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

Describe methods to diagnose employee stress, Discuss methods to diagnose e...

Discuss methods to diagnose employee stress and the specific OD (organizational development practitioner) interventions aimed at alleviating it in the workplace.

Explain what sales would you predict for the first quarter, The following t...

The following table shows a tool and die company's quarterly sales for the current year. What sales would you predict for the first quarter of next year? Quarter relatives are SR1=

Corporate strategies- operation strategy, Corporate Strategies- Operation S...

Corporate Strategies- Operation Strategy Often it is not obvious to participants that an organisation has a corporate strategy. Consider this illustration. A visitor to a Poly

Explain when developing your communication strategy, Why should you conside...

Why should you consider the context of your message when developing your communication strategy? Identify four questions you should ask yourself to help you understand the context

Describe what is the average time a car is in the system, Automobiles arriv...

Automobiles arrive at the drive-through window at the downtown Urbana, Illinois, post office at the rate of 4 every 10 minutes. The average service time is 2 minutes. The Poisson d

Explain equality of means of multiple populations, Which of the following t...

Which of the following tools is most useful for viewing the the equality of means of multiple populations? Affinity diagram Cause-and-effect diagram ANOVA Fishbone diag

Explain what is an interim plan, Answer the following questions: 1) ...

Answer the following questions: 1) What is the difference between a task dependency and a task constraint? 2) Give a real-world situation when you might used the foll

Describe what would the roe on the investment, Dilution In the previous pro...

Dilution In the previous problem, what would the ROE on the investment have to be if we wanted the price after the offering to be $73 per share (assume the PE ratio still remains c

Production planning and control - definition, Production Planning and Contr...

Production Planning and Control - Definition According to Alford  and Beatty " Production planning  and control  comprise  the planning  routing  scheduling  dispatching  an

Process capability - statistical process control, Process Capability - Stat...

Process Capability - Statistical Process Control The controls charts described so far are concerned with maintaining the stability of a process, but they offer no comment on

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