Industrial Engineering and Production Management
The break-even point represents

The time when company can make maximum profits
The time when unit can run without any loss and profit
The most economical level of operation of any industry
Time when industry will undergo loss

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Industrial Engineering and Production Management
Slack represents the difference between the

Latest allowable time and the earliest expected time
Proposed allowable time and the earliest expected time
Latest allowable time and the normal expected time
Normal allowable time and the latest expected time

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