Industrial Engineering and Production Management
The break-even point represents

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

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Industrial Engineering and Production Management
Pessimistic time is

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

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