Breakeven Analysis: Plotting graphs
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Cnsider the following costs for a certain chemical product:
fixed costs: 2.045 Million/year
variable costs:
material cost 62 cents/gallon of product
energy cost 24 cents/gallon of product
labor costs 16 cents/gallon of product.
Assume you only produce what you sell.
P = selling price [$/gal]
Q = sales quantity
P and Q are related: Q = 6x10^6 - 1.1X10^6P
How do I plot the fixed and total variable costs and graphically determine the breakeven point? And how do I print (fprintf) what range Q production profitable?
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on 2 Mar 2016
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