Overview

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.

Full Product Details

Author:   D.R. Kiran (International Consultant in Industrial Engineering and Management, India)
Publisher:   Elsevier - Health Sciences Division
Imprint:   Butterworth-Heinemann Inc
Weight:   0.540kg
ISBN:  

9780323998628

ISBN 10:   0323998623
Pages:   330
Publication Date:   20 January 2022
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand  
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Section 1 - Theories and Laws of Economics 1. Introduction to Engineering Economics 2. The Basic Concepts of Economics 3. Categories of Economic System 4. Laws of Demand and Supply 5. Value and Equilibrium Price 6. Wealth and Time Value of Money 7. Cost Accounting for Engineers 8. Corporate Social Responsibilities Section 2 - Principles of Engineering Economics 9. Principles of Management 10. Factors for Production 11. Cost of Production 12. Economies of Scale 13. Demand Forecasting 14. Decision Theory Section 3 - Applications of Engineering Economics 15. Total Productive Maintenance 16. Break-Even and Make or Buy Analyses 17. Creativity and Kaizen 18. Material Layout Planning 19. Value Engineering and Engineering Economics 20. Plant Location and Layout 21. Scientific Inventory Control 22. Machinery Replacement Analysis

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Author Information

D.R Kiran has forty years of experience in both industry and academia. He has held a range of management positions including Planning Manager of Rallifan (CF division), World Bank Adviser/Instructor for Transport Managers in Tanzania, and the Principal of PMR Institute of Technology, Chennai. In Universities he has taught subjects including Total Quality Management, Professional Ethics and Maintenance Engineering Management. He is the author of 2 books, and numerous journal articles, and was presented with the coveted Bharat Excellence Award and Gold Medal for Excellence in Education in New Delhi in 2006.

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