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:

Maximax

Maximin

Minimax regret

Expected value

With the added twist of perishable stock (must sell or throw away) and imperfect information (weather forecasts), this becomes a perfect PM discussion.