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ME Set-3
Production and Industrial Engineering
1

Production and Industrial Engineering MCQ with Answers

1) A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Gnatt chart

flow chart

break-even chart

PERT chart

Answer is:

break-even chart

Explanation:

.

A graphical device used to determine the break-even point and profit potential under varying conditions of output and costs, is known as

Production and Industrial Engineering MCQ with Answers

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Related Production and Industrial Engineering MCQ with Answers

2) Break-even analysis consists of

fixed cost

variable cost

fixed and variable costs

operation costs

Answer is:

fixed and variable costs

Break-even analysis consists of

3) Break-even analysis shows profit when

sales revenue > total cost

sales revenue = total cost

sales revenue < total cost

variable cost < fixed cost

Answer is:

sales revenue > total cost

Break-even analysis shows profit when

4) In break-even analysis, total cost consists of

fixed cost

variable cost

fixed cost + variable cost

fixed cost + variable cost + over-heads

Answer is:

fixed cost + variable cost

In break-even analysis, total cost consists of

5) The break-even point represents

the most economical level of operation of any industry

the time when unit can run without loss and profit

time when industry will undergo loss

the time when company can make maximum profits

Answer is:

the time when unit can run without loss and profit

The break-even point represents

Production and Industrial Engineering MCQ with Answers

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