How to calculate Expected Values, MaxiMax and Maximin | ACCA PM / F5 | Question Gam

🚀 Get all my PM Videos here: tinyurl.com/ACCA-PM-Help 🚀 How to quickly calculate Expected Values, MaxiMax and Maximin using the CBE spreadsheet tool. I'll take you through ACCA PM question Gam from the June 2014 exam. This video covers decision making under risk and uncertainty, including expected values, maximax and maximin for ACCA Performance Management (PM / F5) students. Learn spreadsheet and CBE functions, tricks and tips and how to pass the ACCA PM F5 exam.
Here's the question: tinyurl.com/wv46oyk
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Steve Willis ACCA
www.stevewillistraining.com
How to pass ACCA Exams
For more help with ACCA PM Expected Values, MaxiMax and MaxiMin, check out Open Tuition: • Risk and Uncertainty -...

[@SteveWillisACCA]

🎯To get access to all my videos with NO ADS, and to join my WhatsApp Group, click Here: videos.stevewillistraining.com See you in the WhatsApp group!🎯

[@ninetails114]

Hi steve Ive failed PM 3 times all with 44% Im redoing the entire BPP kit again and reviewing your videos for march attempt. I really hope I pass this attempt 🙏🏻

[@SteveWillisACCA]

Fingers crossed for you!

[@conferenceroom910]

Thanks, and God bless you Steve for this explanation.

[@SteveWillisACCA]

You are very welcome

[@asadbekisayev1622]

Really helpuful thank you Steve . Please can you make video about Relevent Costing .

[@SteveWillisACCA]

Hi there, I'm glad the videos are helpful. Please check out question "Telephone Co" in the PM playlist--that covers relevant costing.

[@KalashiFernando]

Hi Sir, your videos are so helpful. Thank you so much :) If possible will you be able to do some videos on performance measurement before the upcoming march exams?

[@SteveWillisACCA]

Yes, in the next week. Also check out Ties Only in the playlist--that one covers performance measurement.

[@KalashiFernando]

Okay Sir. Thanks.

[@SteveWillisACCA]

@@KalashiFernando NP good luck on your exams!

[@jayshreekrishna8086]

Hi sir Your such videos in CBE practice platform are so helpful.. can you suggest any tutor on KZbin for these type of videos of TAX? I cleared FM from you videos .. it was really helpful.

[@SteveWillisACCA]

That's great to hear :) Unfortunately I'm not sure about tax.

[@jayshreekrishna8086]

Okay sir! Thanks

[@SteveWillisACCA]

@@jayshreekrishna8086 Good luck on your exams!

[@arooshib9818]

Hi Steve! In GAM Co, we will not be able to make a payoff table, since all the sales volumes are different. Hence we calculate from profit table itself. Is my understanding correct?

[@SteveWillisACCA]

Hey there, you can definitely do a payout table if you can do a profit table. The Columns can be the 2 prices, the columns the 3 demands, and in the matrix you would put the profits, just like question Cement. make sense?

[@arooshib9818]

I@@SteveWillisACCA Will it not be 6 demands since there are 6 sales volumes?