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Limiting Factors – how to find the optimum point

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › Limiting Factors – how to find the optimum point

  • This topic has 5 replies, 2 voices, and was last updated 5 years ago by AvatarJohn Moffat.
Viewing 6 posts - 1 through 6 (of 6 total)
  • Author
    Posts
  • December 13, 2020 at 12:04 pm #599808
    AvatarLiyaJaison
    Participant
    • Topics: 4
    • Replies: 5
    • ☆

    Sir, I can’t understand how to find the optimum point.
    It can be point A too right??
    Question from chapter Limiting Factors Lecture.

    I have also asked the question in comments of that lecture. Kindly ignore.?

    December 13, 2020 at 4:14 pm #599834
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    We find the optimum point by moving out the contibution line, keeping it parallel, until the furthest corner away from the origin.

    Alternatively check out the total contribution at point A and you will find that it is lower than at point B, so the mix at point B is the optimum.

    December 13, 2020 at 6:13 pm #599843
    AvatarLiyaJaison
    Participant
    • Topics: 4
    • Replies: 5
    • ☆

    Okay Sir. So in exam I just need to do calculation of the point I find as optimum?
    Or should I try others to just to be sure? (If two points look almost similar to optimum, won’t be able to find out with a ruler, right?)

    December 14, 2020 at 7:54 am #599875
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    Yes – if they do look to be very similar (which would be unusual in the exam ) then you need to check both.

    December 14, 2020 at 9:24 am #599885
    AvatarLiyaJaison
    Participant
    • Topics: 4
    • Replies: 5
    • ☆

    Okay Sir!! Thank you for the reply!!

    December 14, 2020 at 1:04 pm #599901
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54838
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 6 posts - 1 through 6 (of 6 total)
  • The topic ‘Limiting Factors – how to find the optimum point’ is closed to new replies.

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