Discussion :: Industrial Engineering and Prod'n Mgmt
- The break-even point represents
|
A.
The most economical level of operation of any industry |
|
B.
The time when unit can run without any loss and profit |
|
C.
Time when industry will undergo loss |
|
D.
The time when company can make maximum profits |
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Answer : Option B
Explanation :
The break-even point determines the number of sales needed to achieve a net income of zero. It shows the point when a company's revenue equals total fixed costs plus variable costs, and its fixed costs equal the contribution margin.
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