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

Calculate mape for management''s technique, Sales of vegetable dehydrators ...

Sales of vegetable dehydrators at Bud Banis' discount department store in St. Louis over the past year are shown below. Management prepared a forecast using a combination of expone

Explain discussions of health law, What is "authentication" in terms of ele...

What is "authentication" in terms of electronic signatures, and why is it relevant to discussions of health law?

Describe what these two service level mean, A cigar company stocks Cuban ci...

A cigar company stocks Cuban cigars that have variable lead times because of the difficulty in importing the product. Lead time is normally distributed with an average of 6 weeks a

Explain future hold for traditional mass-media advertising, What does the f...

What does the future hold for traditional mass-media advertising?

Explain why employees join unions, Over which of the principle reasons why ...

Over which of the principle reasons why employees join unions does a supervisor have the most direct control?

Vertically integrated or virtual organisation, Vertically Integrated or Vir...

Vertically Integrated or Virtual Organisation An organisation might decide not to source goods or services externally but to own the supplier company itself. For instance a

Organizational goals, outline major benefits of organizational goals and d...

outline major benefits of organizational goals and describe the situation in which have observe the benefiys

Explain affect your overall impression of the candidate, How does the use o...

How does the use of music in political play a role in establishing a candidate's brand? Does a candidate's use of a song you like (or dislike) affect your overall impression of the

Factor for plant location choice - availability of transport, Factor for pl...

Factor for plant Location choice - Availability of Transport There are five basic modes of physical transportation air road rail water and pipeline. Goods intended for export

Activities of operation manager in operation management, Responsibilities o...

Responsibilities of Operations Managers in Operation Management The responsibilities of operations managers  1. Understand and participate in setting business strategy

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