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

How do you explain queuing theory, How do you describe queuing theory? How ...

How do you describe queuing theory? How can you use queuing theory in your organization to improve process capability?

Compute total amount spent organize your list by room, Can someone help me ...

Can someone help me with this budget? You are given a budget of 10,000 to furnish and decorate you off campus apt. You have chosen global theme your job is to find items from a

Explain ethics addressed in the business world today, How are leadership tr...

How are leadership traits and ethics addressed in the business world today?

Explain hides the information from the other side, Research suggests that a...

Research suggests that a party with an attractive BATNA will likely receive a more positive outcome if it hides the information from the other side.

Explain the process of outsourcing, Outsourcing The process of outsourci...

Outsourcing The process of outsourcing the creation of a product or a service is a controversial, yet critical strategic decision for many employers. Describe one example from y

Define the functional flexibility workforce, Define the functional flexibil...

Define the functional flexibility workforce. Functional flexibility (task flexibility or multi-skilled employees) associates breaking down traditional occupational restricti

Explain what are the correlation coefficient, Mark Gershon, owner of a musi...

Mark Gershon, owner of a musical instrument dis-tributorship, thinks that demand for guitars may be related to the number of television appearances by the popular group Maroon 5 du

Argument for application of methods of scientific management, 1. What are t...

1. What are the arguments for and against the application of the methods of scientific management? Answer: The main argument against scientific management is that in de-skilling

Evaluate optimal order quantity, (a) Supply chain management is the integr...

(a) Supply chain management is the integration of the activities that procure materials and services, transform them into intermediate goods and the final product, and deliver the

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