Optimization Approach to Constrained Break Even Points with Respect to Price
Enkhbat Rentsen,
Battuvshin Chuluundorj,
Tungalag Natsagdorj
Abstract:Break even and profitability analysis is a classical and widely used topic in business analysis. Break-Even Point or point of equilibrium is the point of sales volume making neither a profit nor a loss. It is a valuable number to know. Traditional break-even analysis is used to determine how much sales volume your business needs to start making a profit. In this paper, we extend the classical break-even point concept by introducing a new notion of constrained break-even points with respect to prices. In this c… Show more
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