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 what types of strategic plans must shoemaker make, Kathryn Shoemake...

Kathryn Shoemaker established Grandmothers Chicken Restaurant in Middleburg five years ago. It features a unique recipe for chicken,just like grandmother used to make.The facility

Explain that item as well as a few other items on the return, Tony taxpayer...

Tony taxpayer´s return has come up for audit by the Internal Revenue Service (IRS). He took some deductions this year for an office in his home. Amelio Auditor at the IRS has disal

Explain how it affects the body in a negative way, A good thesis statement ...

A good thesis statement on the subject- Working Overtime: How it affects the Body in a Negative Way

Plant location evaluation methods.., i need calculated examples using the m...

i need calculated examples using the methods of plant location evaluation.how are they calculated?

Explain cultural differences between chin and google, Google, the company w...

Google, the company with the mission to make the worlds information universally accessible has come under fire with its re-launch of Google-China. It seems that the lure of the sec

What is lead time, (a.)    Give an example (with justification) of a produc...

(a.)    Give an example (with justification) of a product for which EOQ ordering is more sensible (i.e., more economical) than JIT ordering. (b.)  What is lead time ?  What wou

Explain regulatory organizations, "Regulatory Organizations" Please respond...

"Regulatory Organizations" Please respond to the following: • Evaluate the effectiveness of JCAHO%u2019s recommendations for emergency preparedness. Discuss which recommendation

Explain activity would be reduced, You will find that some resources are la...

You will find that some resources are labor-based while others are not. For example, let's say you had one person initially scheduled for a job and it was going to take ten days. L

Explain computer criminals become more innovative, Identify potential ethic...

Identify potential ethical challenges that may be faced by security professionals as technology advances, applications become more mobile, and computer criminals become more innova

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