In a Graph of Cost-Volume-Profit Analysis,the

question 81

Multiple Choice

In a graph of cost-volume-profit analysis,the

• A)total revenue line typically begins at a required minimum level.
• B)slope of the total cost line is dependent on the variable cost per unit.
• C)total cost line normally begins at zero.
• D)sales level at which total cost and total revenue lines intersect is also equal to fixed costs.

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Definitions:

Northwest-corner

A method used in solving transportation or allocation problems in operations research by starting with the northwest corner of a cost matrix and moving through the matrix to optimize costs or resources.

Improvement Indices

Metrics or measurements used to gauge the progress or enhancement of processes, systems, or performance over time.

Feasible Solution

In optimization problems, a solution that satisfies all the constraints imposed on the problem, though it might not be the optimal solution.