The breakeven analysis in selecting a suitable site for a plant helps in  Maximizing revenue  Minimizing total cost Optimizing production volume All of these

The breakeven analysis in selecting a suitable site for a plant helps in all of these.

1. Maximizing revenue: By selecting a site that minimizes costs (such as labor, materials, and transportation), a company can maximize its revenue. The breakeven point is where total revenue equals total costs, so any revenue beyond this point is profit.

2. Minimizing total cost: The breakeven analysis helps identify the point at which the company will start making a profit. By selecting a site that minimizes costs, the company can reach this point sooner.

3. Optimizing production volume: The breakeven analysis can also help determine the optimal production volume. This is the level of production where the company can make the most profit, taking into account both fixed and variable costs.

So, the breakeven analysis is a useful tool in the decision-making process for selecting a plant site, as it helps in maximizing revenue, minimizing total cost, and optimizing production volume.