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In manufacturing, breakeven is used to determine the exact point where the sales volume profits equals the costs to manufacture. This point is the --minumum-- number of items that must be manufactured and sold for the company to sustain operations (pay the bills). The profits from all items manufactured and sold after that add to the total equity of the company. To summarize, breakeven is simply used to determine the minimum volumes the business needs to make and sell (or buy and sell if a retail business) to be a viable business.
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Why are charts and graphs useful for analyzing results?
Charts and graphs are useful for analyzing results because they visually represent complex data, making it easier to identify trends, patterns, and relationships. They simplify comparisons between different datasets and highlight key insights at a glance. Moreover, visualizations can enhance understanding and retention of information, facilitating more informed decision-making. Overall, they transform raw data into actionable insights.
Ratios are most useful in identifying?
Relationships
Is analyzing web statistics ethical?
I consider that this procedure is useful, normal and ethical.
Which genetic engineering branch is most useful for the goal of supplying evidence in court?
Forensic genetics is the branch of genetic engineering most useful for supplying evidence in court. It involves analyzing DNA samples to establish biological relationships, identify individuals, and determine the source of biological evidence found at a crime scene.
Do graphs make relationships easier to understand?
When graphs are used correctly, they do make relationships easier to understand. they provide a useful way to visualize relationships.
When is cladistics more useful than Linnaean taxnomy a dsfadfasdf?
When you want to determine the order of evolution
What is data mining in data processing?
Simply, Data mining is the process of analyzing data from several sources and converting it into useful data.
Does the process of defining relationships among data to create useful information requires knowledge?
yes
Why are flowcharts useful for dichotomous keys?
they allow the researcher to visualize relationships between different bacteria.
What kind of graph is most useful for showing the relationships between two variables?
Line Graph
Which set of resources is likely to be most useful in analyzing a period-specific novel?
encyclopedia of history, etymology dictionary, glossary of historical terms.
What is the difference between a trend line and a line of best fit and how are they useful in analyzing data?
What is the difference between a trend line and a line of best fit
