Question
Give an example from your own experience where you used a break-even point analysis. What parameters were necessary to find the break-even point? Please include
Give an example from your own experience where you used a break-even point analysis. What parameters were necessary to find the break-even point? Please include your break-even calculations based on the equation from page 8 in the textbook. Or Create your own probability problem. Define what type of probability problem you have and show the best approach to solving the problem. Your initial response to the question is due on Thursday; please respond to two classmates by Sunday. I am looking for original ideas, not an example from the internet.
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