……………is a graphical and algebraic representation of the relationships among volume of output, cost, and revenues.

Related MCQs

• …………is the level of output volume for which total cost equals total revenues
• …………… is a graphical tool to analyse and time the small, physical actions of workers and machine in performing a routine, repetitive, worker- machine task so that idle time can be identified
• This cost is the cost associated with measuring evaluating, or auditing products or services to assure conformance to quality standards and performance requirements
• The difference between the actual cost and standard cost is called
• ……………………..is an organized creative approach which has its objective, the efficient identification of unnecessary cost—cost which provides neither quality nor use nor life nor appearance nor customer features.
• ……………is used to monitor characteristics that can be measured and have a continuum of values such as height, weight, volume etc.
• …………….refers to the manufacturing of large volume of a single or a very few varieties of products with a standard set of processes
• ……………………………is the highest reasonable output rate which can be achieved with the current product specifications, product mix, work force, plant and equipment.
• ………..refers to the transformation of the state of input in to output.
• ……………is measure of the quantity of output per unit of input.