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 what is the stocks required rate of return, GD inc has preferred st...

GD inc has preferred stock outstanding that pays a dividend of $5 at the end of each year. The preferred sells for $50 a share. What is the stocks required rate of return? Show wor

Explain non-web-based international expansion strategies, Why is it that sm...

Why is it that small businesses are at a disadvantage as they pursue non-Web-based international expansion strategies?

Explain what is the firm''s code of conduct, Governance mechanisms are cons...

Governance mechanisms are considered to be effective if they meet the needs of all stakeholders, including shareholders. Governance mechanisms are also an important way to ensure t

Explain matching supply with demand by cachon/terwiesch, From "Matching Sup...

From "Matching Supply with Demand" - Cachon/Terwiesch (Highway) While driving home for the holidays, you can't seem to get Little's Law out of your mind. You note that your aver

Explain exploitation of the potential of a new technology, What are the thr...

What are the three trends that require managers to adopt a global perspective to exploit the potential of a new technology?

Explain equality of means of multiple populations, Which of the following t...

Which of the following tools is most useful for viewing the the equality of means of multiple populations? Affinity diagram Cause-and-effect diagram ANOVA Fishbone diag

Ventilation, a. To cater for adequate supply of oxygen or air required for...

a. To cater for adequate supply of oxygen or air required for respiration. b. To provide thermal comfort b maintaining adequate heat balance of the body. c. To get r

Explain which goal is likely to lead to the best performance, if the averag...

if the average worker can produce 15 widget an a hour/which goal is likely to lead to the best performance/1.10/2 15/3.

Explain negotiated union contract allows workers, A recently negotiated uni...

A recently negotiated union contract allows workers in a shipping department 21 minutes for rest, 12 minutes for personal time, and 15 minutes for delays for each four hours worked

Contents of an operations strategy , Contents of an Operations Strategy  ...

Contents of an Operations Strategy  The contents of an operations strategy is the policies, plans, performance targets which the organisation wishes to achieve. To determine

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