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 enable them to limit the probability of a stockout, A wine company'...

A wine company's daily demand is normally distributed with a mean of 18 bottles, and a standard deviation of 4 bottles. This company checks their winery's stock every 30 days. In t

Siting departments for process layout - service operations, Siting Departme...

Siting Departments for Process Layout - Service Operations In determining the relative position of service departments the costs of movement may be less important than other,

Explain how else might national origin discrimination occur, National origi...

National origin discrimination is prohibited against a job applicant or employee. Besides discriminating against the job applicant or employee directly, how else might national ori

. Linear Programming Problem, A paper mill produces two grades of paper viz...

A paper mill produces two grades of paper viz., X & Y. Because of raw material restrictions, it cannot produce more 400 tons of grade X paper & 300 tons of grade Y paper in a week.

Explain the manager would prefer ordering, A food processor uses approximat...

A food processor uses approximately 29,730 glass jars a month for its fruit juice product. Because of storage limitations, a lot size of 4,000 jars has been used. Monthly holding c

Describe how current laws regarding search and seizure, Discuss how current...

Discuss how current laws regarding search and seizure have the potential to violate the Fourth Amendment. In your response, provide specific examples of how this violation may occu

Why might a probabilistic estimate, Why might a probabilistic estimate of t...

Why might a probabilistic estimate of the project completion time base solely on the variance of the critical path be misleading? Under what circumstances would it be acceptable?

Explain estimate of the dates of the milestones, You are in charge of organ...

You are in charge of organizing a dinner-dance concert for a local charity. You have reserved a hall which will seat 30 couples and have hired a band. Develop a scope statement for

Explain detect the presence of assignable causes, If the time order of prod...

If the time order of production has not been recorded in a set of data from a process is it possible to detect the presence of assignable causes?

Explain path for data between two points on a network, Name 3 factors that ...

Name 3 factors that a router must consider when determining the best path for data between two points on a network?

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