Manufacturing Economics

General

Prefix

GENG

Course Number

360

Course Level

Undergraduate

College/School

College of Science and Engineering

Description

Analysis of cost for manufacturing operations, tool-engineering economics, cost estimating, and cost accounting. Economic selection of equipment, and economic lot sizes. Evaluating production economics and investment alternatives. Principles of Engineering Economics, effects of capital projects.

Prerequisites

Credits

Min

2

Max

2

Repeatable

No

Goals and Diversity

MN Goal Course

No

Cultural Diversity

No

Learning Outcomes

Outcome

Calculate economic equivalence using interest formulas, tables, and spreadsheets.

Outcome

Apply economic analysis in decision-making.

Outcome

Apply the fundamental concepts of cost estimating.

Outcome

Calculate and compare costs and benefits for an engineering project.

Outcome

Explain engineering issues and their economic impact.

Dependencies

Programs

GENG360 is a completion requirement for: