What question did this study set out to answer?

The aim is to provide simplified formulas for calculating profit's mean, variance, and optimal production quantity.

A Comment on Shih's General Decision Model for CVP Analysis.

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This comment presents simplified formulas to improve Shih's profit analysis in CVP for better practical use.

The aim is to provide simplified formulas for calculating profit's mean, variance, and optimal production quantity.
Commentary on Shih's model results.
Derivation of simpler formulas for profit's mean and variance.
Development of new methods for determining production quantity to maximize target profit.
Simpler formulas for computing profit's mean and variance are introduced.
New methods are provided for maximizing the probability of achieving target profit.

Lau et al. (1981) studied this question.

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