Principles of Economics and Management for Manufacturing Engineering - Softcover

Kiran, D.R.

Softcover

ISBN 10: 0323998623 ISBN 13: 9780323998628

Publisher: Butterworth-Heinemann, 2022

Synopsis

Principles of Economics and Management for Manufacturing Engineering combines key engineering economics principles and applications in one easy to use reference. Engineers, including design, mechanical, and manufacturing engineers are frequently involved in economics-related decisions, whether directly when selecting materials or indirectly when managers make order quantity decisions based on their work. Having a knowledge of the management and economic activities that touch on engineering work is a core part of most foundational engineering qualifications and becomes even more important in industry.

Covering a wide range of management and economic topics from the point-of-view of an engineer in industry, this reference provides everything needed to understand the commercial context of engineering work.

• Covers the full range of basic economic concepts as well as engineering economics topics
• Includes end of chapter questions and chapter summaries that make this an ideal self-study resource
• Provides step-by-step instructions for cost accounting for engineers

About this title

About the Author

D.R Kiran has forty years of experience in both industry and academia. He has held a range of management positions including Planning Manager of Rallifan (CF division), World Bank Adviser/Instructor for Transport Managers in Tanzania, and the Principal of PMR Institute of Technology, Chennai. In Universities he has taught subjects including Total Quality Management, Professional Ethics and Maintenance Engineering Management. He is the author of 2 books, and numerous journal articles, and was presented with the coveted Bharat Excellence Award and Gold Medal for Excellence in Education in New Delhi in 2006.

From the Back Cover

Principles of Economics and Management for Manufacturing Engineering combines key engineering economics principles and applications in one easy to use reference. Engineers including design, mechanical, and manufacturing engineers are frequently involved in economics-related decisions, whether directly when selecting materials, or indirectly when managers make order quantity decisions based on their work. Having a knowledge of the management and economic activities that touch on engineering work is a core part of most foundational engineering qualifications and becomes even more important in industry.

Basic engineering economics theory including cost-benefit analysis, Maslow’s hierarchy of needs, and supply and demand are defined before relevant management concepts are introduced, leading to more detailed discussions of production, demand forecast, decision theory, and value engineering. Covering a wide range of management and economic topics from the point of view of an engineer in industry, this reference provides everything needed to understand the commercial context of engineering work.

Edition details

• Publisher: Butterworth-Heinemann
• Publication date: 2022
• Language: English
• ISBN 10: 0323998623
• ISBN 13: 9780323998628
• Binding: Paperback
• Edition number: 1
• Number of pages: 330