
Caitlin 5 4.5 22.5 3 25.5 $ 24.00
$
612.
00
$
31,8
24
Insurance
Cost
$
9,10
0.00
Utility Cost
every
month $ 260.00
$
3,12
0.00
Replaceme
nt Worker
Cost 66 $ 39.00
$2,5
74.0
0
$10,
296.
00
Total Operating Cost
$
109,
096
The total cost of operating the business is $ 109,096. This includes the utility, insurance
and payable to the permanent, part-time and replacement workers in the organization.
Understanding the Digital Revolution_2

3ITECH1100: UNDERSTANDING THE DIGITAL REVOLUTION
Task 2
From the given past sales data, the following charts are prepared to find out the
different aspects and variances in the orders with variance of the employee and other factors.
The first chart depicts the profit gained for different type of used materials for the
Suits. From the given chart the maximum difference between the quoted value and
manufacturing cost depicts the maximum amount of profit.
Cotton Leather Silk Tweed Wool
0
1000
2000
3000
4000
5000
6000
7000
8000
9000
Sum of profi t by Material
Sum of profit
Sum of Manufacturing cost
($)
material
profit
From the above image, it can be stated that the organization gained maximum amount
of profit from the Leather products.
Now in the next chart, profit is compared with different employees for every material
used for the custom made suits.
Understanding the Digital Revolution_3

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