Stochastic CVP analysis with economic demand and cost functions

Review of Quantitative Finance and Accounting

Volumn 17, Issue 2, 2001, Pages 127-149

  Yunker, James A ^a  

^a WESTERN ILLINOIS UNIVERSITY   (United States)

Author keywords

Breakeven analysis; Cost volume profit; Decision making; Stochastic; Uncertainty

Indexed keywords

EID: 0242515691     PISSN: 0924865X     EISSN: 15737179     Source Type: Journal    
DOI: 10.1023/A:1017921620718     Document Type: Article

References (26)

1. Adar, Z., A. Barnea and B. Lev, "A Comprehensive Cost-Volume-Profit Analysis under Uncertainty." Accounting Review 52(1), 137-149, (1977).
2. Barry, C. B., J. I. Velez-Arocho and P. R. Welch, "A Bayesian Approach to CVP Analysis under Parameter Uncertainty." Quarterly Review of Economics and Business 24(2), 71-90, (1984).
3. Brockett, P. L., A. Charnes, W. W. Cooper and H. C. Shin, "A Chance Constrained Programming Approach to Cost-Volume-Profit Analysis." Accounting Review 59(3), 474-487, (1984).
4. Brockett, P. L., A. Charnes, W. W. Cooper and H. C. Shin, "Cost-Volume-Utility Analysis with Partial Stochastic Information." Quarterly Review of Economics and Business 27(3), 70-90, (1987).
5. Chung, K. H., "Output Decision under Demand Uncertainty with Stochastic Production Function: A Contingent Claims Approach." Management Science 36, November, 1311-1328, (1990).
6. Chung, K. H., "Cost-Volume-Profit Analysis when the Firm Has Production Flexibility." Journal of Business, Finance and Accounting 20(4), 583-592, (1993).
7. Constantinides, G. M., Y. Ijiri and R. A. Leitch, "Stochastic Cost-Volume-Profit Analysis with a Linear Demand Function." Decision Sciences 12(3), 417-427, (1981).
8. Dickinson, J. P., "CVP Analysis under Uncertainty." Journal of Accounting Research 12(1), 182-187, (1974).
9. Ferrara, W. L., J. C. Hayya and D. A. Nachman, "On the Accuracy of Normalcy Approximation in the Jaedicke-Robichek Model." Accounting Review 47(2), 299-307, (1974).
10. Hilliard, J. E. and R. A. Leitch, "CVP Analysis under Uncertainty: A Log-Normal Approach." Accounting Review 50(1), 69-80, (1975).
11. Ismail, B. E. and J. G. Lauderbeck, "Optimizing and Satisficing in Stochastic Cost-Volume-Profit Analysis." Decision Sciences 10(2), 205-217, (1979).
12. Jaedicke, R. K. and A.A. Robichek, "Cost-Volume-Profit Analysis under Conditions of Uncertainty." Accounting Review 39(4), 917-926, (1964).
13. Jarrett, J. E. "An Approach to Cost-Volume-Profit Analysis under Uncertainty." Decision Sciences 4(3), 405-420, (1973).
14. Johnson, G. and S. S. Simik, "Multiproduct C-V-P Analysis under Uncertainty." Journal of Accounting Research 9(2), 278-286, (1971).
15. Johnson, G. and S.S. Simik, "Use of Probability Inequalities in Multiproduct C-V-P Analysis under Uncertainty." Journal of Accounting Research 12(1), 67-79, (1974).
16. Kim, C., "A Stochastic Cost-Volume-Profit Analysis." Decision Sciences 4(3), 329-342, (1973).
17. Kim, S., M. J. Abdolmohammadi and L. A. Klein, "CVP under Uncertainty and the Manager's Utility Function." Review of Quantitative Finance and Accounting 6(2), 133-147, (1996).
18. Kottas, J. F. and H.-S. Lau, "Stochastic Breakeven Analysis." Journal of the Operational Research Society 29(3), 251-257, (1978).
19. Kottas, J. F. and H.-S. Lau, "Direct Simulation in Stochastic CVP Analysis." Accounting Review 53(3), 698-707, (1978).
20. Lau, A. H.-L. and H.-S. Lau, "CVP Analysis with Stochastic Price-Demand Functions and Shortage-Surplus Costs." Contemporary Accounting Research 4(1), 194-209, (1987).
21. Liao, W. M., "Model Sampling: A Stochastic CVP Analysis." Accounting Review 50(4), 780-790, (1975).
22. Magee, R. P., "Cost-Volume-Profit Analysis, Uncertainty, and Capital Market Equilibrium." Journal of Accounting Research 13(2), 257-266, (1975).
23. Morrison, T. and E. Kaczka, "A New Application of Calculus and Risk Analysis to Cost-Volume-Profit Changes." Accounting Review 44(2), 330-343, (1969).
24. Shih, W., "A General Decision Model for Cost-Volume-Profit Analysis under Uncertainty." Accounting Review 54(4), 687-706, (1979).
25. von Neumann, J. and O. Morgenstern, The Theory of Games and Economic Behavior, 2nd ed., Princeton, NJ: Princeton University Press, 1947.
26. Yunker, J. A. and P. J. Yunker, "Cost-Volume-Profit Analysis under Uncertainty: An Integration of Economic and Accounting Concepts." Journal of Economics and Business 34(1), 21-37, (1982).