Opportunity Costs and Managerial Decision Making in a ...
For example, suppose a business spent $10 million on a machine. It will last 5 years and produce 1000 units per year. Suppose materials and labor needed to produce each unit cost $3000. If the cost of the machine is divided over the 5000 units of output it helps produce, that is a cost of $2000 per unit. ................
................
In order to avoid copyright disputes, this page is only a partial summary.
To fulfill the demand for quickly locating and searching documents.
It is intelligent file search solution for home and business.
Related searches
- decision making in financial management
- importance of opportunity costs to decision making
- decision making in the military
- decision making in management pdf
- decision making in the workplace
- decision making in organizations pdf
- effective decision making in organizations
- decision making in business management
- financial decision making in healthcare
- managerial decision making process
- examples of opportunity costs in finance
- decision making in accounting