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

Articulate a strategy for disseminating product information, The Swiss phar...

The Swiss pharmaceutical global corporation Hoffman-La Roche has made a major breakthrough in the relief of a serious disabling disease that affects 3 percent of the world's popula

How is the chase demand strategy opposite of level capacity, How is the cha...

How is the chase demand strategy opposite of level capacity? Chase demand strategies: Chase demand strategies are the totally opposite of level capacity in which the orga

Find what is the economic order quantity, The Central Valve Company sells i...

The Central Valve Company sells industrial valves and fluid control devices. One of Central's most popular valves, the Western, has an annual demand of 6,000 units. The price of ea

Regression analysis, advantages of simple regression method for cost estima...

advantages of simple regression method for cost estimation.

Explain the training and explain the method that was used, Traditional lear...

Traditional learning methods include lectures, hands-on, on-the-job training, self-directed learning, apprenticeship, case studies, business games, role plays, behaviour modelling,

Explain skills in areas of general business such as finance, Knowledge and ...

Knowledge and skills in areas of general business such as finance, accounting, marketing, and operations planning relate to _______________________________ competencies

Explain design capacity would be needed to achieve, In a job shop, effectiv...

In a job shop, effective capacity is only 49 percent of design capacity, and actual output is 60 percent of effective output. What design capacity would be needed to achieve an act

General advice must a public relations professional consider, What general ...

What general advice should a public relations professional consider in working with a lawyer?

Derive the demand functions of agent for good, 1. An agent has a utility fu...

1. An agent has a utility function over goods 1 and 2 of the form U = x c 1 x d 2 where c is your individual number and d is your minimum number. The agent's income is equal t

Explain quantitative vs qualitive research methods, What are your thoughts ...

What are your thoughts around quantitative vs qualitive research methods? Can you list pros and cons for each one?

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