Industrial Engineering and Production Management Break-even analysis consists of Fixed and variable costs Operation costs Variable cost Fixed cost Fixed and variable costs Operation costs Variable cost Fixed cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Break-even analysis shows profit when Sales revenue < total cost Sales revenue > total cost Variable cost < fixed cost Sales revenue = total cost Sales revenue < total cost Sales revenue > total cost Variable cost < fixed cost Sales revenue = total cost ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management In the cost structure of a product, the selling price is determined by the factors such as Various elements of the cost All of these Sales turn over Lowest competitive price Various elements of the cost All of these Sales turn over Lowest competitive price ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management If ‘F’ is the fixed cost, ‘V’ is the variable cost per unit (or total variable costs) and ‘P’ is the selling price of each unit (or total sales value), then break-even point is equal to F/[1 + (V/P)] F/[1 - (V/P)] (F × P)/V (F × V)/P F/[1 + (V/P)] F/[1 - (V/P)] (F × P)/V (F × V)/P ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Two alternatives can produce a product. First have a fixed cost of Rs. 2000 and a variable cost of Rs. 20 per piece. The second method has a fixed cost of Rs. 1500 and a variable cost of Rs. 30. The break even quantity between the two alternatives is 75 100 25 50 75 100 25 50 ANSWER DOWNLOAD EXAMIANS APP
Industrial Engineering and Production Management Father of industrial engineering is Henry Laurence Gantt Frederick Taylor Isaac Newton Jack Gilbert Henry Laurence Gantt Frederick Taylor Isaac Newton Jack Gilbert ANSWER DOWNLOAD EXAMIANS APP