- This topic has 10 replies, 7 voices, and was last updated 6 years ago by latoamericano.
- March 25, 2014 at 2:59 pm #163024NEENA
I want to know is there any discussion group for p5 june 2014.If not plz do create one for this session.March 25, 2014 at 4:19 pm #163028liltee
Thank you for asking about my admin review (I tried replying on the other forum & I could not see the reply option and my mark still stands. I decided to move on and accept the situation. Now I am working hard to improve areas of weaknesses. How are you getting on? This is my last paper and desperately want to pass.March 26, 2014 at 5:47 am #163108NEENA
I working on passing it this as this is the only paper iam left with.I really donot know whats making me fail this paper when i managed to pass rest 13 in first attempt any ways.iam also revising few topics of f5 by listening to few open tuition of f5.March 28, 2014 at 9:47 am #163437rajeshkrp111
Is it necessary to revise f5 for p5 exam? if yes then which are the core topic should i cover for the june exam.March 28, 2014 at 4:58 pm #163504NEENA
@rajeshkrp111 ITS NOT NECESSARY BUT IT WOULD HELP U IF U REFRESH UR KNOWLEDGE AND IF U HAVE TIME FOR IT.March 28, 2014 at 5:02 pm #163505NEENA
THE LECTURES OF OPENTUTION I HAVE LISTENED TO AND PLAN TO LISTEN ARE CH#1,CH#2,CH#6,CH#10,CH#12,CH#14,CH#15 TO CH#19.April 20, 2014 at 2:58 pm #165735NEENA
@rajeshkrp111 JUST WANTED TO TELL U THAT F5 LECTURES ARE WORKING FOR ME SO STOPPED LISTENING TO THEM.April 23, 2014 at 12:08 pm #165977rsoobarah
I wish to join the group as it is also my last paper . Can anyone please solve this question , more specifically parts (c) and (d).
Stow Health Centre specialises in the provisions of sports/exercise and medical/dietary advice to clients. The service is provided on a residential basis and clients stay for whatever number of days suits their needs.
Budgeted estimates for the year ending 30 June 1999 are as follows:
(i) The maximum capacity of the centre is 50 clients per day for 350 days in the year.
(ii) Clients will be invoiced at a fee per day. The budgeted occupancy level will vary with the client fee level per day and is estimated at different percentages of maximum Capacity as follows:
Client fee percentage of
per day Occupancy level, maximum capacity
$180 High 90%
$200 Most likely 75%
220 Low 60%
(iii)Variable costs are aIso estimated at one of three levels
per client day. The high most likely and low levels per client
day are $95, $85 and $70 respectively.
The range of cost levels reflect only the possible effect of the purchase prices of goods and services.
(a) Prepare a summary which shows the budgeted contribution
earned by Stow Healih Centre for the year ended 30 June 1999
for each of nine possible outcomes (6marks)
(b) State the client fee strategy for the year to 30 June 1999 which will result from the use of each of the following decision rules:
(i) maximax; (ii) maxumln: (iii) minimax regret.
Your answer should explain the basis of operation of each rule.
Use the information from your answer to (a) as relevant and
Show any additional working calculations as necessary.(9marks)
(c) The probabilities of variable cost levels occurring at the high, most likely and low levels provided in the question are estimated as 0.1, O.6 and 0.3 respectively.
Using the information available, determine the client fee Strategy which will be chosen where maximisation of expected value of contribution is used as the decision basis. (5 marks)
(d) The calculations in (a) to (c) concern contribution levels which may occur given the existing budget.
Stow Health Centre has also budget for fixed costs of $ 1,200,000 for the year t o 30 June 1999
Discuss ways in which Stow Health Centre may instigate changes, in ways other than through client fee rate, whichmay influence client demand, cost levels and profit.
Your answer should include comment on the existing budget and should incorporate illustrations which, relate to each four additional performance measurement areas appropriate to the changes you discuss. (15 marks)May 6, 2014 at 11:59 am #167622rockerz
my also last pap i also want to join ths groupMay 9, 2014 at 1:41 pm #168106clairr
available on whatassp for advice , tips and anything to help us pass P5. my number is +256772668866May 16, 2014 at 11:06 am #169024latoamericano
Hi, this is also my last paper and do not where to start from. If you can advise if the group has been setup would like to join.
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