fixed and variable costs?

Question

I have to do a research presentation on fixed and variable costs and how management uses them in decision making. What industry should I focus this on?

Answer 1

Automobile manufacturing. Fixed costs are plants and equipment. Variable costs are labor, raw materials, utilities.

Answer 2

i would try to focus on a seasonal type of industry. one that during the holidays has to have variable costs for additional staff, marketing and advertising etc.

A seasonal industry is activity within an economic sector in which the majority of operations take place during only part of the year, generally in the context of a single country or region. In some cases, as with agriculture, this limitation may relate to climate or other forces of nature. In others, the seasonality may relate to annual variations in human activity (for example, tourism, restaurants, some forms of manufacturing).

Seasonal industries often feature large swings in labor force size, and in many cases, precipitate mass migrations of workers.