Principles of Economics and Management for Manufacturing Engineering

Principles of Economics and Management for Manufacturing Engineering combines key engineering economics principles and applications in one easy to use reference. Engineers, including design, mechanical, and manufacturing engineers are frequently involved in economics-related decisions, whether directly when selecting materials or indirectly when managers make order quantity decisions based on their work. Having a knowledge of the management and economic activities that touch on engineering work is a core part of most foundational engineering qualifications and becomes even more important in industry.

Covering a wide range of management and economic topics from the point-of-view of an engineer in industry, this reference provides everything needed to understand the commercial context of engineering work.

Autorentext
D.R Kiran has forty years of experience in both industry and academia. He has held a range of management positions including Planning Manager of Rallifan (CF division), World Bank Adviser/Instructor for Transport Managers in Tanzania, and the Principal of PMR Institute of Technology, Chennai. In Universities he has taught subjects including Total Quality Management, Professional Ethics and Maintenance Engineering Management. He is the author of 2 books, and numerous journal articles, and was presented with the coveted Bharat Excellence Award and Gold Medal for Excellence in Education in New Delhi in 2006.

Klappentext

Principles of Economics and Management for Manufacturing Engineering combines key engineering economics principles and applications in one easy to use reference. Engineers, including design, mechanical, and manufacturing engineers are frequently involved in economics-related decisions, whether directly when selecting materials or indirectly when managers make order quantity decisions based on their work. Having a knowledge of the management and economic activities that touch on engineering work is a core part of most foundational engineering qualifications and becomes even more important in industry.

Covering a wide range of management and economic topics from the point-of-view of an engineer in industry, this reference provides everything needed to understand the commercial context of engineering work.

Inhalt

Section 1 - Theories and Laws of Economics
1. Introduction to Engineering Economics

2. The Basic Concepts of Economics
3. Categories of Economic System
4. Laws of Demand and Supply
5. Value and Equilibrium Price
6. Wealth and Time Value of Money
7. Cost Accounting for Engineers

8. Corporate Social Responsibilities

   Section 2 - Principles of Engineering Economics

9. Principles of Management
10. Factors for Production
11. Cost of Production
12. Economies of Scale
13. Demand Forecasting

14. Decision Theory

    Section 3 - Applications of Engineering Economics

15. Total Productive Maintenance
16. Break-Even and Make or Buy Analyses
17. Creativity and Kaizen
18. Material Layout Planning
19. Value Engineering and Engineering Economics
20. Plant Location and Layout
21. Scientific Inventory Control
22. Machinery Replacement Analysis