Course detail

Economics and Business Management

FSI-5EM-KAcad. year: 2019/2020

The subject covers the knowledge need in the mechanical production area. It provides the basic economic elements and helps to understand basic economic production relationships. The subject is focused on the fundamental information in the business economy area ( e.g. company profit, demand, costs, calculations, production capacity, budgeting basics etc ). It includes also network analysis principles, market power, multi-criteria decision making and strategic planning.

Language of instruction

Czech

Number of ECTS credits

Mode of study

Not applicable.

Guarantor

doc. Ing. Petr Blecha, Ph.D., FEng.

Department

Institute of Production Machines, Systems and Robotics (ÚVSSR)

Learning outcomes of the course unit

The students get theoretical knowledge in the production company economy and production management basics. Students should be able to prepare basic technical-economic calculations and apply the knowledge for production management processes.

Prerequisites

General mathematics knowledge at the level of FME courses. Basic knowledge of differential and integral calculus.

Co-requisites

Not applicable.

Planned learning activities and teaching methods

The course includes the lectures that cover basic principles and theory of the subject. Course also includes the exercises that are focused on practical use of the theory knowledge. Students prepare practical examples joined with actual business practice.

Assesment methods and criteria linked to learning outcomes

Conditions for obtaining credit:
100% attendance to practice
Exam:
Test includes 15 test questions (max. 15 points).
Calculation part includes 3 examples (max. 15 points).
Rating:
27 points or more - A;
:26-23 points - B;
22-19 points - C;
18-17 points - D;
16 points - E

Course curriculum

Not applicable.

Work placements

Not applicable.

Aims

The aim of the subject is to provide knowledge about the business functioning and production management from economic and managerial point of view.

Specification of controlled education, way of implementation and compensation for absences

Participation in the seminars is mandatory. In seminars activity and basic knowledge is evaluated.

Recommended optional programme components

Not applicable.

Prerequisites and corequisites

Not applicable.

Basic literature

PINEDO, Michael L. Planning and Scheduling in Manufacturing and Services. New York, USA : Springer, 2005. 506. ISBN: 0-387-22198-0.
ASKIN, Donald G., GOLDBERG, Jeffrey B. Design and analysis of lean production systems. The University of Arizona : John Eley and Sons, 2002. 533. ISBN: 0-471-11593-2.
KOTLER,P.: Marketing.Management , , 0
MAIMON, O., KHMELNITSKY, E., KOGAN, K. Optimal flow control in manufacturing systems (Production Planning and Scheduling). The Netherlands : Kluwer Academic Publisher, 1998. 346. ISBN: 0-7923-5106-1.
HARRISON, D.K., PETTY, D.J. Systems for Planning and Control in Manufacturing. Oxford : Butterworth, Heinemann, 2002. 295. ISBN: 0-7506-4977-1.
VÍDECKÁ, Z. Plánování a řízení výroby. Přednášky předmětu Informační podpora procesů (Fakulta Podnikatelská VUTBR). 2010
SIMEONOV, S. Pokročilé plánování a rozvrhování. Přednášky (Fakulta Strojní VUTBR). 2010