rick oversees Make Your Own Music, a business specializing in musical instruments such as guitars, drums, and synthesizers. Commission rates for staff are determined by sales at the store, with the following tiered rates: - 11% for sales under $10,000- 13% for sales between $10,000 and $14,999- 15% for sales between $15,000 and $17,999- 17% for sales between $18,000 and $21,999- 19% for sales of $22,000 or more. Employees have the option to withdraw up to $2,500 monthly from future commissions. Shortfalls in commission repayments must be covered by employees. The monthly pay formula is: pay = (sales * commission rate) - advanced pay. rick seeks a program to automate this process. The algorithm: 1. Obtain the monthly sales figure from the salesperson.2. Retrieve the amount of advanced pay taken by the salesperson.3. Determine the appropriate commission rate based on monthly sales.4. Calculate the salesperson's pay using the provided formula. A negative amount indicates repayment owed to the company. pseudo code: Have a function to get sales and return sales Have a function to get advance and return advance have a function to get to analyze commission and return the commission base of sales calculate the salesperson pay in main function using the formula.

Operations Research : Applications and Algorithms

4th Edition

ISBN:9780534380588

Author:Wayne L. Winston

Publisher:Wayne L. Winston

Chapter15: Deterministic Eoq Inventory Models

Section: Chapter Questions

Problem 3RP

See similar textbooks

Related questions

Concept explainers

Question

rick oversees Make Your Own Music, a business specializing in musical instruments such as guitars, drums, and synthesizers. Commission rates for staff are determined by sales at the store, with the following tiered rates:

- 11% for sales under $10,000
- 13% for sales between $10,000 and $14,999
- 15% for sales between $15,000 and $17,999
- 17% for sales between $18,000 and $21,999
- 19% for sales of $22,000 or more.

Employees have the option to withdraw up to $2,500 monthly from future commissions. Shortfalls in commission repayments must be covered by employees. The monthly pay formula is: pay = (sales * commission rate) - advanced pay. rick seeks a program to automate this process. The algorithm:

1. Obtain the monthly sales figure from the salesperson.
2. Retrieve the amount of advanced pay taken by the salesperson.
3. Determine the appropriate commission rate based on monthly sales.
4. Calculate the salesperson's pay using the provided formula. A negative amount indicates repayment owed to the company.

pseudo code:

Have a function to get sales and return sales
Have a function to get advance and return advance
have a function to get to analyze commission and return the commission base of sales
calculate the salesperson pay in main function using the formula.

Expert Solution

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Knowledge Booster

Learn more about

Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, computer-science and related others by exploring similar questions and additional content below.

Similar questions