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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
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Posted By: Bala Member Level: Diamond Rating: Points: 1
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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.
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Responses
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| Author: Bala 11 Dec 2007 | Member 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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