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

Business ethics and corporate social responsibility, Explain the relationsh...

Explain the relationship among 'Business Ethics' and 'Corporate Social Responsibility' Ethics may be viewed as a set of moral principles that guide behaviour, based on what is

Determine the optimal solution nonlinear programming model, The Hickory Cab...

The Hickory Cabinet and Furniture Company makes chairs and tables. The company has developed the following nonlinear programming model to determine the optimal number of chairs (x1

Explain current design strategy, In what ways does an airline alliance refl...

In what ways does an airline alliance reflect each of the four dominate themes of current design strategy?

Backward scheduling - scheduling techniques, Backward scheduling - Scheduli...

Backward scheduling - Scheduling Techniques Backward scheduling is another way of scheduling which is based on the as late possible approach with the condition that the jobs

Define advantage and disadvantages of using optical scanners, What are the ...

What are the advantage and disadvantages of using optical scanners to score the results of a test?

Explain american multinational business in a foreign country, What requirem...

What requirements should be recommended to represent an American multinational business in a foreign country?

Explain organization predict the short and long- term future, How do organi...

How do organization predict the short and long- term future? Explain in detail how a downturn in the economy affects not-for- profit organizations, as opposed to for-profit ones.

Explain what are the challenges associated with erp system, Research ERP sy...

Research ERP systems by visiting the ERP company provider website of your choice (i.e., SAP, Ellucian, Oracle, Peoplesoft, Microsoft, Workday, etc.) Write an essay of between 750-1

Explain delegation of authority, Explain delegation of authority. Dele...

Explain delegation of authority. Delegation of authority: Delegation may be described as the entrustment of responsibility and authority to the other and the creation of acco

Explain the three forms of ownership, Answer the following questions on the...

Answer the following questions on the Topic of Forms of Business Ownership 1. Describe the three forms of ownership. Describe two advantages and two disadvantages of each. 2.

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