Production, Quality and Economy

Code

ME-PQE1

Version

1.1

Offered by

Mechanical Engineering

ECTS

Prerequisites

Basic knowledge within manufacturing processes, math and statistics.

Main purpose

The student will acquire knowledge about quality tools and factory layouts, how to secure a good and safe production setup and be able to think quality issues into their development of products, in order to produce them in a safe and easy way. Students will be able to determine means and methods for budgeting, invest-ment and finance, directed to run development projects. Further to be able of judging related economical as-pects, with regards to their business consequences and strategy of the company.

Knowledge

The student will gain knowledge about:

* Common quality systems and how to use them.

* Different possible production layouts and setups, in order to be able to select between them.

* ERP systems and material management in factories.

* ISO 9000 / ISO 14000 systems and the importance of those in production.

* Financial statements and tools to analyze on them.

* Cost ratios price calculations.

* Budget setup and control of project’s.

* Immaterial rights

Skills

The student will gain skills in:

* Selecting suitable plant layout

* Analyzing operational and quality technical conditions of production enterprises

* Analyzing products cycle time and influence on the production strategy.

* Work through productional lead-time analysis of products

* Estimate cost prices

* Operate simple processes in ERP system.

* Develop corporate/project financial statements

* Define relevant investment options
* Make profit and cash budgets

Competences

Upon completing the course, the student will be able to combine analysis results and evaluate the operability of the producing companies, describe and apply quality management methods and quality control into prod-uct development and production setups, analyze a company’s productional opportunities in terms of financial and strategic strength, judge engineering related decisions with regards to their consequences in quality and ease of production, analyze projects financial statements, choose among investment options, and make profit and cash budgets and use these as management tools.

Topics

Teaching methods and study activities

There are 60 lessons in total, of which 10 lessons are for assignment help. Activities during the course are theory, problem solving and work in classes. Course work to be delivered regularly throughout the semester. Expected workload for the student is 137 hours. Teaching will balance theory and small exercises.

Student Activity Model:

According to the Study Activity Model, the workload is divided as follows:

Category 1, Initiated by the lecturer with the participation of lecturer and students: 50 hours – 37%

Category 2: Initiated by lecturer with participation of students: 60 hours – 44 %

Category 3: Initiated by students with participation of students: 17 hours – 12 %

Category 4: Initiated by students with the participation of lecturer and students: 10 hours – 7%

Resources

Hand out memos and notes

Poul M. Collier: Accounting for Managers” John Wiley & Sons Ltd, Chichester, England. 4 edition 2012

Evaluation

Examination

Requirements for attending examination
Mandatory course activities completed

Type of examination:
1 on-line exam in end of the semester.
Exam time: 60 minutes.
Test account for 100 % of final grade
No censor

Allowed tools:
Personal notes
Laptop

Re-examination:
As ordinary

Grading criteria

Additional information

Supplementary literature: Manufacturing Strategy- John Miltenburg. Pupl:Taylor & Francis. ISBN-10: 1563273179 The New Lean Toolbox: Towards Fast,Flow - John Bicheno. Pupl: Picsie Books. ISBN-10: 0954124413 The Toyota Way- Jeffrey K. Liker. Pupl: McGraw-Hill. ISBN-10: 0071392319 Workplace Strategies and Facilities Management- Rick Best. Pupl: Elsevier Science & Technology. ISBN-10: 0750651504 Facilities Management Handbook -Frank Booty. Pupl: Elsevier Science & Technology. ISBN-10: 0750689773 Selecting the Right Manufacturing Improvement Tools- Ron Moore. ISBN-10: 0750679166 Logistikledelse i forsyningskæder- Poul Erik Christiansen. Pupl: Ingeniøren/bøger. ISBN: 978-87-571-2206-0
Manufactoring processes for Engineering Materials Kalpakian and Schmid latest edition, Accounting for Managers , Paul M Collier (latest edition)

Responsible

Bo Leander Gylling and Martin Møhl

Valid from

2/1/2019 12:00:00 AM

Course type

Mechanical Engineering Classic