Overhead refers to the fixed and variable costs that a business incurs as part of its operations, but which are not directly tied to the production of goods or services.

What are the types of overhead?

Overhead is typically classified as fixed overhead (costs that do not change with business activity, such as rent or salaries) and variable overhead (costs that fluctuate with production, such as utilities or office supplies).

How can I reduce overhead costs?

To reduce overhead costs, businesses can optimize operational efficiency, outsource non-core functions, automate processes, or renegotiate fixed costs like leases. Regularly reviewing and monitoring overhead expenses can also help identify areas where cost savings are possible.

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What is OVERHEAD?

PAIR CORRELATION COEFFICIENT

Pair Correlation Coefficient measures the correlation between price movements of two assets.

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PAIR CORRELATION COEFFICIENT

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