Question

Logistics variable and costs interact in a complex and indirect way.

13 Feb 2018
Answer :
Word Count : 330

Semi-variable cost (also referred to as semi-fixed cost) is often used to project financial performance at various scales of production, where it is an expense which contains both a fixed-cost component and a variable-cost component. It is related to the scale of production within the business where there is a fixed cost which remains constantacross all scales of production whilst the variable cost increases proportionally to production levels.

 

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