Industrial Engineering MCQ with Answers

21) Abbreviated work factor data is applied for

Answer is:

all of these

Explanation:

Abbreviated work factor data is applied for
* material handling operation
* maintenance operation
* packing and shipping operation

22) Break even analysis consists of

Answer is:

all of these

Explanation:

Break even analysis consists of
* fixed expenses
* variable cost
* sales revenue

23) Break even point is the point where

Answer is:

sales revenue and total expense lines intersect

24) In a break even analysis, total cost consists of

Answer is:

fixed cost + variable cost

Explanation:

The break-even point (BEP) or break-even level represents the sales amount—in either unit (quantity) or revenue (sales) terms—that is required to cover total costs, consisting of both fixed and variable costs to the company.
Total profit at the break-even point is zero.

In a break even analysis, total cost consists of

25) A company spends consider amount on publicity to promote sales. This expenditure in break even chart is shown below the

Answer is:

21) Abbreviated work factor data is applied for

all of these

22) Break even analysis consists of

all of these

23) Break even point is the point where

sales revenue and total expense lines intersect

24) In a break even analysis, total cost consists of

fixed cost + variable cost

25) A company spends consider amount on publicity to promote sales. This expenditure in break even chart is shown below the

variable cost line