Implement the alternative and evaluate its performance,

Implement the alternative and evaluate its performance,

Cost Volume Profit Analysis looks at the behavior of total revenues collected, total costs, and the operating income based on differences in units sold, their sales price, variable cost per item, and the overhead fixed costs. Management undertakes a series of steps during each cost volume profit analysis review, which include:

Understand the issue
Gather information
Develop predictive alternatives
Select an alternative to address the issue
Implement the alternative and evaluate its performance

Using the above framework for evaluating an effort under cost volume profit analysis, describe a specific example and how you would use these steps to determine the ultimate decision to be taken.
Please make this 1-2 paragraphs and in APA format.
Please include a reference page and site sources within the paper.

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