subject of cost-volume profit analysis under uncertainty has had extensive literature collected in recent years even though the topic has been ignored in most textbooks. In many cases‚ entire chapters are devoted to cost-volume profit analysis but they ignore the possibility that one or more parameters of the problem are completely random and therefore the future values are unknown at the time the decision is made. The reluctance of textbook authors to discuss stochastic CVP models can be attributed
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V-C-P Analysis 1 BEP (units) BEP (amount) BEP (amount) P/V ratio TOTAL FIXED COSTS SP per unit - VC per unit 2 BEP (units) x SP per unit TOTAL FIXED COST P/V ratio CONTRIBUTION per unit SP per unit Variable cost per unit SP per unit ASR - BESR 3 4 5 V/V ratio MARGIN of SAFETY MS (Amount) MARGIN of SAFETY MS (Units) MS ratio or % PROFIT PROFIT Sales Revenue for desired Op Profit 6 Units actually sold - BEP (units) 7 8 9 10 MARGIN OF SAFETY ASR (Actual sales revenue) MS (amount) x P/V ratio
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services. Bearing the name of its founder‚ Michael Dell‚ the company is one of the largest technological corporations in the world‚ employing more than 103‚300 people worldwide. Dell is listed at number 41 in the Fortune 500 list. Dell has grown by both increasing its customer base and through acquisitions since its inception; notable mergers and acquisitions including Alienware (2006) and Perot Systems (2009). As of 2009‚ the company sold personal computers‚ servers‚ data storage devices‚ network
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Cost – Volume – Profit or also known as CVP is an analysis method of cost accounting. It is use in managerial economic. CVP is the study of the effects of changes in cost and volume on a company’s profits. It is a method of analysing the relationship between changes in output and changes in total sales revenues‚ expenses and net profit. QUESTION 1 (a) How do managers use CVP analysis to make decisions? Describe at least FIVE (5) uses of CVP analysis. Managers are concern about the impact of their
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want to gain a competitive advantage. This paper will explain how ICT implementation in conjunction with the definitions above can help providers in child care related fields gain new competitive advantages in child care. The value – added service will add a competitive advantage‚ the use of “informational systems” helps to update and analyze information for the organization and how innovations keep a “competitive
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How is Research used in Psychology? * Research in Psychology as in all fields of science has two focuses of interest. * Basic Research = is concern with the quest for knowledge regardless of whether it has immediate practical value. * Applied Research = seeks to improve the human condition by discovering something that can be put to practical used. * When the scientist work‚ strive to find relationships between observable variables. For example‚ Robert Boyle found a direct relationship
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Buying a used car is not an easy decision. There are many places to buy a used vehicle today. A few examples would be a reputable car dealership‚ a certified pre-owned lot‚ an online ad‚ or a private individual like craigslist. You have many options to choose from‚ but some options are better than others. There are many vehicles that have been in accidents‚ are not regularly maintained‚ or have a rolled back mileage gauge. Three things that you can do to avoid choosing the wrong car are finding out
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for connections to be used‚ and rules for handling both routing and special cases of traffic. Configuration tables will vary in the number of lines depending on how big the capability of the router is. (McGraw)Data transmitted over the Internet‚ travels over the system of the packet-switching network. This system breaks down data and information files into packages of about 1500 bytes. The data package carries the sender ’s IP address‚ the receivers IP address‚ information on how many packets the data
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spoken language used in working environment‚ my job as a QS‚ spoken word different in different settings eg‚ HQ or construction site‚ professional language * use of jargon‚ three letter acronyms‚ unique to an office eg‚ CVR’s etc‚ technical language‚ used frequently‚ humorous re new employees‚ don’t have a clue what is being said * buzz words‚ mention text speaking‚ professional buzz words made fun of – Bull Bingo‚ explain game and give eg‚ can download a bingo card‚ used in boring meetings
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How Deductive Reasoning Is Used Jennifer Galloway CRT/205 September 25‚ 2012 Dr. Shauna Fitzjarrell It is important to understand what is known prior to making a decision‚ simply because you have a broader insight of the situation in question. Not only are you well informed you have first-hand knowledge and evidence that is necessary for proving your argument. In argument one Trainer or Cleaner this situation is a clear case of contradictory
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