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 appropriate taguchi loss function, A quality characteristic has a d...

A quality characteristic has a design specification (in inches) of 0.200 +/- 0.020. If the actual process value of the quality characteristic exceeds 0.200 by the tolerance of 0.02

Explain how survey have been more useful, 1. Using a cause and effect diagr...

1. Using a cause and effect diagram (Fish-bone chart), Scatter Diagram, flowchart or Statistical Process control chart, analyze the data and present conclusions. 2. How could th

Explain the marginal productivity of additional firefighters, According to ...

According to the text there appear to be very limited opportunities for input substitution in the production of fire protection services. Which of the following is the most plausib

Explain simple regression analysis is a tool, Simple regression analysis is...

Simple regression analysis is a tool that characterize relationships between a _______________ and _____________________. regression partner, simple partner dependant variab

Explain lean approach to supply chain management, Does a Vendor Managed Inv...

Does a Vendor Managed Inventory system support a "lean" approach to supply chain management? Explain

Explain the business-level strategy, Research the corporate-level of strate...

Research the corporate-level of strategies and evaluate the business-level strategy do you believe is appropriate to offset forces in the industry for Victory Motorcycles. Can you

Explain horizontal and vertical equity, Imagine that the U.S. Congress deci...

Imagine that the U.S. Congress decides to completely overhaul the current federal income tax system because of its tremendous complexity and is considering a flat-rate income tax w

Explain what are the positive and negative impact of tariffs, 1) What are a...

1) What are at least three factors that would motivate a company to set up a foreign operation? 2) What are the positive and negative impact of tariffs? Give a specific example

Decreasing value a demerit of reducing project scope, Why is decreasing val...

Why is decreasing value a disadvantage of reducing project scope to accelerate a project?

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