Industrial Engineering and Production Management
The break-even point represents

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

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Industrial Engineering and Production Management
Routing

Determines the programme for the operations
Regulates the progress of job through various processes
Is concerned with starting of processes
Prescribes the sequence of operations to be followed

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Industrial Engineering and Production Management
Activity slack or float of any event on a PERT/CPM chart is represented by

Latest start time of the event earliest start time of the event
Anyone of the above
Latest start time of succeeding event earliest finish time of preceding event activity time
Latest finish time of event earliest finish time of the event

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