Explain variable costs, Operation Management

Assignment Help:

Explain Variable costs.

Variable costs conversely, tend to vary directly along with the volume of output. Illustrations of variable cost are: -

* Direct production labour cost

* Direct Materials cost

* Direct Expenses.


Related Discussions:- Explain variable costs

Linear Programming Problem, A paper mill produces two grades of paper viz.,...

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

What is collective bargaining process, What are three cost-containment meas...

What are three cost-containment measures that were implemented through the collective bargaining process in 1985? Why were these considered milestones in curtailing health benefit

What are the advantages of predetermined time standards, What are the advan...

What are the advantages of predetermined time standards (PTS)?  Answer: Quicker and cheaper than time study; likely to be more reliable; valuable for estimating new jobs; can be

Evolution of the supply chain, Evolution of the supply chain  Procurem...

Evolution of the supply chain  Procurement, materials management and logistics management activities can be combined by the integration of software packages such as ERP. For m

Customer interface, as a customer service employee to university explain me...

as a customer service employee to university explain measures you would recommend to make even displeased student to patronise the school canteen

How determining the productivity of his organization, Eric Johnson makes bi...

Eric Johnson makes billiard balls in his New England plant. With recent increases in his costs, he has a newfound interest in efficiency. Eric is interested in determining the prod

Explain what challenges does adam-woodford face, What challenges does Adam-...

What challenges does Adam-Woodford face as he develops his five year product roadmap?

Explain how this can affect people''s sense of responsibility, In the morde...

In the mordern world most people work in organisations. Describe how this can affect people's sense of responsibility and the morality of their conduct.

What is benchmark for future comparison, Cunningham Performance Auto, Inc.,...

Cunningham Performance Auto, Inc., modifies 375 autos per year. The manager, Peter Cunningham, is interested in obtaining a measure of overall performance. He has asked you to prov

Historical development of operations management, explain the evolution of o...

explain the evolution of operations management, highlighting the key stages of developments taken place in the operations management practices in modern day organizations.

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