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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.
Nature of Production and Operation Management Operations management is frequently used all along with production management in literature on the subject. It is hence useful to
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Need help with paper for this class? Attain faculty approval as you select one of the following organizations: • Global Crossing • Tyco • WorldC
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