PM*** F5 December 2013 Exam was.. Post your comments ***

1000 was minimum and so there were space of 325something.... but FULL for large panel.

MFC but it also said that the machine utilised 90%. Hmmm How about variances were they all Fav?

What about learning curve?? Didn't get the question at all.. was the requirement asking to calculate in batches for every month?? If it is then were there 8 batches ?

Yep, I've more than likely got it wrong but just saying what I did.

Wasnt the 90 pc info more relevant to the second part of the question. Ie ways to increase production capacity by raising this percentage above 90%

I did 200 x 16^learning curve x 16 and gave me something like 23000.00 oh and multiplied that with standard cost.

Yes I did the same @clevergirl

yes Alex to part b for maximum output and profit.

i didn't do too well on the variances, but pretty sure they weren't all favourable. the standard cost per unit was $5 and they paid $5.80 against a market value of $6 - so I had adverse planning, favourable operational for this

For the learnin curv question I got the time taken per batch for the last 2 months as something like 139odd. Then the labour cost for last month was just 8 x 139 x 12. Anyone agree?

Sarah, I hope we are right!!! Please could anyone confirm all the variances, mine were all F :o)

What was 16?? Were they batches. Learn curve was for 4 months out of 5. 1st and 2nd month had 1' 1 batch then 2 batches in 3rd and in 4th there 4 batches. 200 *(8 )~ am I right??

What was 16?? Were they batches. Learn curve was for 4 months out of 5. 1st and 2nd month had 1' 1 batch then 2 batches in 3rd and in 4th there 4 batches. 200 *(8 )~ am I right??

Oh MFC I am probably wrong then. I did get A but then ended up changing to F because revised was 6 and actual was 5.80 and standard was 5!

Mine were mix. As a whole adverse

could you please confirm me do we need to access performance of division c?

What about total resource ?? Was it total hours * resource per hour??

No it was mentioned in question only division S!

sarah what about ratio of division c?

i only commented that staff costs were much higher than div C, even though they employed less people but that it could be explained by the high demand for skilled workers in country S

The paper was fair enough !

umerazizch123 I got 1800 and 30 as well but I don't think that was right as you had to take account of the fact they had promised 1000 units of the smaller panels I think?? Maybe not but it just dawned on me at the end.

A hard paper I think. Ended up with 13.8 and 9.9 for TA ratios. Don't think they were right as I messed up the question by running over on questions 1! Learning curve - does anyone know if you could use the forumla or the tabular approach as the volume was doubling? Not enough time for me on that paper. June 2013 was a LOT easier.

So they will consider it all wrong????? Or we r going get some marks ????

You may get 1 or 2 carry over marks, nothing more. Oh well

Q1 : The first two products should go for further processing and the third one shouldn't Q2: Throughput accounting : Large scale = 0.97 TPAR Small Scale = 1.6 TPAR Total bottleneck hours were 2700 12hoursx5daysx50weeks= 3000 x90% time for machine M = 2700 Through Units for small scale should be 1000 x0.6 per unit = 600 bottleneck hours 2700-600 = 2100/1.6hr = 1500 units of large scale Q3 Learning curve for last month should be 112x8batchesx12$ Q4 Easy Q5 Bedsheets Standard price : 5$ Actual price : 5.8$ RSP : 5x1.1 = 6 RSQ : Same as budgeted Pillows RSQ = 0.55m2 per unit Planning variance was adverse Operational variance was favorable I attempted all the questions ! just messed up a little here and there in theory part .... i am expecting -10 marks in theory because i didn't write much in theory of Q4 and Q5. Overall i am certain i will pass.

Hey all, First Fundamental paper I have done, I though the questions were ok, a bit of a faff on some, and actually ran out of time on the last question :/ Q1 Further processing, I think only the last was not worthwhile Product S/SX on memory Q2 was TPAR, got 1.1 and 1.48, max demand and mix i did based on 2700 hours because of the bottleneck, although I can't remember if this was part b or c Q3 was Learning curve, but a bit off a faff if I've done it right, I did the learning curve for 2 batches, then 4, then 8, then the difference between 8 and 7 for November. The question did labour cost per month, so I would suspect you would need to do the learning curve cumitively and minus the difference from each month. Q4 Financial performance, which in mycase I did % increase or decrease and commented why they (all) increased Q5 on Operation and Planning Variance, initially fluffed up, can't remember the figures as i was rishing, i think the usage was 10000 and 6000 ish figures, cant remember for price at all. I think I've passed, but we shall see

Hey Guys, tough but O.K paper. I would like to ask, do we have to use only black pen in even answering the questions? I thought black pen is for the name, and center code and the fillings on the cover page of the answer booklet. I used blue pen last June but this time, we were told to only use black in everything at my center.

hello! Guys, how do you get TPAR more 1??? I get the both one is less than 1 ((( and i really dont understand what's wrong - for example for the large panels (the first product) material price was about 4200$ per unit and machine M time for the product was about 1.6 per unit, therefore Return per factory hours was 2625 (approximately, i don't remember the precise numbers). Cost per factory hours was 12000000/(5x12x50)=4000 So, the TPAR=3000/4000=0,75 And for the second product the TPAR was lower than for the first one. Even if i'll use coefficient of 0,9 to define time of machine M available, the TPAR will be less than 1 Where was i wrong??

wasty, as i understand we need to use black pen for the cover and it's better to use it for the answers too. For the first time i used the blue but examinator told us that it's better to use black pen inside question paper too. today i've used the only black