Explain break even analysis, Operation Management

Assignment Help:

Explain Break Even Analysis.

Break Even Analysis: This Analysis implies that at several points in the operations, total revenue equivalent total cost. This analysis is concerned with finding the point at which costs and revenues agree exactly - therefore the term 'Break even point'. The given figure portrays the Break Even Chart.

2044_Break Even Analysis.png

Breakeven point is the volume of output at that neither a loss is made nor a profit is incurred. This analysis can be carried out graphically or algebraically as given in the above diagram.


Related Discussions:- Explain break even analysis

Explain why do some people gravitate toward management jobs, Why do some pe...

Why do some people gravitate toward management jobs as opposed to technical, labour jobs etc.?

#titCAREING FOR TODDLERle.., HOW TO CARE FOR A TODDLERn #Minimum 100 words ...

HOW TO CARE FOR A TODDLERn #Minimum 100 words accepted#

Explain attack advertising, In 2007, the Cartoon Network was fined for publ...

In 2007, the Cartoon Network was fined for public disruption of the Bostonian transportation system while using a new form of public relations called: Answer > Guerilla advertising

Why competitive priorities are important, Androsia manufactures batik fabri...

Androsia manufactures batik fabrics in a labor intensive, low-volume process on the island of Andros. The Hershey tour shows how cocoa beans are processed into chocolate using a hi

Compounded annually means, What is the present value of $10000 to be receiv...

What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually ?

Explain product-by-value analysis, Prepare a product-by-value analysis for ...

Prepare a product-by-value analysis for the following products, and given the position in its life cycle, identify the issues likely to confront the operations manager, and his or

What are the common barriers to team progress, Question 1: W. E. Deming...

Question 1: W. E. Deming is credited with providing the foundation of Japanese Quality and resurgence as an economic power. Deming is the best known quality expert in the worl

Explain what are personality traits, 1. What are personality traits? Define...

1. What are personality traits? Define and discuss the Big Five personality traits. Define and discuss other personality traits that affect managerial behaviour. 2. Explain Rike

Where is performance appraisal help, Where is Performance Appraisal help? ...

Where is Performance Appraisal help? Performance Appraisal assists in operational decision making in personnel management gives clues to management for effecting improvements i

Hospitality industry , Can I have a process strategy matrix , which has 5...

Can I have a process strategy matrix , which has 5 key performance objectives, people processes, technology and information in one of the accor chain hotel?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd