Understanding the Digital Revolution | Study

Running head: UNDERSTANDING THE DIGITAL REVOLUTION
UNDERSTANDING THE DIGITAL REVOLUTION
Name of the Student
Name of the University
Author Note

UNDERSTANDING THE DIGITAL REVOLUTION
1
Table of Contents
Cost of Operation.............................................................................................................................3
Order Information............................................................................................................................3
Quoting or Manufacturing over time...........................................................................................4
Quote amount differentiation for each staff member..................................................................4
Price consistency.............................................................................................................................5
Process improvement.......................................................................................................................6

UNDERSTANDING THE DIGITAL REVOLUTION
2
Cost of Operation
Cost of operation is the total cost required for running a business. The total cost are
calculated using employees’ salaries, expenses and other components of the business. The
company Pants life has total operating cost of 100960 dollars. It is calculated using the annual
salaries of Aiden, Bernard and Clyde along with the annual replacement, expenses and fixed
costs. The calculation has been done considering the 52 weeks of the year multiplying by the
weekly expenses. The excel formulas has been used for this task. The below table shows the used
columns and total expenses of the company. The replacement has been considered for max 4
weeks only hence multiplied by 4 instead of 52.
Figure 1: Cost of Operation for Pants Life
Source: Created by author
Order Information
The order information for the Pants life are visualized by the representing how the quote
and manufacturing amount changes over the time and the differentiations of the quote amount for
the staffs. The below figure 2 and figure 3 represents the order visualization of Pants life.