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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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Joseph George Konnully
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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.

Uploaded by

Joseph George Konnully
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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