Abstract :
This research study focused to figure out the breakeven point in planning, controlling, and in the decision-making process, in a briquettes production plant. This research study shed the light on the need of use to breakeven point. The study found, the most of the industrial companies are using break-even point for planning or decision-making process, and there is a significant relationship between the use of the break-even point and successful planning of business. It is recommended that companies may outweigh their fixed cost at least by using breakeven point as a main tool of Decision-making. The study is being carried out at a briquetting plant considering financial year of 2016-17. Bio briquettes can be a good choice as fuel in crucial scenario of global warming as it does not generate pollutants causing climatic consequences. Study determines compactness of soya rice husk briquettes. It was observed that briquette made from mixed soya bean husk and rice husk at the ratio of 1:
Keyword :
Break Even Point, Fixed cost, variable cost, Bio briquettes, Density