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 when quality discounts are introduced, When quality discounts are i...

When quality discounts are introduced, will optimum order quantity be made smaller, unchanged, or larger? Illustrate by using a numerical example.

Explain similar job classifications, When you look at the pay of unionized ...

When you look at the pay of unionized employees vs non-union in similar job classifications, what are the differences in terms of amount of pay, how the pay levels are determined,

Compounded annually means, What is the present value of $10000 to be receiv...

What is the present value of $10000 to be received 20 years from now , if the principle is invested at 8% per year, compounded annually ?

Explain evaluating the personal requests of employees, 1. do managers like ...

1. do managers like janis blancero face a more complication when evaluating the personal requests of employees versus evaluating employee's individual work performance ? explain ?

Explain three process steps performed by three machines, Consider the follo...

Consider the following batch-flow process consisting of three process steps performed by three machines: STEP 1 Processing Time: 0.25 Min/Part Processing Time: 0.20 Min/Part Pro

Explain sql commands that are used for data manipulation, What is the role ...

What is the role of structure query language (SQL) in database object creation and information management in a relational database? Identify three SQL commands that are used for da

Explain what is the break even quantity beyond, The first process is expect...

The first process is expected to incur $280,000 of fixed cost and add $60 of variable cost for each unit produced. The second process has fixed costs of $200, 00 and adds $70 per e

Explain reliability required for each component equals, A new aircraft cont...

A new aircraft control system is being designed that must be 98.0% reliable. This system consists of three components in series. If all three of the components are to have the s

Explain how can the organizations prepare, Look into the future. Conside...

Look into the future. Consider trends in society, technology, economics, environmentalism, and politics that can influence the future of W. L. Gore & Associates and Google, Inc.

Explain creating diverse teams is a challenge, Creating diverse teams is a ...

Creating diverse teams is a challenge. All of the following are important steps to include in a plan for bringing diversity to a team, except: a. The organization should publicly c

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