Industrial Economics (5 cr)
Code: TE00CN94-3004
General information
Enrollment
14.12.2024 - 12.01.2025
Timing
13.01.2025 - 20.05.2025
Number of ECTS credits allocated
5 op
Mode of delivery
Contact teaching
Unit
Engineering and Business
Campus
Kupittaa Campus
Teaching languages
- English
Degree programmes
- Degree Programme in Industrial Management and Engineering
Teachers
- Veli-Matti Suominen
Groups
-
PIMES24
-
PIMEK25Industrial Management and Engineering K2024
Objective
After completing this study unit, the student will be able to:
- tell the basic processes of an enterprise
- discuss the processes by applying process thinking
- explain what is meant by value chain
- discuss the main elements of operations management
- describe the success factors of a supply chain and the influence of those factors to the customer service level, profitability and competitiveness of a company
- explain the influence of eg purchasing, inventories and transportation on business economy and competitiveness
- discuss the main principles and terminology of production planning and control
- explain the role of production planning
- combine the business processes and information systems to all the operations in a company.
Content
- Processes and process thinking
- Role of different supply chain elements for the competitiveness of the company: purchasing, inventories and transportation as a part of logistics process
- Measures of Profitability, Economy and Service Level
- Basic Terminology and Aims of Operations management, Production and Production Control
- Forms and Methods of Production
- Production Scheduling
- Principles of Production Control
- Information Flows in Business Process
- Basics of quality and environmental management
Evaluation scale
H-5