variable cost In A Sentence
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- If they have visibility, it can become a variable cost.
- Shutdown point: is the output and price at which the firm just covers its total variable cost .
- The portion of the marginal-cost curve that lies above average variable cost is the competitive firm's short-run supply curve.
- The author study the minimum cost flow problem with not only fixed cost but also variable cost, and they found it be a mixed 0-1 linear program, and it does not have polynomial time algorithm.
- A firm would choose to shut down if marginal revenue is below average variable cost at the profit-maximizing positive level of output.
- Therefore, total variable cost for each coach was $ 300.
- This TQM article is a case study of a TQM implementation project for Reduction in variable cost.
- The cost accountant then looks at each cost account balance and estimates either the variable cost per unit of cost driver activity or the periodic fixed cost .
- An analytical formula of variable cost as a function of these factors has been derived.
- Its fixed cost is $ 3. The variable cost unit is $ 30 and price is $ 5 unit.
- Standard variable cost is better as any inefficiencies stay in the transferring division and the receiving division starts with a clean slate.
- This will cause average variable cost to fall.
- The most common variable cost is for paid resources , for example , a painter who costs 15 dollars per hour.
- The less variable cost there is, the more the additional revenue earned will contribute to the overall profit.
- The proposed transmission pricing method divides transmission cost into fixed cost, variable cost and additional cost.
- Confirm and monitor variable cost in co - packers and branch to meet the annual budget.
- A variable cost of this product would be the direct material, i . e ., cloth, and the direct labor.
- 4 . the decision model proposed is different from traditional models and variable expense , not variable cost , is considered.
- The SRAVC curve plots the short-run average variable cost against the level of output and is typically drawn as U-shaped.
- AVC is the Average variable cost, AFC the Average Fixed cost, MC the marginal cost crossing the minimum of the Average cost curve.
- An airline seat, for example, has a variable cost of around $ 15.
- Only by omitting such costs from its accounting formula can American claim to be pricing at and not below average variable cost, says the government.
- A company sells a product at $ 60 per unit that has unit variable cost of $ 40.
- Every year, PNC offsets the swans'variable cost by calculating a core index that excludes such cost anomalies.
- In this context a variable cost is one that varies with the number of units the business sells.
- Vaccine sales at high markups in rich countries, needed to sustain variable-cost pricing in poor ones, is a continuing source of political tension.
- The model works best in industries that have low variable cost of production or inventory.
- There fore, total variable cost for each coach was $300.
- They were truly the pioneers who introduced new cost concepts like fixed and variable costs, standard cost, cost centers, relevant costs, etc . in the literature.
- If the objective value of the subproblem is negative, a variable with negative reduced cost has been identified.
- Without any loss of generality, the existence of a nullary constraint c _ empty ( a cost ) as well as the presence of a unary constraint c _ x for every variable x is assumed.
- It can operate in more variable wind speeds and the cost is declining rapidly.
- The constant and variable primary flow design proposals at the chilled water side of the evaporator has an important influence on the operation cost of the system.
- Yet some variable annuities cost less than certain mutual funds.
- It will be a little extra work, but the total cost is still less than the variable speed model.
- The experimental and data collection system for the research on the working principle and energy cost characteristic of the DVM (Digital variable Multi) system in summer is established.
- Then taken the rate of toll-by-weigh as an unknown variable, the annual net cash flow was figured out based on the annual toll revenue, maintenance cost and other costs.
- Employees constitute a fixed cost, whereas consultants are considered to be variable.
- Many lenders were yesterday highlighting moves to reduce the cost of so-called 'standard variable rate ' mortgages in the wake of the cut in interest rates.
- 81 for variable operating and material cost.
- Cost is variable.
- Using method of qualitative theory of ordinary differential equation, studies economic harvesting model with variable price and cost for a single population.
- Short run average cost equals average fixed costs plus average variable costs.
- The objective function on line 20 minimizes the total food cost as the total of each decision variable (amount of food) multiplied by that food's cost per unit.
- Firstly, the cost of fixed-rate mortgages can be a little higher than that of a variable deal.
- But cost should not be the only variable when it comes to choosing a host.
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