Question

In: Operations Management

. A process description for “Pay Commission" is provided below:            For each COMMISSION EARNED           ...

. A process description for “Pay Commission" is provided below:

           For each COMMISSION EARNED

                        If EXTRA BONUS equals Y

                                  If PAYMENT TOTAL is greater than $80,000

                                                Add 3% to COMMISSION PERCENT

                                                Output SPECIAL LETTER

                                                Output AWARD LIST

                                           Else   Add 2% to COMMISSION PERCENT

                                                  Output AWARD LIST

                Else

                                    If PAYMENT TOTAL is greater than $80,000

Add 1% to COMMISSION PERCENT

                                                Output SPECIAL LETTER

                                   

Calculate COMMISSION = COMMISSION PERCENT times PAYMENT TOTAL

    Required:

    Construct a Decision Table for the above process description.

Solutions

Expert Solution

While if else statement is for system understanding Decision Table is better understood by individuls and management personnel.

Decision tables are a tabular and concise representation of step by step procedure which specify which action needs to be performed depending on which conditions.

To prepare decision table for above if-else statement we break the if else statement in four columns i.e condition , action, output and result

Condition Action Output Result : Total Commission
  • Extra Bonus Y
  • Payment Total < $ 80,000
  • Add 2% to Commission Percent
  • Award List
  • Commission = 2% of Payment Total
  • Extra Bonus Y
  • Payment Total > $ 80,000
  • Add 3% to Commission Percent
  • Special Letter
  • Award List
  • Comission = 3% of Payment Total
  • Payment Total > $ 80,000
  • Ad 1% to Commission Percent
  • Special Letter
  • Comission = 1% of Payment Total

There are many more ways of making a decision tree (can also be done in excel) and this is a simplest form of decison table.


Related Solutions

Write a program that can be used to calculate the commission earned in a real estate...
Write a program that can be used to calculate the commission earned in a real estate transaction. The chart below describes the formulas used to calculate the commission. Your program will ask the user for the sales price as an double, calculate the commission, and display the sales price and commission. Remember to use constants rather than “magic numbers”. Sales Price Commission Less than $100,000 5% of the sales price $100,000 to $300,000 $5,000 + 10% of the amount of...
Your pay is a combination of basic wage + reward. The Commission is based on the...
Your pay is a combination of basic wage + reward. The Commission is based on the expected return for the company and investors. You are well aware of the pay system because you have built a reputation as an aggressive financial advisor who aims to satisfy everyone at all costs. QUESTION: Discussion and detailed review to cover the ethical considerations in this pay policy. Developing a modern organizational governance system. What recommendation will you make?
As a reviewer for the Ontario Securities Commission, you are in the process of reviewing the...
As a reviewer for the Ontario Securities Commission, you are in the process of reviewing the financial statements of public companies. The following items have come to your attention: 1. A merchandising company overstated its ending inventory two years ago by a material amount. Inventory for all other periods is correctly calculated. 2. An automobile dealer sells for $137,000 an extremely rare 1930 S-type Invicta, which it purchased for $21,000 10 years ago. The Invicta is the only such display...
Problem 6 – For each of the items below provide a brief description of the SIGNIFANCE...
Problem 6 – For each of the items below provide a brief description of the SIGNIFANCE (usefulness/importance). Several sentences for each should be all that you need. a. Identify and a sentence or two reflection for each. The three factors that are used to develop a forecasted required rate of return. b. The significance of the statement of cash flows (don’t just list the three sections) discuss the SIGNIFICANCE (usefulness/importance) c. The Role of Financial Markets
List the three financial statements required to be provided to the Securities and Exchange Commission by...
List the three financial statements required to be provided to the Securities and Exchange Commission by all publicly traded companies.
Q1a. Thomas Fortuna (married; 4 federal withholding allowances) earned weekly gross pay of $765. For each...
Q1a. Thomas Fortuna (married; 4 federal withholding allowances) earned weekly gross pay of $765. For each period, he makes a 401(k) retirement plan contribution of 11% of gross pay. Using wage-bracket method: Federal income tax withholding = $_________________ Q1b. Barbara Houlihan (single; 1 federal withholding allowance) earned daily gross pay of $310. For each period, she makes a 401(k) contribution of 11.5% of gross pay. Using wage-bracket method: Federal income tax withholding = $ ______________ Using percentage method: Federal income...
1: Michael Daugherty (married; 5 federal withholding allowances) earned weekly gross pay of $855. For each...
1: Michael Daugherty (married; 5 federal withholding allowances) earned weekly gross pay of $855. For each period, he makes a 403(b) retirement plan contribution of 12% of gross pay. Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 2: Carol Harrison (single; 0 federal withholding allowance) earned daily gross pay of $220. For each period, she makes a 401(k) contribution of 12.5% of gross pay. Using wage-bracket method: Federal income tax...
For each description below, identify each underlined number as a parameter or statistic. Use appropriate notation...
For each description below, identify each underlined number as a parameter or statistic. Use appropriate notation to describe each number, e.g., p^ = 0.96. A) The National Center for Health Statistics reports that the mean systolic blood pressure for males 35 to 44 years of age is 128 and the standard deviation is 15. The medical director of a large company looks at the medical records of 72 executives in this age group and finds that the mean systolic blood...
Study the information provided below and answer the questions which follow: INFORMATION Shop n Pay is...
Study the information provided below and answer the questions which follow: INFORMATION Shop n Pay is a fast-growing, diversified South African-based retailer dealing in fast moving consumer goods (FMCGs). The recently-appointed operations manager of Shop n Pay, Mr Benedict Msimanga, is currently reviewing all operations management policies of the company and has gathered the following information: A. Internationalisation strategy With the recent conclusion of the African Continental Free Trade Agreement (AfCFTA), the company is in the process of expanding its...
Please respond to each of the essay questions in the spaces provided below. Each question has...
Please respond to each of the essay questions in the spaces provided below. Each question has a table which provides a list of terms that may or may not be applicable to your answer. For those terms that are relevant please incorporate these terms (and others that you feel are relevant) into your answer/response in a context that demonstrates that you understand the term thoroughly. Also, please cross out those terms in the table that you feel do not apply...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT