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 car rental agency that calculates rental charges, Create a project ...

Create a project for the local car rental agency that calculates rental charges. The agency that calculates $15 per day plus $0.12 per mile. Form: Use text boxes for the customer n

Product interval time, what is product interval time product duration?

what is product interval time product duration?

Explain correct name for the flower the michaelmass daisy, What is the corr...

What is the correct name for the flower the Michaelmass Daisy?

Explain corporate-level strategy of diversification, Why are standards impo...

Why are standards important in many industries? As standards get adapted and become dominant, how does this process influence the competitive nature of the industry? When Walmar

Computer aided layout planning, Computer Aided Layout Planning This me...

Computer Aided Layout Planning This method has 3 steps. They are as follow: Preparation phase, Specification phase and Analysis In the preparation p

Explain concerns for product design in a dfma program, Name and briefly des...

Name and briefly describe the four primary concerns for product design in a DFMA program.

Explain faster operating system for netbooks, Assume you work for a small f...

Assume you work for a small firm that developed a better and faster operating system for netbooks than Microsoft Windows. What strategy might the firm use to unseat Windows in this

Process design in operations managment, when asked to critically discuss ma...

when asked to critically discuss main factors that influence process design within a familiar organisation, does this mean a breakdown of the company''s design process or an analys

What are disadvantages of using single sourcing strategies, What are the di...

What are the disadvantages of using single sourcing strategies? Disadvantages of using single sourcing strategies: a. Could merely one single supplier into the industry

Explain what is the break-even point for this operation, A product is curre...

A product is currently made in a job shop, where fixed costs are $4,500 per year and variable cost is $10 per unit. The firm sells the product for $70 per unit. What is the break-e

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