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Industrial Administration & Financial Management: Effect From The Academic Year 2013 2014

This document outlines the course details for ME 472 Industrial Administration & Financial Management. The course consists of 5 units that cover topics such as industrial organization, work study, quality control, production planning and control, optimization, cost accounting, and financial management. It will be taught over 4 periods per week for a duration of 3 hours. The university examination will be worth 75 marks and sessional exams will be worth 25 marks. Suggested reading materials on related subjects are also provided.
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0% found this document useful (0 votes)
133 views2 pages

Industrial Administration & Financial Management: Effect From The Academic Year 2013 2014

This document outlines the course details for ME 472 Industrial Administration & Financial Management. The course consists of 5 units that cover topics such as industrial organization, work study, quality control, production planning and control, optimization, cost accounting, and financial management. It will be taught over 4 periods per week for a duration of 3 hours. The university examination will be worth 75 marks and sessional exams will be worth 25 marks. Suggested reading materials on related subjects are also provided.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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EFFECTFROMTHEACADEMICYEAR20132014

ME472

INDUSTRIALADMINISTRATION& FINANCIALMANAGEMENT

Instruction
Duration ofUniversityExamination

4 Periodsperweek
3 Hours

UniversityExamination

75 Marks

Sessional

25 Marks

UNITI

IndustrialOrganisation:Typesofvariousbusinessorganizations.Organisationstructuresand
their relative merits and demerits. Functions of management.Plant location and layouts:
Factors affectingthelocationofplantandlayout.Types oflayoutsandtheirmerits and
demerits.

UNITII
Workstudy,Definitions,objectivesofmethodstudyandtimestudy.Stepsinconducting
methodstudy.Symbolsandchartsusedinmethodstudy.Principlesofmotioneconomy.
Calculationofstandardtimebytimestudyandworksampling.Performanceratingfactor.
Typesofratings.Jobsevaluationandperformanceappraisal.Wages,incentives,bonus,wage
paymentplans.

UNITIII
Inspectionandqualitycontrol:TypesandobjectivesofinspectionS.Q.C.,itsprinciples.
Qualitycontrolbychartandsamplingplans.Qualitycircles,introductiontoISO.

Productionplanningandcontrol:Typesofmanufacture.Typesofproduction.PrinciplesofPPCandits
function.Productioncontrolcharts.

UNITIV
Optimisation: Introduction to linear programming and graphical solutions. Assignment
problems. ProjectManagement:IntroductiontoCPMandPERT.Determinationofcritical
path.MaterialManagement:Classificationofmaterials.Materialsplanning.Dutiesof
purchasemanager.Determinationofeconomicorderingquantities.Typesofmaterials
purchase.

UnitV
Costaccounting:Elementsofcost.Variouscosts.Typesofoverheads.Breakevenanalysisand
its applications. Depreciation. Methods of calculating depreciation fund. Nature of Financial
management.Timevalueofmoney.Techniquesofcapitalbudgetingandmethods.

Costofcapital.Financialleverage.

SuggestedReading:
1. PandeyI.M.ElementsofFinancialManagement,VikasPubl.House,NewDelhi,1994.
2. KhannaO.P.,IndustrialEngineeringandManagement,DhanapatRai&Sons.

3.

EverreteE.Adama&RonaldJ.Ebert,Production&OperationsManagement,PrenticeHallofIndia,
5thEdition,2005.

4.

S.N.Chary,ProductionandOperationsManagement,TataMcGrawHill,3rdEdition,
2006.

5.

PaneerSelvam,ProductionandOperationsManagement,PearsonEducation,2007.

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