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 if overachievement is acceptable, If overachievement is acceptable,...

If overachievement is acceptable, the appropriate di+ variable can be dropped from the objective function.

Changes in employment by sector - operations function, (1) Firstly, conside...

(1) Firstly, consider the changes in employment by sector over the period charted in the figure (1850 - 2000). What factors do you think contributed to the reduction in employment

Depict an activity on arrow network, Project involves 12 activities and the...

Project involves 12 activities and the precedence relationship is provided below in brackets. (1) Draw an activity on arrow network to represent the project tasks and their depende

Explain analyze and evaluate the issues identified, Google's strategy 2010:...

Google's strategy 2010: identify the issues management needs to address. Analyze and evaluate the issues identified based on the information provided in the case. Recommend a set o

Explain basic concepts of construction management, How does the transformat...

How does the transformation process apply to the field of construction management, and how you might apply the basic concepts?

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

Do research on maslow need hierarchy suggest, research on Maslow need hiera...

research on Maslow need hierarchy suggest which of the following statement to be true/ 1.high and lower needs equal important as individuals move up the corporate/2. high and lower

#title, Ask question #Mi.. Explain how the consideration of environmental a...

Ask question #Mi.. Explain how the consideration of environmental assesments AND ORGANISATION position provide a modeling framework for strategic planning of operations.

Operations function in an organisation - method study, Operations Function ...

Operations Function in an Organisation - Method Study  A procedure that has stood the test of time in the study of work entails six steps (often referred to by the acronym, SR

How to designing the marketing strategy, In designing the "marketing strate...

In designing the "marketing strategy" for your own business, how might you use "segmentation variables" to help you identify your "target market"?

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