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

What are the advantages of predetermined time standards, What are the advan...

What are the advantages of predetermined time standards (PTS)?  Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be

Briefly describe the four different approaches to social, Briefly explain t...

Briefly explain the four different approaches to social responsibility that an organization can adopt.

Operations management, A. How does your organization determine customer req...

A. How does your organization determine customer requirements? ?B. How are your organization''s core competencies tied to its strategic goals?? C. What are the strengths and weakne

Explain what are the issues management, What are the issues management of S...

What are the issues management of Starbucks needs to address? Analyze and evaluate the issues identified. Recommend a set of actions management should take to address the issues th

Define internal vs external recruiting, Compare internal vs external recrui...

Compare internal vs external recruiting. When would you want to use each option? what are some advantages and disadvantages of each?

How to evaluate targets for acquistion, What do you think are the criteria ...

What do you think are the criteria a firm should use to evaluate targets for acquistion and how should a company plan and undertake its merger acquistion strategic initiatives?

Explain manufacturing and service processes using queuing, Briefly compare ...

Briefly compare and contrast the manufacturing and service processes using queuing and assembly lines as your items to compare and contrast

Explain different forecasting techniques, An analyst must decide between tw...

An analyst must decide between two different forecasting techniques for weekly sales of roller blades: a linear trend equation and the naive approach. The linear trend equation is

Cisco systems NPI, 1. Using an appropriate operations framework outline the...

1. Using an appropriate operations framework outline the challenges / risks faced by Cisco in introducing a new product. 2. What are the general operational / supply chain issues i

Explain growth rates of newly industrialized countries, The growth rates of...

The growth rates of newly industrialized countries are burgeoning between 5 and 11% That is a little over two times the growth rates of developed countries. Why do you think tha

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