All assignments must be typed in MS Word and Excel and must be submitted via Canvas.
Please see the instructions posted in Canvas for online assignment submission
Answer the following questions with your own words
1. How is data different from information? How is information different from knowledge? (10 pts)
2. What is an information system? What is the role of feedback in a system? (10 pts)
3. Why are information systems so essential for running and managing a business today? (10 pts)
4. What are the basic modules of an ERP? Pick two different ERP systems in the market and compare the modules. (15 pts)
5. Suppose that you are the manager of a computer parts warehouse. Create a simple inventory dashboard using annual inventory data given in the following table. Use the instructions given under the inventory table to create the dashboard.
a. Calculate the Min and Max quantities of each SKU (10 pts)
b. Calculate the average quantity and standard deviation of each SKU (10 pts)
c. Draw a Pie Chart to display annual stock breakdown (percentages) (15 pts)
d. Draw a Bar Chart to display monthly total stock in the warehouse (10 pts)