When asked about the impact of unit manufacturing cost reductions on total gross profit, many managers and academics assume that returns will be diminishing, i.e., that the first dollar of unit cost reduction will generate more incremental gross profit than the last dollar of unit cost savings, consistent with economic intuition about diminishing returns. The present note shows why total profit...

The purpose of this study was to determine the application CVP analysis as a means planning expected profit in future. method used is descriptive with case approach. This uses data form financial information consisting income and expenses, both fixed costs variable costs. results carried out showed that contribution margin for 2020 IDR193,898,400 ratio 69%. break-even point IDR 37,147,900. sale...

water shortage crisis is an issue that has led to drastic changes in different agricultural policies, especially in arid and semi-arid areas. uncertainty in the amount of resources, e.g. water, used for agricultural production entails risk for farmers' income and cropping pattern changes. in the present study, the robust optimization model was used for optimal allocation of arable lands of khor...

Certification in agriculture ensures compliance with tangible standards and should generate economic opportunities for farmers. This study quantifies the variable profit efficiency impacts of organic certification dairy farming across Europe, using farm-level FADN data from 25 countries while accounting heterogeneity through a class splitting model. Four distinct classes farm enterprises operat...

Transportation service procurement auctions are typically characterized by limited number of rounds and low profit margin. In this paper we address the bid determination problem for single-lane and combinatorial bids in the successive rounds of an auction, which maximizes the profit and also ensures winning. A profit factor (PF) is computed at each round using the industry average price for thi...

Credit risk estimation is a key determinant for the success of financial institutions. The aim of this paper is presenting a new hybrid model for estimating the probability of default of corporate customers in a commercial bank. This hybrid model is developed as a combination of Logit model and Neural Network to benefit from the advantages of both linear and non-linear models. For model verific...

Objective: Market anomalieschange with economic conditions, stock markets, selected samples, time periods and differences between industries. Revision of past forecasts leads to forecast error. The revisions result from new information. On the other hand, some managers slowly revise their forecasts in responding to new information. Therefore, the purpose of this research is to investigate the r...

Monte Carlo simulation was used to predict the long-term financial performance related to the technical performance of dairy herds. The indicators addressed were derived from data collected routinely in the herd. They indicated technical performance that can be affected by the farmer or the consultant, and they were derived from expected cause-effect relations between technical performance and ...