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Supply & Demand Chain Executive Special Issue


Take a look at this special issue of Supply & Demand Chain Executive magazine, all about the Virtual Enterprise and its enabler, the business network. As Dr. Marcell Vollmer, COO of Ariba, says,“Business is no ...



 

Glossary > V > Variable Cost  

 

Variable Cost


Source: Supply Chain & Logistics Glossary
Author: VV.AA.
Institute: Georgia Tech - The Supply Chain and Logistics Institute

Courtesy of


 

Costs that vary directly with the level of activity within a short time. Examples include costs of moving cargo inland on trains or trucks, stevedoring in some ports, and short-term equipment leases. For business analysis, all costs are either defined as variable or fixed. For a business to break even, all fixed costs must be covered. To make a profit, all variable and fixed costs must be recovered plus some extra amount.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 





MADEL: Roadmap to Industry 4.0: Planning & Scheduling in the personal & home care industry


Established in 1977 Madel Spa, is a leading Italian manufacturing company specialized in products for home & personal care. Madel’s mission is the capability to create high-quality and environmentally sustai...