Explain fixed cost, Operation Management

Assignment Help:

Explain Fixed Cost.

Fixed Cost:

Cost may be described as the amount of expenditure incurred on, or attributable to a specified thing. Fixed costs are those costs that tend to keep on constant irrespective of the volume of sales or output.

Illustrations of fixed costs: 

* Staff salaries.

* Administration Expenses.

* Rent and establishment charges

* Depreciation.


Related Discussions:- Explain fixed cost

Explain in-depth the contrast and comparison, Need to describe in-depth the...

Need to describe in-depth the contrast and comparison of instrumental versus intrinsic within the business ethics development.

Explain choosing a new piece of equipment, The following table shows the cr...

The following table shows the critical factors in a company's decision on choosing a new piece of equipment. Calculate the breakeven volume and utilization for each option and then

Define mass customization, Lands End will custom fit the Marinac jacket and...

Lands End will custom fit the Marinac jacket and make it with additional features, such as thumb loops, underarm ventilation slits, and a key clip, when you order from LandsEnd.com

Explain organizational structure, Analyze the reason for the type of organi...

Analyze the reason for the type of organizational structure employed by the organization, and identify the key positions that support that organizational structure.

Explain detecting unethical practices at supplier faculty, "Detecting Uneth...

"Detecting Unethical Practices at Supplier Faculty" Please respond to the following: • Assess the value of having a Supplier Code of Conduct when outsourcing operational functio

Explain why is it important to continuously update, Why is it important to ...

Why is it important to continuously update the implementation and communication of a strategic plan?

Describe the differences between utilization and efficiency, Discuss the di...

Discuss the differences between utilization and efficiency as measures of system performance. Which (if any) is the most useful measure for an operations manager? Why?

Advantages and disadvantages of erp systems, Advantages and Disadvantages o...

Advantages and Disadvantages of ERP Systems Advantages May provide strategic advantage  Integrates the supply chain  May provide reduced costs  Off the shelf co

Compute the cpk for this machine, 1) C-Spec, Inc., is attempting to determi...

1) C-Spec, Inc., is attempting to determine whether an existing machine is capable of milling an engine part that has a key specification of 4+6 .003 inches. After a trial run o

Define the coordinate of potential sites for hospital, Suppose a new hospit...

Suppose a new hospital is to be built to provide emergenct medical healthcare service to 5 town w coordinates (5,6), (1,3), 13,7), (11,2), (18,1) on a map. The exisiting transporta

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd