concept of "opportunity cost" can be attributed to planning and financial terminology.It is connected with the use of material resources, raw materials, technical, human and other resources, which play an important role in the production process.Especially important is the accurate accounting of the costs of enterprises, it is not cost-effective or experiencing some other problem.Rational use of all material and technical basis in this case, can help businesses stay afloat.
Alternative production costs - are the resources spent on the production of one type of product and otsenёnnye from the standpoint of lost opportunities to use them in other, alternative purposes.Thus, on account of the company has some amount of money.And the need to upgrade technical equipment - purchased several machines.At the same time, an additional amount of raw materials needed for manufacturing.Kupyatsya machines - does not buy raw material, and vice versa.The management company should calculate the options and determine which investment will be more profitable and bring production more benefits.
Consequently, the opportunity cost - the cost of this kind is that, when applied in one place may not apply in another.Their main properties - the limited and rare.If a woman spends her available money to buy cosmetics, buy them at the same time as medicines or food, a thing, etc.she will not be able.Therefore, using any resource in one area, we lose the opportunity to apply it as something else.This law applies to everyday human life and activities, and financial, scientific, industrial areas in the amount of entire countries, states.Especially affected the interests of the production plants.
By virtue of such a feature any decision on the production, release of products, goods, etc.forces refuse to use the same resources for the manufacture of other products or other goods.And the costs spent on the production, and there are opportunity costs.
A farmer in the area cultivated crops such as zucchini and tomatoes.Under each assigned to a certain area.But once a farmer has decided that it is necessary to grow more tomatoes.To do this he will have to take away part of the plot of the beds with zucchini, reduce the area of land on which grow zucchini.The opportunity cost of each bush tomato with fruits can be expressed in the amount of zucchini, which is now the farmer will receive less from the land resources under the tomatoes.
It is clear that, although this example is given for the production of two kinds, in fact there are far greater.In this case, the opportunity cost can be measured by money.Then the cost will be taken as the difference between the profit that can be obtained under the most favorable of all the alternatives for the use of resources, and the return that can be obtained actually.
We must remember that not all the costs of production are considered alternative.Typically, any use of resources is planned, and distributed in advance Rounds (rental buildings at the opening of the new office, the purchase of office equipment and other equipment, carrying out repairs in the building, and so on).These costs in the economic choices do not participate and do not perform the function of alternatives.
Speaking of opportunity costs in the enterprise, it should be mentioned for their internal and external nature.Appearance - is a clear, here are wage workers, payments for raw materials, fuel, transport and energy.IeThis money paying those resources that the company acquired.Implicit or domestic - are those costs to use resources that can manage the owners of firms, companies, etc.
