Professional Documents
Culture Documents
Industrial Engineering
and Management
Dr. V. Sugumaran
Lecture 01
OBJECTIVES
Understand demand forecasting
techniques and costing
Concepts of industrial engineering
and organization
Principles of work-study and
Ergonomics
Various aspects of plant design and
material handling
EXPECTED OUTCOME
Conduct market research, demand
forecasting and costing
Demonstrating knowledge of
designing plants and controlling
production
Optimize resources of an
organization and improve
productivity
Lesson Plan
Unit 1 - Demand Forecasting and
Elements of Cost
Date
3-Jan-2014
Introduction to topics
7-Jan-2014
Macro and micro economics
Demand and supply Factors influencing demand 8-Jan-2014
10-Jan
2014
Elasticity of demand
17-Jan
2014
Demand forecasting Time series
21-Jan
2014
Exponential smoothing casual forecast
22-Jan
2014
Delphi method Correlation and Regression
24-Jan2014
Barometric method Long run - Short run forecast.
Lesson Plan
Unit 2 - Industrial Organisation
Date
4-Feb2014
5-Feb2014
7-Feb2014
11-Feb2014
12-Feb2014
14-Feb2014
CAT-1 SYLLABUS
Case study
Lesson Plan
Unit 3 - Work Design
Introduction to work study
Work sampling
Ergonomics.
Date
26-Feb2014
28-Feb2014
4-Mar2014
5-Mar2014
7-Mar2014
12-Mar2014
Lesson Plan
Unit 4 - Plant Layout and Group
Technology
CAT-2
SYLLABUS
CRAFT
Date
14-Mar2014
18-Mar2014
19-Mar2014
21-Mar2014
25-Mar2014
26-Mar2014
Lesson Plan
Unit 5 - Production Planning and
Control
Kanban system
Just in time
Date
23-Apr2014
25-Apr2014
-do29-Apr2014
-do30-Apr2014
2-May2014
6-May-
TEXT BOOKS
1. Industrial Engineering and
Management by O.P.Khanna, Dhanpat
Rai Publications (Rs.495)
2. Industrial Engineering and
Production Management by Martand
Telsang, S. Chand Publishers (Rs.350)
3. Production and Operations
Management by R, Panneerselvam,
PHI Learning Private Limited (Rs.295)
COURSE EVALUATION
CAT-I
15%
CAT-II
15%
PROJECT/SEMINAR/ASSIGNMENT
20%
TERM END
50%
other skill; 5%
Technical; 20%
Managerial; 45%
Soft skill; 30%
Economics
Long Long ago
Economics
Is it study of money?
Economics
Is it study of Savings?
Economics
Is it about eating lunch?
Economics
Scarce Resource
Alternative Uses
Cost - Benefit
Deals with inputs & Outputs
Deals with means & goals, objectives
To
To
To
To
decide
decide
decide
decide
produce or NOT
how much to produce
the price
make or buy decision.
Types of Economics
Macro Economics
Aggregate economics at a larger level
often deals with policy decisions
Micro Economics
Is about how individuals and businesses
make decisions
Summary
Intro to course
What is economics?
Types
Macro & Micro
Positive & Normative
Thank you