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 type of antennas issues signals with equal strength, Name the type ...

Name the type of antennas issues signals with equal strength and clarity in all directions? a. directional b. bi-directional c. tri-directional d. omni-directional

Who are involve in top management, Who are involve in top management ? T...

Who are involve in top management ? Top management level involves Board of Directors, Chief Executive and General Manager and Managing Directors.

Explain methods for the number of gallons of gasoline, Following are two we...

Following are two weekly forecasts made by two different methods for the number of gallons of gasoline, in thousands, demanded at a local gasoline station. Also shown are actual de

Global operations management, what are the key issues to be considered when...

what are the key issues to be considered when managing global management operations

Explain fatigue and delay, a. You are chartered to set a time standard for ...

a. You are chartered to set a time standard for a worker assembling 96 piece jigsaw puzzles. The following times have been collected from five different operators with one observat

Describe potential key changes in the external environment, Discuss potenti...

Discuss potential key changes in the external environment, specifically competition and technology including communications that Sigma will face in the future. Which will have the

Explain developed mrp planning schedule, Product A is and end item and is m...

Product A is and end item and is made from 2 units of B and four of C. B is made of 3 units of D and two of E. C is made of two units of F and two of E. A has a lead time of 1 week

Compute quantity is a fractional amount, The Bluegrass Distillery produces ...

The Bluegrass Distillery produces custom-blended whiskey. A particular blend consists of rye and bourbon whiskey. The company has received an order for a minimum of 400 gallons o

Find the slope as well the intercept of the trend equation, Demand for a su...

Demand for a surgical procedure at St. Elsewhere Hospital has increased steadily over the past few years: Year 1 2 3 4 5 Heart Transplants 45 50 52 56 61 Use the

Explain areas of internal systems and technology, Given that the question o...

Given that the question of open and closed systems is more of a continuum than a yes/no question, do you believe that more closed systems are better able to assess and improve thei

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