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

In a rectangular game, pay-off matrix of player A is as follows: i) Solve the game. ii) Write down the pay-off matrix of B and then, solve the game.

procedure of mip

application&techniques

This method involves a systematic and comprehensive study of a particular community organization group etc, with a view to the analysis of a social problem and the presen

different classification of models in operation research

QUESTION Discuss the major sources of stress and job burnout and outline the strategies for managing stress. QUESTION How can you use the „Johari Window Model? as a

Select five Operations Research techniques and describe in detail the real world application of such techniques in business decision making.

A paper mill products two grade of paper viz., X & Y. Because of raw material restriction, it cannot produce more than 400 tons of grade X paper & 300 tons of grade Y paper in a we

Panel Sampling Here the initial  samples are down  on random  basis  and information  from  these is collected  on regular  basis. Itis  semi permanent sample where members may