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Books > Business & Economics > Business & management > Ownership & organization of enterprises
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Production Economics - Evaluating Costs of Operations in Manufacturing and Service Industries (Hardcover)
Loot Price: R4,805
Discovery Miles 48 050
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Production Economics - Evaluating Costs of Operations in Manufacturing and Service Industries (Hardcover)
Series: Industrial Engineering
Expected to ship within 10 - 15 working days
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This book serves a unique purpose within the world of engineering.
It covers the economics of modern manufacturing and focuses on
examining the techniques and methods from a cost perspective. It
can be used by both students and professionals alike. The book is
useful to students in industrial engineering and mechanical
engineering programs as a primary textbook for engineering economy,
production costing, and related courses. It can also be used by MBA
students specializing in production management and finance.
Specific topics of coverage include the computation of direct and
indirect cost for manufacturing operations, including a variety of
overhead operations in such an environment. Costing of
manufacturing methods such as casting, forging, turning, milling,
and welding is addressed along with inventory analysis. The book
also includes fundamental concepts such as cash flow analysis,
present and future worth analysis, and rate of return analysis.
Related topics such as equipment replacement, comparison of
alternatives, depreciation, buy versus make decisions, interest
factors, and equivalence are covered in detail as well. Key
Features: Addresses the costing of manufacturing operations through
a step-by-step problem solving approach. Includes traditional
engineering topics such as cash flow analysis, present worth,
future worth analysis, replacement analysis, equivalence, and
depreciation are addressed in depth as well. Offers a variety of
solved examples that can be used to develop a thorough
understanding of the underlying concept. Provides a number of
practice problems at the end of each chapter. Presents a large
number of figures and tables in almost every chapter, to assist in
visualizing the concept and apply it successfully. Production
Economics: Evaluating Costs of Operations in Manufacturing and
Service Industries focuses on rigorous problem solving. Each topic
is presented succinctly along with numerous solved examples, along
with a large number of end-of-chapter practice problems where
applicable.
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