Math and Science Solutions for Businesses/Commission structure

Advertisement


Question
If you have a team of outbound agents and you have three weeks of sales data how would you calculate a commission structure?

Answer
There are different types of commission structures (straight commision, salary plus commision, etc.), so you will need to specify which one you are interested in. On the other hand, I get the impression that you want to use the 3 weeks of sales data to apply different commission rates to different salespeople. Is that true? Please provide more information.

Randy

Math and Science Solutions for Businesses

All Answers


Answers by Expert:


Ask Experts

Volunteer


Randy Patton

Expertise

Questions regarding application of mathematical techniques and knowledge of physics and engineering principles to product and services design, optimization, prediction, feasibility and implementation. Examples include sales and product performance projections based on math/physics models in addition to standard regression; practical and cost effective sensor design and component configuration; optimal resource allocation using common tools (eg., MS Office); advanced data analysis techniques and implementation; simulation and "what if" analysis; and innovative applications of remote sensing.

Experience

26 years as professional physical scientist and project manager for elite research company providing academic quality basic and applied research for government and defense industry clients (currently retired). Projects I have been involved in include: - Notional sensor performance predictions for detecting underwater phenomena - Designing and testing guidance algorithms for multi-component system - Statistical analysis of ship tracking data and development of anomaly detector - Deployed vibration sensors in Arctic ice floes; analysis of data - Developed and tested ocean optical instrument to measure particles - Field testing of protoype sonar system - Analysis of synthetic aperture radar system data for ocean surface measurements - Redesigned dust shelters for greeters at Burning Man Festival Project management with responsibility for allocation and monitoriing of staff and equipment resources.

Publications
“A Numerical Model for Low-Frequency Equatorial Dynamics” (with Mark A. Cane), J. of Phys. Oceanogr., 14, No. 12, pp. 18531863, December 1984.

Education/Credentials
MIT, MS Physical Oceanography, 1981 UC Berkeley, BS Applied Math, 1976

Past/Present Clients
Am also an Expert in Advanced Math and Oceanography

©2016 About.com. All rights reserved.