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

#production and material management, What are the features of dynamic purch...

What are the features of dynamic purchasing? How it''s affects the store keeping and warehousing?

Location analysis, explain the series of steps involved and various factor...

explain the series of steps involved and various factor effecting location decion?

Linear programming problem, Explain the graphical method of solving Linear ...

Explain the graphical method of solving Linear Programming Problem

Responsiveness - customer satisfaction and service quality, Responsiveness ...

Responsiveness - Customer Satisfaction and Service Quality Concerns the willingness or readiness of employees to provide service. It involves timeliness of service: mailing a

Operation research, what is or ? Features and limitations of or?

what is or ? Features and limitations of or?

Current trends in operation management, What is the relationship between ma...

What is the relationship between mass customisation and rapid product development

Explain crisis leadership style, How is crisis leadership different from le...

How is crisis leadership different from leading under normal circumstance? If leaders wanted to fine-tune crisis leadership style, how would you suggest they practice without creat

How an hr professional may designated that information, How an HR professio...

How an HR professional might designated that information/data as a critical result area? That's question. Reference where info came from.

Aspects of design: Product, Explain each of the following aspects of design...

Explain each of the following aspects of design Product Job and facilities in detail describing each ones effect on Productivity, as well as the combined effect

Explain technologies to keep the organization competitive, Select an organi...

Select an organization. Who are the stakeholders of your selected organization? How would the stakeholders be affected by the failure of the organization to keep up with new techno

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