IE59000 - Manufacturing EconomicsFall 2017
Days/Time: TBA / TBA
Credit Hours: 3
1. To develop an understanding of industrial and manufacturing economics. 2. To learn modeling techniques applied to machine replacements. 3. To acquire basic knowledge of the interactions among revenues derived and costs incurred. 4. To provide understanding of integration issues in manufacturing economics.
*this page is tentative and subject to change without notice* Fundamentals of industrial and manufacturing economics; replacement theory; revenue, cost, and profit analyses.
Cash flow modeling; Estimating manufacturing costs; Equipment replacement studies; Capacity expansion decisions; "To make" or Not to make" decisions; Revenue and Cost Analyses; Profit volume analysis; Misc. topics.
Maximum of 5 assignments; 10% of final grade.
Three exams (30% ea.).
No textbook - class notes will be given.
ProEd Minimum Computer Requirements. MS Word, MS Excel.
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