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.
1. Chapter One : Introduction to engineering economics - p. Page xv 2. Chapter Two : The basic concepts of economics - p. Page 6 3. Chapter Three : Categories of economic system - p. Page 21 4. Chapter Four : Laws of demand and supply - p. Page 30 5. Chapter Five : Value and equilibrium price - p. Page 41 6. Chapter Six : Wealth and time value of money - p. Page 51 7. Chapter Seven : Cost accounting for engineers - p. Page 71 8. Chapter Eight : Corporate social responsibilities - p. Page 83 9. Chapter Nine : Principles of management - p. Page 92 10. Chapter Ten : Factors for production - p. Page 92 11. Chapter Eleven : Cost of production - p. Page 109 12. Chapter Twelve : Economies of scale - p. Page 123 13. Chapter Thirteen : Demand forecasting - p. Page 130 14. Chapter Fourteen : Decision theory - p. Page 150 15. Chapter Fifteen : Total productive maintenance - p. Page 157 16. Chapter Sixteen : Break-even and make-or-buy analyses - p. Page 176 17. Chapter Seventeen : Creativity and Kaizen - p. Page 190 18. Chapter Eighteen : Material layout planning - p. Page 202 19. Chapter Nineteen : Value engineering and engineering economics - p. Page 211 20. Chapter Twenty : Plant location and layout - p. Page 220 21. Chapter Twenty-one : Scientific inventory control - p. Page 241 22. Chapter Twenty-two : Machinery replacement analysis - p. Page 256 23. Appendix I : Syllabi of Indian universities - p. Page 266 24. Appendix II : Syllabi of foreign universities - p. Page 274 25. GENERIC-TITLE - p. Page 274 26. Index - p. Page 274
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.
1. Chapter One : Introduction to engineering economics - p. Page xv 2. Chapter Two : The basic concepts of economics - p. Page 6 3. Chapter Three : Categories of economic system - p. Page 21 4. Chapter Four : Laws of demand and supply - p. Page 30 5. Chapter Five : Value and equilibrium price - p. Page 41 6. Chapter Six : Wealth and time value of money - p. Page 51 7. Chapter Seven : Cost accounting for engineers - p. Page 71 8. Chapter Eight : Corporate social responsibilities - p. Page 83 9. Chapter Nine : Principles of management - p. Page 92 10. Chapter Ten : Factors for production - p. Page 92 11. Chapter Eleven : Cost of production - p. Page 109 12. Chapter Twelve : Economies of scale - p. Page 123 13. Chapter Thirteen : Demand forecasting - p. Page 130 14. Chapter Fourteen : Decision theory - p. Page 150 15. Chapter Fifteen : Total productive maintenance - p. Page 157 16. Chapter Sixteen : Break-even and make-or-buy analyses - p. Page 176 17. Chapter Seventeen : Creativity and Kaizen - p. Page 190 18. Chapter Eighteen : Material layout planning - p. Page 202 19. Chapter Nineteen : Value engineering and engineering economics - p. Page 211 20. Chapter Twenty : Plant location and layout - p. Page 220 21. Chapter Twenty-one : Scientific inventory control - p. Page 241 22. Chapter Twenty-two : Machinery replacement analysis - p. Page 256 23. Appendix I : Syllabi of Indian universities - p. Page 266 24. Appendix II : Syllabi of foreign universities - p. Page 274 25. GENERIC-TITLE - p. Page 274 26. Index - p. Page 274
