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 the financial flexibility workforce, Explain the financial flexibil...

Explain the financial flexibility workforce. Financial flexibility can be accomplished by performance associated pay systems for illustration when production staff are paid

Types of process technologies - project, Types of Process Technologies - Pr...

Types of Process Technologies - Project Project technology deals with one of kind products that are tailored to the unique requirements of each customer. A general constructio

Evaluation of the process design, Evaluation of the Process Design On...

Evaluation of the Process Design One of the objectives in designing the process flow is to ensure that goods and services are produced at minimum cost. A major problem confro

Larger quantity purchases, A vendor's gives discounts to entice larger quan...

A vendor's gives discounts to entice larger quantity purchases.  The price breaks are as follows: Order Size    Discount    Unit Price     0 - 40              0%           $30 50

Explain where was the world''s first air raid in 1849, Where was the world'...

Where was the world's first air raid in 1849 from hot air balloons?

Predetermined time standards (pts) - process design, Predetermined Time Sta...

Predetermined Time Standards (PTS) - Process Design This is a work measurement technique whereby times established for basic human motions (classified according to the nature

Explain human resource management process first step, Explain the first ste...

Explain the first step in the Human Resource Management Process. What is the "De-recruitment", and how might it relate to this first step?

Define whether each of the following is sufficiently support, Explain wheth...

Explain whether each of the following is sufficiently supported by consideration to be a contract. Provide examples, laws, or other relevant information to support your answer. Mag

Explain identify an ethical framework that applies, Discuss the legal and e...

Discuss the legal and ethical issues surrounding Solyndra, the California based solar panel manufacturer. Incorporate two to three specific laws or ethical codes that apply to the

Describe how you determine others capabilities, AS leaders assess the capab...

AS leaders assess the capabilities of the team members two questions must be answered to determine how to organize work. 1 can the person do the job? 2 will he/she take responsibil

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