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Innovative Method for Calculating the Break-Even for Multi-Assortment Production

Author

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  • Dariusz Fuksa

    (Faculty of Mining and Geoengineering, AGH University of Science and Technology, Mickiewicza 30 Av., 30-059 Kraków, Poland)

Abstract

The subject of the article is a new method that I have developed for calculating a multi-asset break-even for multi-assortment production, extended by a percentage threshold and a current sales ratio (which was missing in previously published methods). The percentage threshold provides unambiguous information about the economic health of a company. As a result, it became possible to use it in practice to evaluate the activities of economic entities (mines) and to perform modelling and optimisation of production plans based on different variants of customer demand scenarios. The publication addresses the complexity of the problem of determining the break-even in multi-assortment production. Moreover, it discusses the practical limitations of previous methods and demonstrates the usefulness of the proposed method on the example of hard coal mines.

Suggested Citation

  • Dariusz Fuksa, 2021. "Innovative Method for Calculating the Break-Even for Multi-Assortment Production," Energies, MDPI, vol. 14(14), pages 1-10, July.
    • Handle: RePEc:gam:jeners:v:14:y:2021:i:14:p:4213-:d:593016
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    References listed on IDEAS

    as
    1. Nabil Alnasser & Osama Samih Shaban & Ziad Al-Zubi, 2014. "The Effect of Using Break-Even-Point in Planning, Controlling, and Decision Making in the Industrial Jordanian Companies," International Journal of Academic Research in Business and Social Sciences, Human Resource Management Academic Research Society, International Journal of Academic Research in Business and Social Sciences, vol. 4(5), pages 626-636, May.
    2. Correa, Hector, 1984. "Break-even analysis for multiple product firms," Socio-Economic Planning Sciences, Elsevier, vol. 18(3), pages 211-217.
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    Cited by:

    1. Jarosław Kaczmarek, 2022. "The Balance of Outlays and Effects of Restructuring Hard Coal Mining Companies in Terms of Energy Policy of Poland PEP 2040," Energies, MDPI, vol. 15(5), pages 1-30, March.
    2. Jarosław Kaczmarek & Konrad Kolegowicz & Wojciech Szymla, 2022. "Restructuring of the Coal Mining Industry and the Challenges of Energy Transition in Poland (1990–2020)," Energies, MDPI, vol. 15(10), pages 1-48, May.

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