436203 Manufacturing Studies 1 436284 Organisational Engineering

1
436-203 Manufacturing Studies 1436-284
Organisational Engineering
Unit 2 - Engineering Economics
2
Organisation

• Lecturer Dr A. J. R. Smith
  Room F105, Bldg 169 ajrs_at_mame.mu.oz.au
• Tutors Dr A. Smith
• Mr Leigh Robinson leigh.robinson_at_gmail.com
• Safety
• Follow all directions regarding safety

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
3
Organisation

• Lectures
• Tuesdays, 10 - 11, Harold Woodruff
  (Microbiology) weeks 2 - 12
• Thursdays, 10 - 11, Trikojus (Biochemistry) weeks
  2, 3, 5 and for catch up/make up lectures
• Practice classes begin in week 4
• Tue 215 - 315 (Berry 213), 415 - 515
  (D310),
• Thu 9 - 10 (Berry 213), 11 - 12 (D310), 215 -
  315 (D310), 315 - 415 (D310)

4
Changes to Alloc8

• DINH, Jason Thuan -gt Thu 9 or Tue 215?
• Thursday 11, 215 315 exceed capacity SOME
  people move to Thu 9 or Tue 215

5
Assessment

• Unit 70 final examination 30 problem
  sheets (4 assessed sheets)
• 436-203 50 Production Processes 50
  Engineering Economics
• 436-284 50 Industrial Psychology 50
  Engineering Economics

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
6
Unit Overview

• Role of engineers in business
• costing and financial management
• Cost of designs
• Measurement of economic performance
• Assessment of equipment purchase proposals
• Competitive methods
• Efficient manufacture management

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
7
Lectures

• Topics will approximately follow the chapters in
  the recommended text Financial and Management
  Guidelines for Manufacturers - Introduction to
  Engineering Economics - E. J. Colville
• available from the bookroom (2003 edition)
• Extra notes will be provided if and as
  required

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
8
Web Notes

• Overheads used in lectures will be loaded within
  a couple of days after each lecture
• ( follow your nose from http//www.mame.mu.oz.au/u
  grad/subjects.html)
• Notes for the following one to two lectures will
  be loaded as looking ahead
• Assessed problem sheets will be loaded

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
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Direct Web Address

• http//www.mame.mu.oz.au/economics/index2005.htm

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
10
Response to Student Feedback

• Subject continued improvement trend (Response
  still room for improvement).
• Tutorials and assignments valued better
  synchronisation between lectures and tutorials
  (R should be possible with two lecture slots
  this year)
• Concern over three lecturers/quite different
  units (R being addressed).

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
11
The Context

• We begin by setting the wider context in which a
  company operates (and hence an engineer works)

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering
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The Context

• Both business and technical skills are
  considered necessary to manage and/or supervise
  modern technology based firms, and the service
  industries to support them, in an increasingly
  competitive world.
• Exercise suggest where technical knowledge might
  be needed by managers, and where business skills
  might be needed by engineers

Dr Alan J. R. Smith Mechanical and Manufacturing
Engineering