What question did this study set out to answer?

The aim is to explore a novel approach to cost-volume-profit analysis using calculus and risk management strategies.

A New Application of Calculus and Risk Analysis to Cost-Volume-Profit Changes.

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This article demonstrates the impact of calculus and risk analysis on cost-volume-profit in businesses, highlighting forecast methods.

The aim is to explore a novel approach to cost-volume-profit analysis using calculus and risk management strategies.
Introduced differential calculus to analyze cost-volume-profit scenarios
Considered a range of price changes rather than discrete points
Incorporated risk factors into the profitability forecasts
Found maximum profit levels using curvilinear cost and revenue behaviors
Demonstrated that a continuous analysis provides more accurate forecasting for sales volume changes
Showed that traditional methods may overlook key risk implications in decision making

Morrison et al. (1969) studied this question.

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