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

Types of manufacturing system & layout, Types of Manufacturing System & Lay...

Types of Manufacturing System & Layout A layout essentially refers to the arranging and grouping of machines which are meant to produce goods. Grouping is done on different li

Explain improving productivity, Explain Improving Productivity. Improv...

Explain Improving Productivity. Improving Productivity: The production essence is creation of goods, may be by the transformation of raw materials or through assembling vario

Assignment problem, Six Operators are to be assigned to five jobs with the ...

Six Operators are to be assigned to five jobs with the cost of assignment in Rs. given in the matrix below. Determine the optimal assignment. Which operator will have no assignment

Strategic service concept and service delivery system, Strategic Service Co...

Strategic Service Concept and Consideration of Service Delivery System Service has been singled out for particular attention. Product differentiation is a relatively visible

Explain avoiding a risk and accepting a risk, Differentiate between avoidin...

Differentiate between avoiding a risk and accepting a risk. Indicate the implications to your project that each might have.

Explain intent or motive behind sexual harassment activities, Should be int...

Should be intent or motive behind Lewiston's conduct be considered when deciding sexual harassment activities? Explain

Explain how do projects drive accountability, How do projects drive "accoun...

How do projects drive "accountability"? Why would managers fear this particular terminology?

What is the objective of the total productive maintenance, What is the obje...

What is the objective of the total productive maintenance? Total productive maintenance (TPM) aims to shorten lead times by making sure production and machine maintenance staff

Role of operation manager in an organisation, Role of Operation Manager in ...

Role of Operation Manager in an Organisation The challenge for operations managers would appear to be complex. In manufacturing, business drivers will be a relentless increase

Describe the advantages of using work sampling, Discuss the advantages of u...

Discuss the advantages of using work sampling to understand how employees allocate their time among work activities.

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