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

Developing an layout, What is the difference in strategy in developing an i...

What is the difference in strategy in developing an initial layout for a new facility as comparedn to the strategy in improving the layout of an existing facility?

Explain methods of ''on - the job training'' for managers, Explain methods ...

Explain methods of 'On - the Job Training' for Managers. Methods of 'On - the Job Training' for Managers : (i) Experience: In this method a person who is to do something a

Supply, Introduction about law of supply

Introduction about law of supply

Determine a transportation schedule, Question: A company has to make pr...

Question: A company has to make product deliveries from one of its four warehouses to customers in three areas. The table below shows the transportation costs (Rs) per product,

Identify issues management wants to address, Identify issues management nee...

Identify issues management needs to address. Analyze and evaluate the issues identified and a set of actions management should take to address the issues identified.

Least factors to a project manager when building a team, Compare and contra...

Compare and contrast attributes that are most and least important to a project manager when building a team. Provide a work or project example to support your answer. Back up your

Explain factors that influence an organizational structure, Discuss at leas...

Discuss at least three factors that influence how an mnc selects an organizational structure

Scheduling - production control, Scheduling Meaning and Definition ...

Scheduling Meaning and Definition Scheduling is the next technique of production control. In production control scheduling  means  the  arrangement of different operatio

Explain how to expand company, How to expand company, drive growth, and not...

How to expand company, drive growth, and not sacrifice margins?

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