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Question
What kinds of diagrams are more effective in representing the following?
Components of cost in a factory
Solution
In order to represent different components of cost in a factory, a pie chart is more effective. The entire circle represents the total cost and various components of costs are shown by different portions of the circle.
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The Indian Sugar Mills Association reported that ‘Sugar production during the first fortnight of December 2001 was about 3,87,000 tonnes, as against 3,78,000 tonnes during the same fortnight last year (2000). The off-take of sugar from factories during the first fortnight of December 2001 was 2,83,000 tonnes for internal consumption and 41,000 tonnes for exports as against 1,54,000 tonnes for internal consumption and nil for exports during the same fortnight last season.’
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