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#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS MANUAL#
#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS PASSWORD#
#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS ZIP#
#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS DOWNLOAD#

OThe required elements for problem 6-9: (a) correctly use the fixed costs and variable costs calculating the BEQ for each of the three processes, and (b) determine the best process for any given quantity. Place your assignment in either a MS Word or MS Excel document and meet the following criteria:

#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS DOWNLOAD#

You will also find a download package if you are using OM for Macs.

#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS ZIP#

zip files with the installation package you need for this unit’s assignment. Use the Web site found in the Resources to download. You may want to refer to the PowerPoint presentation in the Resources for step-by-step help. In this assignment, you demonstrate your knowledge of determining the optimum process selection with breakeven analysis.

#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS MANUAL#

Use the POM-QM for Windows software and accompanying Weiss manual available online in the POM help menu to solve the following problems from your Operations Management textbook: OLearning Outcome: Manage a firm’s global operations for both effectiveness and efficiency. The following competencies align with indicated learning outcomes and each criterion for the assignment aligns to a competency.Ĭompetency 2: Assess operations functions needed to operate effectively and efficiently in a global environment. The other requirements are listedĬompetencies Addressed in This Assignment and Aligned to Learning Outcomes

There are two problems that need to be solved (6-9 and 6-10). This template is fully customizable, and you can add error handling functions, as well as many others.Looking for breakeven analysis on the following below. Simply unlock B1:G1, and then enable the protection for the sheet. You can also do this for your Sales Analysis.

#HOW TO USE EXCEL QM BREAK EVEN ANALYSIS PASSWORD#

You also have the option to add a password to your sheet.

Uncheck Select Locked Cells to guide users to where they need to input their information in the appropriate cells.

Go to the Format drop-down menu in cells group and choose Protect Sheet.

Turn on the protection for the sheet by clicking on the Home tab.

Right click on this selection and click Format Cells.

You may also want to protect your formulas by doing the following steps: Simply delete all the input values in the costs tables and in your break even table (BreakEven!C2-C3). Once you have assigned formulas to corresponding cells, you can finish your template and reuse this for all your break-even and sales analysis needs. For example, if you are typing in your monthly shipping costs, the other costs must be recorded over a monthly period and this must be consistent across all values. Note that the periods for each of your costs must be the same. The guide below shows you what your costs tables should look: You can modify your table, add or subtract values and labels, depending on your own preferences and operations. In your costs tables, Variable and Fixed Costs, enter the values that correspond to your labels to list what your expenses and other costs are. Look at the table below for your reference: Once you have assigned range names, you can now enter the formulas for your BEP values. To do this, select B2:C3, click on the Formulas tab, click Create From Selection under Defined Names, and click OK. Once you have created your labels, it’s now time to create range names, which you will use in your formulas. Format C3 and C11 as well to Numeric without any decimal places. These are the price per unit of a product or service, opportunity costs (or cost per unit), fixed cost (constant figure that remains the same regardless of the number of units produced), and variable costs (which are costs that change depending on the number of units sold such as raw materials).Įnter the labels to create your BEP Analysis sheet, which you will name as “BreakEven.” Then, set the numeric format to Currency for C2, C5, C6, C8, and C9, like the table below.

To create a break-even analysis, a number of factors must be considered. What to Consider When Making a Breakeven Analysis?

Being in the BEP determines that your business is adequately covering your costs from what it is earning, but your profit is zero. This means that any figure that goes above the BEP is profit and anything that goes below it is loss. At this point, your business is neither experiencing a profit nor a loss.

Business performance can be measured by a lot of things, but nothing can say a lot about how your business performs than a break-even analysis.Ī break-even analysis determines your break-even point (BEP), which is the point at which the total cost and total revenue of the business are equal.