Determine the required factors of production in a company, Operation Research

1)  Provide a description of the required factors of production, grouping them according to whether the factors of production are

a) Fixed and hence unlikely to vary much according to the quantity of goods sold (e.g. overheads); or

b) Variable and hence likely to increase with increased production

Use the above information to comment on the likely overall cost structure of your business . 

For example:  Are fixed costs large or small relative to variable costs?  Does this mean that the firm's 'optimal' size is likely to be small, medium or large?

Posted Date: 3/29/2013 2:02:11 AM | Location : United States







Related Discussions:- Determine the required factors of production in a company, Assignment Help, Ask Question on Determine the required factors of production in a company, Get Answer, Expert's Help, Determine the required factors of production in a company Discussions

Write discussion on Determine the required factors of production in a company
Your posts are moderated
Related Questions
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

undertake the proposed research investigation in accordance with the agreed specification and procedures

Mode  of Presentation A strategy  needs to be  chalked out for  a satisfactory  rendering of the  topic. The  man oeuvres are going  t vary  with a  change in the  manner  of


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 in

User Groups: The next step would be to identify more specifically the potential user groups. This may be done on the basis of interviews, questionnaires, study of organisation

Hypothesis  Building and Testing The foundation of hypothesis building  lies in discovering links between  elements  of your data. CAQDAS can help you to  discover these links

The NW  corner  rule  described  earlier considers only  the availability  and supply  requirements  in making  assignments. It takes  no account  of the shipping  costs  given  in

role of computer software in operation research

how to solve operation research optimization questions