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