Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Incident
45 Perak plant workers age from 50 to 60 have been diagnosed with Musculoskeletal Disorders (MSD) at Belarong Hospital which impact Company X with RM 100,000 direct compensation to the workers and up to RM 1,000,000 loss of man-hour from 2 months’ medical leave. Based on preliminary analysis, the workers were suffering from back pain during cement packaging process.
1. Based on Ergonomic Principles, describe and analyse Incident above
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