Industrial Engineering and Production Management
At the break-even point,

Total cost is less than the sales revenue
Fixed cost is equal to variable cost
Total cost is equal to sales revenue
Total cost is more than the sales revenue

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Industrial Engineering and Production Management
The correct sequence of phases in value engineering is

Creative phase, investigation phase, evaluation phase, information phase
Creative phase, information phase, investigation phase, evaluation phase
Investigation phase, information phase, creative phase, evaluation phase
Information phase, creative phase, investigation phase, evaluation phase

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Industrial Engineering and Production Management
Dispatching

Determines the programme for the operations
Regulates the progress of job through various processes
Prescribes the sequence of operations to be followed
Is concerned with the starting of processes

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Industrial Engineering and Production Management
Scheduling

Regulates the progress of job through various processes
Determines the programme for the operations
Prescribes the sequence of operations to be followed
Is concerned with starting of processes

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