This work will be done using Excel. I have Milestone 1 and Milestone 2 . All you need to do is Milestone 3. And you need to combine Milestone 2 and Milestone 3 into Milestone 1 work. It needs to be a big annotated Excel file. And please also include a rationale for each prompt In Milestone 3 Optimizing Performance

Milestone Three Prompt:

For the Lodi Winery, you have been asked by management to examine the data collected and analyzed in the previous modules. The objective is for you to help management decide on the right mix of wine bottles to sell based on newly derived profit information while considering the limitations of the particular types of grapes available for production.

While doing more research on wine production, you realize that it takes 3.5 pounds of grapes to make a bottle of wine. In addition, you already were provided the price per bottle that the distributors are paying for each variety of wine:

Price for Red Wine ($) Price for White Wine ($) Price for Organic Wine ($) 7.50 8.00 12.00

After discussing wine production with the operations manager, you also learn that the wineries that supply the grapes to produce the above types of wine can produce up to a total of 200,000 pounds of grapes for a six-month supply of wine bottles for the three markets, with the following expected

distribution constraints based on types of grapes. Note that current market demand will not support more than the below constraints for each type:

Red wine ceiling White wine ceiling Organic wine ceiling

22,000 bottles 24,000 bottles 12,000 bottles

Note that the production cost per bottle remains the same as before, that is, 32% of sales or revenue for red wine, 42.5% of sales for white wine, and 52.5% for organic wine. With additional information you have gathered, you are now ready to determine the optimum production mix to maximize profit.

Prompt: For this assignment, you will set up a spreadsheet to track labor costs for the given scenario below. This assignment will give you practice in setting up a basic spreadsheet with calculations and then linking that data to another tab (worksheet). You will also build upon the output from this assignment in future modules as you learn more concepts about spreadsheet functionality.

First, create an Excel spreadsheet and name the document “Labor Hours.” Label the first tab of the document Data. Then, complete the following steps:

1. In the Data tab, create a table with the following information:
   1. a) Employees’ names
   2. b) Each employee’s hourly rate
   3. c) The number of hours per day for five days for each employee
2. Use basic formulas to calculate the following:
   1. a) The total amount of hours each employee worked for five days
   2. b) The labor cost for each employee
   3. c) The total labor cost for the project
3. Within the same document (workbook), set up a separate tab labeled Data Link. In this tab, set up a blank table and populate the table by linking the cells to the data from the table you created in the Data tab.Note: For this part of the assignment it may be tempting to simply copy and paste the table and formulas from the Data tab. However, it is important that you learn to link data from one tab to another. In the real world, you could have a spreadsheet with multiple tables on multiple tabs all pulling from the same dataset. If you copy data instead of linking it, you will have to update every table. However, if you link the data, all of the tables will automatically update if any of the data changes.Hint: On your separate worksheet, if you click on any cell that is importing data, you will see the name of the original worksheet (the name on the tab), followed by an exclamation point, before the cells are listed. For example: sheet1!A2.

Prompt: For this assignment, you will set up a spreadsheet to track labor costs for the given scenario below. This assignment will give you practice in setting up a
basic spreadsheet with calculations and then linking that data to another tab (worksheet). You will also build upon the output from this assignment in future
modules as you learn more concepts about spreadsheet functionality.
First, create an Excel spreadsheet and name the document “Labor Hours.” Label the first tab of the document Data. Then, complete the following steps:
1. In the Data tab, create a table with the following information:
a) Employees’ names
b) Each employee’s hourly rate
c) The number of hours per day for five days for each employee
2. Use basic formulas to calculate the following:
a) The total amount of hours each employee worked for five days
b) The labor cost for each employee
c) The total labor cost for the project
3. Within the same document (workbook), set up a separate tab labeled Data Link. In this tab, set up a blank table and populate the table by linking the
cells to the data from the table you created in the Data tab.
Note: For this part of the assignment it may be tempting to simply copy and paste the table and formulas from the Data tab. However, it is important
that you learn to link data from one tab to another. In the real world, you could have a spreadsheet with multiple tables on multiple tabs all pulling from
the same dataset. If you copy data instead of linking it, you will have to update every table. However, if you link the data, all of the tables will
automatically update if any of the data changes.
Hint: On your separate worksheet, if you click on any cell that is importing data, you will see the name of the original worksheet (the name on the tab),
followed by an exclamation point, before the cells are listed. For example: sheet1!A2.