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uncertainty

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › uncertainty

  • This topic has 2 replies, 3 voices, and was last updated 14 years ago by jurga.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • November 27, 2011 at 4:16 pm #50731
    luck2009
    Member
    • Topics: 13
    • Replies: 10
    • ☆

    The revision Q:
    Sales per week
    10 20 30
    probability
    0.3 0.5 0.2
    selling price
    $20 pu
    cost
    $10pu
    Any unsold unit will scrap for $1pu, the co can contract ourchase 10,20 or 30 unit each week.

    how many unit should contract for?

    a. expected values b. maximax c. maximin d minmax regret

    Anyone can do this question?

    November 27, 2011 at 4:52 pm #90266
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54835
    • ☆☆☆☆☆

    Have you worked through the example in the Course Notes (and the lecture that goes with it)? It is very similar.

    December 1, 2011 at 6:56 pm #90267
    jurga
    Member
    • Topics: 2
    • Replies: 6
    • ☆

    hi , on the example 1 in practise question , how do you get contibution per client day and total contributin per year?

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    Posts
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