Incentive Calculation with few Condition [Solved/Closed]

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- - Latest reply: YeohSeow
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- May 3, 2010 at 06:50 AM
Hi,

I need help...

each month I need to calculate the incentive. manual calculation is wasting my time.

i know excel can do it, but I am not expert... I looking for some one to help me..

Entitlement of Incentive base on below condition,
1.condition 1-Model A, B, C, D - at less 2 units.
2.condition 2-Model E, F, G, H, I - at less 2 units
3.condition 3-Total Units with minimum 8 to 11 entitle for 1000 & above 12 units 1500

if minimun of total units not archive no incentive were given.

hope some one can give me a help.

Thank you
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Thank you
This is the best I could make out

1. at least one value in column A, B, C  and D needs to be >= 2
2. at least one value in column E, F, G, H, and I needs to be >= 2
3. If both above conditions (1 and 2) are true and: 
          a. value in K is between 8-11, then incentive is 1000
          b. value in K is greater or equal to 12, then incentive is 1500

if condition 1, 2 or 3 is not true then incentive is 0

If that is correct then use this formula (this is for row 7)

=IF(AND(OR(A7>=2, B7>=2,C7>=2,D7>=2), OR(E7>=2,F7>=2, G7>=2,H7>=2,I7>=2)),IF(AND(K7>=8,K7<=11),1000,IF(K7>=12,1500,0)),0) 

Thank you, rizvisa1 4

A few words of thanks would be greatly appreciated. Add comment

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YeohSeow
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Dear Friend,

i just updated the file, here the link :http://www.speedyshare.com/files/22232906/Sample_1.xls

refer to O22, the answer become o, it should be 1000, how to solve it.

Thanks
rizvisa1
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The formula I gave you will work How ever now I notice that you have added J column too, in that case

=IF(AND(OR(A7>=2, B7>=2,C7>=2,D7>=2), OR(E7>=2,F7>=2, G7>=2,H7>=2,I7>=2, J7>=2)),IF(AND(K7>=8,K7<=11),1000,IF(K7>=12,1500,0)),0)
YeohSeow
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but it not work for O22. any idea on it.

thanks
rizvisa1
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what O22 ? It works for all the rows that you had in sample. 022 is blank in the book that you provided
YeohSeow
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my mistake... you are right... thanks for your help. may I know how you master your excel skill?
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Thank you
It seems that you need to use IF statements. Unfortunately I am not able to understand your conditions etc. But the basic idea would be

=IF(AND(OR(A1="model a",A1="model b",A1="model c",A1="model d"),B1<2),59, IF(AND(OR(A1="model e",A1="model f",A1="model g",A1="model h",A1="model i"),B1<2), 60, IF( AND(C1>=8, C1<=11), 1000, IF(C1>12, 1500,0) )))

Could you please upload a sample file with sample data etc on some shared site like http://www.speedyshare.com/ and post back here the link to allow better understanding of how it is now and how you foresee.
YeohSeow
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rizvisa1
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Now based on the data could you explain what you are looking for. I am still lost at your conditions. Incentive can occur based on any of the three, or all three has to be true etc. If you could show by example what you seek, it would help in understanding your issue
YeohSeow
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Dear Friend,

Latest link as below http://www.speedyshare.com/files/22232669/Sample_1.xls

Condition 1: must archieve minimum 2 units
Condition 2: must archieve minimum 2 units
Condition 3: Total Units with minimum 8 to 11 units entitle for 1000 & above 12 units 1500

More detail kindly refer to the file.