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

What is risk of entry by competitors, This is what i know about Porters Mod...

This is what i know about Porters Model. It is the systematic analysis of forces in the industry environment using the Porter framework is a prowerful tool that helps managers to t

Describe the differences between a 3rd party beneficiary, Explain the diffe...

Explain the differences between a 3rd party beneficiary and a 3rd party assignee. Why are assignments of contracts so important for our free enterprise economy?

Explain why is following up important with participants, Why is following u...

Why is following up important with participants who did not show up for their scheduled participation in your research?

Define the reasons pandora would create a disaster recovery, Describe the r...

Describe the reasons Pandora would create a disaster recovery plan and a business continuity plan

Explain competitors seem strongest against google, Goggle's Strategy 2010: ...

Goggle's Strategy 2010: Which of the five competitors seem strongest against Google? Weakness? What is your assessment of overall industry attractiveness?

Explain secure an access database, 1. To delete the filter shown below clic...

1. To delete the filter shown below click Filter in the Sort & Filter group and select Clear Filter. Click Remove Filter in the Sort & Filter group. Right click on any number in th

#tLean synchronization, Examples of how companies use lean synchronization ...

Examples of how companies use lean synchronization to reduce the environmental impact of their products

Explain development of the germ theory of disease, In the 19th century hosp...

In the 19th century hospitals had notorious reputations questionable places to visit, risky places to stay. What advances changed all this? a.development of the germ theory of d

How to compute capacity utilization rate last of a month, 1. A manufacturin...

1. A manufacturing shop is designed to operate most efficiently at an output of 550 units per day. In the past month the plant produced 490 units. What was its capacity utilization

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