Explain statistical cost estimation technique, Operation Management

Assignment Help:

The technique that estimates long-run costs and the minimum efficient scale by determining the scale of operation at which most firms in an industry are concentrated is called the-

Statistical cost estimation technique

Engineering estimation technique

Back-of-the-envelope approach

Survivor approach


Related Discussions:- Explain statistical cost estimation technique

Define save money before announcing the restructuring plans, Should GM have...

Should GM have taken any additional steps to save money before announcing the restructuring plans?

Explain rules of the irs and department of labor, Rules of the IRS and depa...

Rules of the IRS and department of labor determine which workers quailfy as indenpendent contractor?

Management believes to solve linear programming problem, The Northwest Flow...

The Northwest Flower Company owns a greenhouse, which furnishes roses and carnations to florists in Oregon, Washington, and Idaho. The greenhouse can grow any combination of the tw

Understanding or knowing customer - customer satisfaction, Understanding or...

Understanding or Knowing Customer - Customer Satisfaction and Service Quality Involves making the effort to understand the customer's needs. It involves: learning the customer

Explain why is forecasting important for an organization, Why is forecastin...

Why is forecasting important for an organization? Which company do you believe to be successful at forecasting and why?

Products and services of a company - customer perspective, Products and Ser...

Products and Services of a Company - Customer Perspective In this perspective, the company needs to depict the way by which the internal and external customers value the compa

Explain how does the institutional environment, How does the institutional ...

How does the institutional environment and view come into play for Oxford in this case?

Explain process capability index, Determine the Process Capability Index of...

Determine the Process Capability Index of the three processes given below and determine whether the processes are capable or not. Process Mean Variance Lower Specification Limi

Find what is the maximum profit, The Outdoor Furniture Corporation manufact...

The Outdoor Furniture Corporation manufactures two products, benches and picnic tables, for use in yards and parks. The firm has two main resources: labor and redwood. A linear pro

Explain different components of the marketing mix, What is the definition o...

What is the definition of marketing? What are the benefits and drawbacks of incorporating marketing into the sales function of an organization? Do you think that marketing should b

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