An Example of a Committed Fixed Cost Is

question 74

Multiple Choice

An example of a committed fixed cost is:

• A)a training program for salespersons.
• B)executive travel expenses.
• C)property taxes on the factory building.
• D)new product research and development.

---

Definitions:

PID Control

A control loop mechanism employing proportional, integral, and derivative terms to control a process, widely used in industrial control systems.

Inexpensive

Referring to a product, service, or item that has a low cost or price, making it affordable to a wide range of consumers.

Set-point Control

A control system method where a device adjusts its operation to maintain a process variable at a desired set-point or value.

Open Loop Control

A control system where the control action is independent of the output, lacking feedback from the process being controlled.