noun Opex refers to operating expenses, which are the costs associated with running a business on a day-to-day basis. These expenses include things like rent, utilities, salaries, and supplies.
In healthcare, opex includes expenses for staffing, medical supplies, equipment maintenance, and facility operations.
Opex in manufacturing covers costs related to production, labor, materials, and overhead expenses.
In IT, opex can include expenses for software licenses, cloud services, maintenance contracts, and other operational costs.
Opex is often used in the telecom industry to refer to ongoing operational expenses related to maintaining and running a network infrastructure.
Opex in the oil and gas sector encompasses expenses associated with drilling, production, transportation, and maintenance of oil and gas assets.
Opex refers to operating expenses incurred by a business in its day-to-day operations, such as salaries, rent, utilities, and supplies.
In the context of a writer, opex may refer to operating expenses related to publishing, marketing, and promoting their work.
For a psychologist, opex could refer to the costs associated with running a private practice, such as rent, utilities, and administrative expenses.
An entrepreneur may use opex to track the ongoing operational costs of their business, including salaries, rent, and supplies.
In accounting, opex is commonly used to refer to the day-to-day expenses incurred by a business, such as wages, rent, and utilities.
Engineers may use opex to calculate the operational costs of maintaining and running equipment or infrastructure projects.