EPISODE · Apr 26, 2026 · 14 MIN
Ice Creams and Risk & Uncertainty
from 'PERFPOD' and 'PM in the PM' · host Richard Guyver - Performance Management Tutor
Sun’s out… ice cream vans are back… but how does an ice cream seller decide how much to make?In this episode of PM in the PM, we break down a classic ACCA Performance Management scenario using a simple, real-world example:MaximaxMaximinMinimax regretExpected valueWith the added twist of perishable stock (must sell or throw away) and imperfect information (weather forecasts), this becomes a perfect PM discussion.
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Ice Creams and Risk & Uncertainty
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