Industrial Engineering and Production Management
Break-even point is the point where

Fixed and total cost lines intersect
Fixed and variable cost lines intersect
Sales revenue and total expensive lines intersect
Variable and total cost lines intersect

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Industrial Engineering and Production Management
Dispatching

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

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Industrial Engineering and Production Management
Pessimistic time is

The average time required for a job
The most probable time considering all conditions
The minimum time in which an activity can possibly be accomplished
The maximum time which an activity might require

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