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IE59000 - Manufacturing Economics

Fall 2015

Days/Time: TBA / TBA
Credit Hours: 3

Learning Objective:
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.

Description:
*this page is tentative and subject to change without notice* Fundamentals of industrial and manufacturing economics; replacement theory; revenue, cost, and profit analyses.

Topics Covered:
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.

Prerequisites:
None.

Applied/Theory: 60/40

Web Address:
https://engineering.purdue.edu/~tanchoco/Access/590ME

Homework:
Maximum of 5 assignments; 10% of final grade.

Projects:
None.

Exams:
Three exams (30% ea.).

Textbooks:
No textbook - class notes will be given.

Computer Requirements:
ProEd Minimum Computer Requirements. MS Word, MS Excel.

ProEd Minimum Requirements: view

Tuition & Fees: view

Other Requirements:
None.

T. B. D.
Phone
None
Email
proed@purdue.edu
Office
Campus
Building
Address
West Lafayette, IN 47907