Handbook 1996 : Faculty of Engineering (Volume 4 page 116)
Mechanical & Manuf. Eng subject : Next:436-472 | Prev:436-470 | Search | Help
Credit points: 6.00
Coordinator: Mr. E. J. Colville
Contact: 26 hours of lectures and 13 tutorials/practice classes
Timetable: Second semester
Objectives:
Upon completion students should have ability to design a manufacturing plant, its budgets, its management information systems, its facilities and staff activities as well as have learned how to control and develop the enterprise. They will be aware of the statistical basis of decision making and methods used in industry for assisting the decision making process. Students will comprehend how financial management becomes an important part of an engineer's needs after only a few years out from the university, when they become part of the total management of a firm. Thus they should appreciate how to grasp an opportunity for industrial leadership when it arises and apply their engineering skills so important to improving our industries.
Content:
Management structure, objectives and financial control of a manufacturing firm. Cost centres, standards and reconciliation of demands on funds. Cash flow, budgets, financial statements and annual reports. Activity and performance measures. Management information systems.
Assessment:
A two-hour examination; assignments to a maximum of 5,000 words or equivalent.
Mechanical & Manuf. Eng subject : Next:436-472 | Prev:436-470 | Search | Help
Handbook 1996 : Faculty of Engineering (Volume 4 page 116)
Status: Official 1996 Date created: Oct 9 1995 Last modified: Oct 9 1995 Authorised by: Academic Registrar Email enquiries: Course_Information@registrar.unimelb.edu.au
Maintained by: Dept. of Mechanical and Manufacturing Engineering, Faculty of Engineering.
Copyright © University of Melbourne 1995,1996.