December 2006 Exams PCR past paper

System

Please, Can you help? I can't go any further with question 1.2b. Calculation of restriction of stocks to meet production limitation.

I do not understand how they come about the figure for - closing stock of finished stock ? 8)

Lizy

System

Re:December 2006 Exams PCR past paper

I suspect you have looked at the examiner's suggested solution.

Had you had a go before you looked?

In task 1.1 b did you agree that the material requirement was:

Period 1 : 140,208 kg

Period 2 : 113,196 kg

Period 3 : 118,856 kg

Period 4 : 124,800 kg

You have been given the following additional information:
• Due to global demand, the total amount of material available for each period is restricted
to 120,000 kgs.
• The rate of faulty production cannot be improved.
(b) Calculate how the restriction will affect budgeted stock levels and the production
of stock units needed to meet the new forecasts.

Here, my approach differs from the examiner's but only in terms of the sequence
My answer actually puts forward 2 ways to find the reduction in the stock (his is a third only in terms of having the closing stock row in the middle)

I recommend:

Saleable production

less

forecast sales

to identify the surplus or shortage each period, then
add

opening stock

to find the closing stock at the end of each period

If you send me an email with the subject line exactly
Please can I have your answers to the Dec 06 PCR paper?
my out of office will send you my answer by return.

sandy.hood@chichester.ac.uk

System

Re:December 2006 Exams PCR past paper

Thank you Sandy for your help

Lizy

System

Re:December 2006 Exams PCR past paper

Glad it worked

I'll look at how I see the paper going in future exams at my revision days.

Here's a link to one of the postings on the revision courses forum

Gatwick Technician Revision week May 28th to June 1st