What prescriptive analytics technique is used to determine the break-even level of sales? a. Sensitivity analysis b.

Question:

What prescriptive analytics technique is used to determine the break-even level of sales?

a. Sensitivity analysis

b. Scenario analysis

c. Cash flow analysis

d. Goal-seek analysis

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Introduction To Business Analytics

ISBN: 9781265454340

1st Edition

Authors: Vernon Richardson, Marcia Watson

See More Books

Question Posted: May 25, 2023 08:34 AM

See More Questions

One of the most basic planning tools available to the managers is the Cost-volume-profit analysis. Cost-volume-profit(CVP) analysis examines the behavior of total revenues, total costs, and operating...
Please find the attached case study of Saurabh Enterprises who is trying to make a capital budgeting decisions. Please help the company with its decision making. Please work all the calculations in...
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
Do economists have any particular expertise at making normative arguments? In other words, they have expertise at making positive statements (i.e., what will happen) about some economic policy, for...
Describe the search for unrecorded liabilities. Explain why this is an important test for this business process.
Required information The Chapter 5 Form worksheet is to be used to create your own worksheet version of Exhibit 5-5 and Exhibit 5-8 in the text. Requirement 2: Change all of the numbers in the data...
4. For each activity, assign the person who will be responsible.
A local drama company proposes a new neighborhood theater in San Francisco. Before approving the building permit, the city planner completes a study of the theaters impact on the surrounding...
Problem 5-20 Various CVP Questions: Break-Even Point; Cost Structure; Target Sales [LO5-1, LO5-3, LO5-4, LO5-5, LO5-6, LO5-8] Northwood Company manufactures basketballs. The company has a ball that...
How does vertical analysis serve as a descriptive analytics technique to describe what is happening?
Management accountants can use the following table to perform a sensitivity analysis, evaluating the companys changing profitability based on two important inputs: (1) the level of total fixed costs...
Van Poucke NV has positive EBITDA and growth, but negative operating profit. State your views.
Recall from Case 1.2 that Auto Concepts is a new division of a large automobile manufacturer that has been slowly losing market share to its competitors. Auto Concepts was created to reclaim the...
(a) Draw a simplified ray diagram showing the three principal rays for an object located inside the focal length of a diverging lens. $(b)$ Is the image real or virtual? (c) Is it upright or...
Show that the ray exiting the block in Figure P33.53 is parallel to the ray entering the block. Data from Figure P33.53
The element is subjected to the state of stress shown. If the material is machine steel having a yield stress of $\sigma_{Y}=750 \mathrm{MPa}$, determine the factor of safety with respect to...
Determine the vertical displacement of the ring at point $B$. $E I$ is constant. B P A
For a population with a standard deviation of = 20, how large a sample is necessary to have a standard error that is: a. Less than or equal to 5 points? b. Less than or equal to 2 points? c. Less...
Based on the scenario described below, generate all possible association rules with values for confidence, support (for dependent), and lift. Submit your solutions in a Word document (name it...
Bill and Ted are going to the beach with hopes of having an excellent adventure. Before going, they read a report by the worlds leading authority on tiger shark behavior indicating that when a tiger...
The Banisco Corporation is negotiating a contract to borrow $300,000 to be repaid in a lump sum at the end of nine years. Interest payments will be made on the loan at the end of each year. The...
Refer to the previous question. The present value (PV) of a future cash-flow value (FV) is defined as: PV = FV/(1+r)n Where n is the number of years into the future in which the cash flow occurs and...
Calculate Social Security taxes, Medicare taxes and FIT for Jordon Barrett. He earns a monthly salary of $11,100. He is single and claims 1 deduction. Before this payroll, Barretts cumulative...
Bass Accounting Services expects its accountants to work a total of 26,000 direct labor hours per year. The company's estimated total indirect costs are $ 260,000. The company uses direct labor hours...
The Balance Sheet has accounts where the accountant must make estimates. Some situations in which estimates affect amounts reported in the balance sheet include: Allowance for doubtful accounts....

What prescriptive analytics technique is used to determine the break-even level of sales? a. Sensitivity analysis b.

Question:

Step by Step Answer:

b S...View the full answer

Introduction To Business Analytics

Students also viewed these Business questions