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 why is exporting the popular initial entry method, Why is exporting...

Why is exporting the most popular initial entry method?

Explain organization integrate the concept of compensation, Christian World...

Christian Worldview. How might an organization integrate the concept of compensation systems from an internal and external perspective, with an understanding of those same or simil

Normal time, a time study was made of a punch press operator. the average o...

a time study was made of a punch press operator. the average observed time after discounting non normal occurrence was 0.52 minutes per unit. the operator performance was judged to

Factors for best path for data among two points on a network, Name three fa...

Name three factors that a router must consider when determining the best path for data between two points on a network?

Explain what happens to the leased property, Ann leases an office in Ted's ...

Ann leases an office in Ted's building for a one-year term. At the end of the period specified in the lease, the lease ends without notice, and possession of the office returns to

Five forms of waste within manufacturing organisations, Describe FIVE forms...

Describe FIVE forms of waste within manufacturing organisations that lean process improvement aims to eliminate. Inventory (all components, work in progress and ended produ

How to determine the upper control limit, Six samples of subgroup size 5 (n...

Six samples of subgroup size 5 (n=5) were collected. Determine the upper control limit (UCL) for an X-Bar chart if the mean of the sample averages is 4.7 and the mean of the samp

Describe cloud computing and web 2.0, In this research paper, you will rese...

In this research paper, you will research cloud computing and Web 2.0 and write a two- to four-page (500-1000 word) research paper explaining the business uses of each. Using the i

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