Industrial Engineering and Production Management
The break-even point represents

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

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Industrial Engineering and Production Management
Work sampling is applied for

Estimation of the percentage utilization of machine tools
All of these
Finding out time standards, specially where the job is not repetitive and where time study by stop watch method is not possible
Estimating the percentage of the time consumed by various job activities

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