Quiz 1: Break Even
The Retread Tire Company recaps tires. The fixed annual cost of the recapping operation is $60,000. The variable cost of recapping a tire is $9. The company charges $25 to recap a tire. ●
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For an annual volume of 12,000 tires, determine the total cost, total revenue, and profit. Determine the annual break-even volume for the Retread Tire Company operation.
Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.15. Evergreen sells the fertilizer for $0.40 per pound. Determine the monthly break-even volume for the company. Taylor, B. W., 2009, Introduction to Management Science
Quiz 1: Break Even
Annie McCoy, a student at Tech, plans to open a hot dog stand inside Tech's football stadium during home games. There are seven home games scheduled for the upcoming season. She must pay the Tech athletic department a vendor's fee of $3,000 for the season. Her stand and other equipment will cost her $4,500 for the season. She estimates that each hot dog she sells will cost her $0.35. She has talked to friends at other universities who sell hot dogs at games. Based on their information and the athletic department's forecast that each game will sell out, she anticipates that she will sell approximately 2,000 hot dogs during each game. ●
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What price should she charge for a hot dog in order to break even? What factors might occur during the season that would alter the volume sold and thus the break-even price Annie might charge? What price would you suggest that Annie charge for a hot dog to provide her with a reasonable profit while remaining competitive with other food vendors? Taylor, B. W., 2009, Introduction to Management Science
Computer Solution
Siapkan cell untuk: ●
Fixed cost
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Variable cost
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Price
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Volume
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Total cost
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Total revenue
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Break even Taylor, B. W., 2009, Introduction to Management Science
Computer Solution
Total cost tc = cf + vcv
Total revenue Z = vp – (cf + vcv)
Break even v = cf / (p – cv)
Taylor, B. W., 2009, Introduction to Management Science
Tambahan soal
If the maximum operating capacity of Evergreen Fertilizer Company is 120,000 pounds of fertilizer per month, determine the break-even volume as a percentage of capacity. If the maximum operating capacity of Evergreen Fertilizer Company is 120,000 pounds of fertilizer per month, determine the break-even volume as a percentage of capacity.
Taylor, B. W., 2009, Introduction to Management Science
Introduction to Management Science: Analisis Sensitivitas
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas
Mempelajari perubahan pada model sains manajemen Pada perumusan model, diasumsikan parameter-parameternya (biaya tetap, biaya variabel, harga) tidak berubah ●
Pada kenyataannya, tidak mungkin konstan
Taylor, B. W., 2009, Introduction to Management Science
Contoh Kasus
Perusahaan Western Clothing Co memproduksi celana jeans. ●
Biaya tetap
= $10000
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Biaya variabel
= $8 per unit celana
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Volume produksi
= 400 unit
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Harga per unit celana
= $23
Break even: Z = vp – cf – vcv 0 = v(23) – $10000 – (8)v 0 = 23v - $10000 – 8v 15v = $10000 v = 666.7 unit celana Taylor, B. W., 2009, Introduction to Management Science
Contoh Kasus
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas - Price
Harga dinaikkan dari $23 menjadi $30, sehingga titik break even berubah v = cf / ( p – cv )
v = $10000 / ( $30 - $8 ) v = 454.5 unit celana Harga naik → break-even menurun
Harga naik → penjualan semakin sulit
Penjualan sulit ●
penambahan kualitas kemasan, iklan, dll Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas - Price
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas – variable cost
Peningkatan harga → peningkatan kualitas
Biaya variabel meningkat dari $8 menjadi $12 v = cf / ( p – cv )
v = $10000 / ( $30 - $12 ) v = 555.5 unit celana Peningkatan variable cost → peningkatan break-even
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas – Variable Cost
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas – Fixed Cost
Peningkatan biaya iklan untuk mengantisipasi turunnya penjualan karena peningkatan harga Biaya tetap meningkat dari $10000 menjadi $13000 v = cf / ( p – cv ) v = $13000 / ( $30 - $12 ) v = 722.2 unit celana
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas – Fixed Cost
Taylor, B. W., 2009, Introduction to Management Science
Analisis Sensitivitas
Perlunya menganalisis dampak perubahan dari satu komponen break even terhadap model secara keseluruhan Mempertimbangkan perubahan satu komponen tidak cukup tanpa mempertimbangkan dampaknya secara keseluruhan
Taylor, B. W., 2009, Introduction to Management Science
Latihan
Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000, and its variable cost per pound of fertilizer is $0.15. Evergreen sells the fertilizer for $0.40 per pound. Determine the monthly break-even volume for the company. If Evergreen Fertilizer Company changes the price of its fertilizer from $0.40 per pound to $0.60 per pound, what effect will the change have on the break-even volume? If Evergreen Fertilizer Company changes its production process to add a weed killer to the fertilizer in order to increase sales, the variable cost per pound will increase from $0.15 to $0.22. What effect will this change have on the break-even volume? If Evergreen Fertilizer Company increases its advertising expenditures by $14,000 per year, what effect will the increase have on the break-even volume? Taylor, B. W., 2009, Introduction to Management Science
