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ACCA F5 Limiting Factors Linear Programming Lecture 1 Example 1

VIVA

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  1. iza1: linear programming can be asked in all sections of the exam. I make it clear in the lecture that you cannot be asked now to draw the graph (but you are expected to understand it – for example the exam might have a graph already drawn and ask you to do calculations from it).

  3. sorry sir i have a request that can u plz give some sort of brief explanation for every topic or chapter why we use this, what is the application of these things because when some one asked about the backgroud of something like why we use linear programming then we are speech less i hope you got that what i am talking about and thanks for the lecture it helps me alot.

    • The lectures make it perfectly clear why we need to use each of the techniques. For linear programming, for example, the introductory paragraph (and the lectures) state quite clearly why and when we need to use the technique!

  4. I just finished the video about the Throughput accounting and I wanted to watch lecture about Relevant cost analysis and CVP but I could not find them I have straight forward lecture about limiting factors ..did I miss them some where or they are not on the website? Thanks

  6. Hi John,

    Please let me know how we would be able to assess that we are to apply linear programming, if not suggested in the question (like in this example 1).
    How do we determine that it is not possible to solve the problem using say, through put accounting technique?

    • If you read the first sentence under heading 2 in the lecture notes for this chapter (and as I say as well in the lecture) you will see that if ever there are two or more limited resources then it has to be linear programming – there is no other technique possible.

      If there is only 1 limited resource then it is key factor analysis, which is explained in chapter 5 of the free lectures notes, and the lectures that go with it.

      You only use throughput accounting if the question says to use it, and it will only apply when there is only one limited resource, which will be the time available.

      • Thanks a lot for clarifying.

        Oh, and by the way, I recently passed the F9 exam predominantly by referring your lectures along with the lecture notes. So, a huge THANK YOU!
        I am following the same approach for understanding the concepts for F5. I will look to attempt the questions from a Practice kit as well.

    • Please ask this sort of question in the Ask the Tutor Forum and not as a comment on a lecture.
      You should have enough time to finish studying in time for June (but do leave time to make sure you practice every question in your Revision Kit – question practice is vital to passing the exam),

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