Managerial functions of planning,organising,staffing & directing is not complete until d last phrase of the managament cycle is performed. Discuss.

Looks like your homework assignment. How about YOU begin the discussion.

1.the ability to see the organization as a whole and being aware how changes in any one of the organization affect all the other parts is known as
(a) leading skill
(b) human skill
(c) conceptual skill
(d) organizing skill

I will give the answer THIS time... "Feedback." That completes the cycle.

The company has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. If a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile.

(1.) Using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation.

(2.) Express the variable and fixed costs in the form Y= a + bX.

(3). If a truck weredriven 100,000 miles during a year, what total cost would you expect to be incurred?

Quote:

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Originally Posted by bigsexy31

The company has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. If a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile.

(1.) Using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation.

(2.) Express the variable and fixed costs in the form Y= a + bX.

(3). If a truck weredriven 100,000 miles during a year, what total cost would you expect to be incurred?

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OOoooppps!. sounds like I would be answering your homework... we don't do that here. If I am wrong please explain how this question (different from your original questions) applies (other than homework... )

Stringer