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 problem when a new drug is introduced to the market, What capacity ...

What capacity problems are encountered when a new drug is introduced to the market?

Explain adaption and culture shock, The first response to unfamiliar surrou...

The first response to unfamiliar surrounds, like those encountered in an overseas assignment, is: Answer: a. Adaption b. Culture shock c. Fascination d. Reverse culture shock

Explain matrix organisation, Explain matrix organisation. Matrix Organ...

Explain matrix organisation. Matrix Organisation: it is used when an organization has to handle a variety of projects, varies from small to large. While a pure project struct

Want help double-checking my homework, Summer Tyme, Inc., is considering a ...

Summer Tyme, Inc., is considering a new three-year expansion project that requires an initial fixed asset investment of $3.9 million. The fixed asset will be depreciated straight-l

Explain how can efficiency of purchasing processes, How can efficiency of p...

How can efficiency of purchasing processes be improved?

Explain international monetary fund, After reading your assigned readings o...

After reading your assigned readings on international monetary policy in this unit, visit the global beverage company of your choice. Note the number of different countries that th

Explain studies about individual voting decisions, Joan, age 40, is dissati...

Joan, age 40, is dissatisfied with her job. Martin, age 25, is satisfied with his job but thinks the union could provide better benefits beyond the associated costs. Most research

Explain what implications does that fact have for managers, The resource-ba...

The resource-based model identifies four criteria that firms can use to evaluate whether particular resources and capabilities are core competencies and can, therefore, provide a b

LOCATION STRATEGY, In what sequence would the jobs be ranked according to t...

In what sequence would the jobs be ranked according to the following decision rules

Explain ethical principles in marketing situations, Applying sound ethical ...

Applying sound ethical principles in marketing situations: a.is a losing battle. b.must be a continuous process. c.requires a major competitive fight. d.is impossible for most comp

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