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Management of Working Capital – Miller Orr Model (example 3)
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Thanks John. Great lecture, this has really helped me understand a subject which seemed very confusing in the text book.
sir u great…..thx alot for these lectures
Cant get the cube root to work!! Have noticed someone else had same prob with Casio calc, wil look at again in the morning – great lecture though thanks!!
I was using the wrong button on my calculator!!
I was also using the wrong button until I listened to this lecture! thanks so much!
I was also using the wrong button. Thanks for pointing out the button to use in the lecture John. I was very confused as to why my answers never ever worked.
I am glad it is sorted now
Please assist how do I get access to video lectures? I dont seem to hear anything
check support page for help
Hello, have found all the F9 lectures to be a life-saver- great lecturer
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Please help- I cannot get my calculator to do the Miller-Orr calculation its driving me mad! Isn’t 2000″2 $4,000,000 not $400,000 like is in the answer? Also I get 1.1714, no where near right, I don’t know what I am doing wrong, Many thanks
@chiaramunton, You are correct about the 4,000,000 – that is a typing error in the answer in the course notes. However the final answer of 14,250 is correct.
Are you sure that you are taking the cube root (third root) correctly?
If you say which calculator you have then I will tell you which keys to press (it depends which type of logic your calculator uses).
@johnmoffat, Oh wow thank you John I didn’t expect such a quick reply, Yes having difficulty with calculator so that would be great, not sure about cube roots so no probably not. I have a Casio fx-350es plus. Is the 1st part before rooting 3214285714?
@johnmoffat, or 1.071
@chiaramunton, The answer before the cube root is 1.071 (with lots and lots of zeros! 10^11)
I guess the problem is taking the third root (cube root). Your calculator has Polish logic and so I am not 100% sure.
See if you can get the cubed root of 8. (The answer should be 2).
I think that you enter 8 then the ‘x root n’ key, then 3.
If you can get that to work, then try it on your number (1.071 etc) – you should get 4750 (and then you multiply by 3!)
@johnmoffat, I’ve got it now finally, was v. annoying
) Thanks again you really make topics clear , just starting revision now- was daunted by F9 but it hasn’t been that bad after all mainly due to OT 
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thnx
nice very helpful
The lecture notes are an eye opener and are well developed.
very helpful
very very very very helpful,,, am really getting what the lecture is saying, as in every part of it,,, thank you.
This is so very helpful
videos r not working
the video somehow stops at12:58
The working capital management lecture series were really helpful to me. Thanks for all.