Basics of industrial engineering and management (OPEN UNI)

No prerequisites exist.

Upon completion of the course, the student will be able to:

• describe what industrial engineering and management (or operations management) means
• explain the core concepts of business operations and utilise these concepts in describing and analysing operations of an organisation
• explain in general terms the factors that affect economic performance of organisations
• utilise the terminology used in industrial engineering and management (operations management), describe the financial processes of companies and based on this describe the use of cost accounting in organisational decision-making
• calculate unit costs in various simplified settings, calculate various alternatives, as well as perform planning and goal oriented calculations based on given data, and draw conclusions based on the calculation results

Lecture and exercise materials in course learning management system.

This course is part of the 25 ECTS module of Industrial engineering and management that also includes ay555285A Project management, ay555242A Product development, ay555264P Managing well-being and quality of working life, and ay555286A Process and quality management.