Question
The degree of operating leverage (DOL) at any given sales volume, X, is useful as: 1) An easy way to perform a Monte Carlo Simulation
The degree of operating leverage (DOL) at any given sales volume, X, is useful as:
1) An easy way to perform a Monte Carlo Simulation (MCS) analysis.
2) A measure of risk that can be used in conjunction with a CVP model.
3) An alternative measure of the breakeven volume.
4) A way to estimate fixed costs for an upcoming period.
5) A measure of targeted profit, expressed on a pre-tax basis.
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GMP Audit Trainer Good Manufacturing Practices Made Easy
Authors: Mr Brendan Cooper
1st Edition
1548711934, 978-1548711931
