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

Carl thor - performance measures, Carl Thor - Performance Measures Car...

Carl Thor - Performance Measures Carl Thor (1994) highlights the 'family of measures' concept and the alignment of measures across a company. He describes five measurement cat

Explain the role of purchasing, Describe the role of purchasing in contribu...

Describe the role of purchasing in contributing to the profitability of the enterprise

Explain what organizations currently utilize six sigma, What is Six Sigma? ...

What is Six Sigma? Who started it? What organizations currently utilize Six Sigma

Define conflicting need of the variety of stakeholder groups, If you were M...

If you were Monsanto's CEO, how would you best balance the conflicting needs of the variety of stakeholder groups that Monsanto must successfully engage?

Explain what do you think sally should do, Case 2 Individual or Team Reward...

Case 2 Individual or Team Reward? Jack Hopson has been making wood furniture for more than ten years. He recently joined Metropolitan Furniture and has some ideas for Sally Boston,

Explain suppose you run hr at a large organization, Suppose you run HR at a...

Suppose you run HR at a large organization. How will you determine supply and demand? How will employee turnover factor into your decisions? Suppose you want to retain your two

Describe how hr failure in multinational ventures, Examine two primary caus...

Examine two primary causes of HR failure in multinational ventures. Provide an analysis that describes the manner in which each of these causes can be overcome by having the approp

What do you think joe thomas must do about this matter?, What do you think ...

What do you think Joe Thomas should do about this matter?

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