QUICK & EASY exam technique for MaxiMax, MaxiMin & Minimax Regret | ACCA CBE PM | Question Shifters

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Steve Willis ACCA
How to pass ACCA Exams

For more on this on ACCA PM Make-or-Buy, check out Open Tuition:

Table of Contents:
00:00 - Introduction
01:23 - Getting started with a template
02:56 - Setting up the P/L
05:28 - Using the helpful Min function
07:21 - Dealing with conditional costs
10:07 - How to find MaxiMax
11:45 - How to make payout table

[chaudhary]

Thankyou so so much for making this video for us. really it's very helpful to understand payout table regret table as well as simple and fast method to calculate profit for all 6 numbers❤️❤️❤️❤️ Appreciate your help❤

[manzanongwenya]

Please may you help me with a video on Operational and Planning variances, i just need this before the exam on Wednesday. Your videos are so helpful, thank you

[sharath_bhs]

for VC. we are using min formula but in previous Q we went with prod units. should we use min formula in that Q too?

[Ananthu-rbig]

Hi Sir.Can you please tell me the why Variable cost in shifters haulage&cement co calculated in a different way?

[vivica]

Why do we choose the maximin and maximax based on demand? Why not based on Van capacity?

[tuitionaire]

Please how did you get the 48, 48 and 76? Also, why did you use -100 on the other column (i.e the column for when demand is higher than capacity)?

[Ananthu-rbig]

Hi Steve.Can you please give me an idea about the question "TICKET AGENT"(QT NO:296 OF KAPLAN)

[susannabbanja]

More clarity on the variable cost value, i thought it will be calculated on the van capacity and also for capacity being greater than demand, i will be 90% on the variable cost since in the question states that if the capacity
of the van is greater than the demand for crates in a period then the variable cost will be lower by 10%. thank you