Break-even analysis can be used for
A. Short run analysis
B. Long run analysis
C. Average of above two run analysis
D. There is no such criterion
Answer: Option A
Solution(By Examveda Team)
Break-even analysis is a technique widely used by production management and management accountants.Total variable and fixed costs are compared with sales revenue in order to determine the level of sales volume, sales value or production at which the business makes neither a profit nor a loss.
This Question Belongs to Mechanical Engineering >> Industrial Engineering And Production Management
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The essential condition for the decompression of an activity is that
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B. After decompression the time of an activity invariably exceeds its normal time
C. An activity could be decompressed to the maximum extent of its normal time
D. None of the above
A. CAM < DAM
B. CAM > DAM
C. CAM = DAM
D. There is no such criterion
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