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Terms
Fixed Cost
3 Definitions
A cost that does not vary with the amount or degree of production. The costs that remain if an activity or process stops
defined
by
6SixSigSigma
Costs that do not change in the short term as a function of changes in production volumes, distribution volumes, labor or machine hours.
defined
by
Lean Affiliates
Cost that does not vary with volume of output.
defined
by
PCoE Oregon .Gov
Related terms
Cost-Plus-Fixed Fee (CPFF) Contract
Activity Based Costing (ABC)
Fixed-Price-Contract
Variable Costs
Fixed Overhead