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Anna University B.TECH - Polymer Technology - Semester 7-PROCESS ECONOMICS AND INDUSTRIAL MANAGEMENT


Posted Date: 10 Dec 2007    Resource Type: Articles/Knowledge Sharing    Category: General

Posted By: Bala       Member Level: Diamond
Rating:     Points: 1



CH431 PROCESS ECONOMICS AND INDUSTRIAL MANAGEMENT

PART A

1. PRINCIPLES OF MANAGEMENT AND ORGANISATION
Planning, organisation, staffting, coordination, directing, controlling, communicating, organisation as a process and a structure; types of organisations.

2. PRODUCTION AND MANAGEMENT
Method study; work measurement techniques; basic procedure; motion study; motion economy; principles of time study; elements of production control; forecasting; planning, routing; scheduling; dispatching; costs and costs control, inventory and inventory control.

3. QUALITY AND QUALITY CONTROL
Elements of quality control, role of control charts in production and quality control.

PART B

1. ENGINEERING ECONOMICS FOR PROCESS ENGINEERS

2. INTEREST, INVESTMENT COSTS AND COST ESTIMATION
Time value of money; capital costs and depreciation, estimation of capital cost, manufacturing costs and working capital, invested capital and profitability.

3. PROFITABILITY, INVESTMENT ALTERNATIVE AND REPLACEMENT
Estimation of project profitability, sensitivity analysis; investment alternatives; replacement policy; forecasting sales; inflation and its impact.

4. ANNUAL REPORTS AND ANALYSIS OF PERFORMANCE
Principles of accounting; balance sheet; income statement; financial ratios; analysis of performance and growth.

5. ECONOMIC BALANCE
Different unit operations with single and multiple variables.




Responses

Author: Bala    11 Dec 2007Member Level: Diamond   Points : 1
REFERENCES
1. Davis, G.S., “Chemical Engineering Economics and Decision Analysis”, CENDC, I.I.T., Madras, 1981.
2. Holand, F.A., Waston, F.A. and Wilkinson, J.K., “Introduction to process Economics”, John Wiley, 1974.
3. Sumanth, D.T., “Production Engineering and Management, McGraw-Hill, 1984.
4. Shukla, M.C., “Business Organisation and Management”, Sultan Chand and Sons, 1975.



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