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Modify the Week Three Java application using NetBeans IDE to meet…….solved

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Modify the Week Three Java application using NetBeans IDE to meet these additional and changed business requirements:
•The application will now compare the total annual compensation of at least two salespersons.
•It will calculate the additional amount of sales that each salesperson must achieve to match or exceed the higher of the two earners.
•The application should ask for the name of each salesperson being compared.

The Java application should also meet these technical requirements:
•The application should have at least one class, in addition to the application’s controlling class.
•The source code must demonstrate the use of Array or ArrayList.
•There should be proper documentation in the source code.

(Feed back from instructor): If it’s less than 80% target, there is no commission, so the sales person just gets his/her base salary. If it’s between 80% and target, the commission is 15%. If it hits target, then the commission is 1.25 x 15% of sales.

Modify the Week Two Java™ application to meet these additional and changed business requirements:
•The company has recently changed its total annual compensation policy to improve sales.
•A salesperson will continue to earn a fixed salary of $50,000. The current sales target for every salesperson is $120,000.
•The sales incentive will only start when 80% of the sales target is met. The current commission is 15% of total sales.
•If a salesperson exceeds the sales target, the commission will increase based on an acceleration factor. The acceleration factor is 1.25. That is,
◦At 80% of $120,000 (target), a sales person earns no commission – just the base salary of $50,000
◦Between 80% and $120,000 (target), a sales person earns 15% commission on top of base salary of $50,000
◦At $120,000 (target) and over, the sales person earns 15% x 1.25 commission on top of base salary of $50,000
•The application should ask the user to enter annual sales, and it should display the total annual compensation.
•The application should also display a table of potential total annual compensation that the salesperson could have earned, in $5000 increments above the salesperson’s annual sales, until it reaches 50% above the salesperson’s annual sales. ◦Sample Table: Assuming a total annual sales of $100,000, the table would look like this:

Total Sales

Total Compensation

100,000

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