Production Economics : Evaluating Costs of Operations in Manufacturing and Service Industries / by Anoop Desai and Aashi Mital.

By: Desai, Anoop [author.]Contributor(s): Mital, Aashi [author.] | Taylor and FrancisMaterial type: TextTextLanguage: English Series: Industrial Engineering: Publisher: Boca Raton, FL : CRC Press, an imprint of Taylor and Francis, 2018Edition: 1st editionDescription: 1 online resource (550 pages) : 188 illustrations, text file, PDFContent type: text Media type: computer Carrier type: online resourceISBN: 9780429487040Subject(s): TECHNOLOGY & ENGINEERING / Industrial Design / General | BUSINESS & ECONOMICS / Economics / General | Manufacturing industries -- Costs | Service industries -- Costs | Production engineering -- EstimatesGenre/Form: Electronic books.Additional physical formats: Print version: : No titleDDC classification: 657/.867 LOC classification: TS165 | .D47 2018Online resources: Click here to view. Also available in print format.
Contents:
Interest Factors, Equivalence, Present Worth, Annualized Equivalent Worth, and Future worth Analysis. Cost Estimation. Materials Costing. Process Costing. Overhead Expenses. Estimation of Capital Cost and Operating Cost. Costing of Material Handling Operations. Inventory Analysis and Costing. Administrative and Facilities Costs. Establishing the Selling Price. Comparison of Alternatives. Breakeven and Benefit Cost Analysis. Depreciation. Replacement Analysis. The Make v/s Buy Decision. Vendor Selection and Vendor Cost Verification. Influence of Assembly Automation and Market Factors on Production Economics. Appendix.
Abstract: This book will serve a unique purpose within the world of production engineering. It will cover the economics of modern manufacturing and focus on examining the techniques and methods from a cost perspective. Additionally, it will deal with the computation of direct and indirect cost for manufacturing operations, including a variety of overhead operations in such an environment. Costing of manufacturing methods such as casting, forging, turning, milling, and welding is addressed along with inventory analysis and MRP costing. Related topics such as equipment replacement, comparison of alternatives, depreciation, buy versus make decisions, interest factors and equivalence are covered as well.
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Includes bibliographical references and index.

Interest Factors, Equivalence, Present Worth, Annualized Equivalent Worth, and Future worth Analysis. Cost Estimation. Materials Costing. Process Costing. Overhead Expenses. Estimation of Capital Cost and Operating Cost. Costing of Material Handling Operations. Inventory Analysis and Costing. Administrative and Facilities Costs. Establishing the Selling Price. Comparison of Alternatives. Breakeven and Benefit Cost Analysis. Depreciation. Replacement Analysis. The Make v/s Buy Decision. Vendor Selection and Vendor Cost Verification. Influence of Assembly Automation and Market Factors on Production Economics. Appendix.

This book will serve a unique purpose within the world of production engineering. It will cover the economics of modern manufacturing and focus on examining the techniques and methods from a cost perspective. Additionally, it will deal with the computation of direct and indirect cost for manufacturing operations, including a variety of overhead operations in such an environment. Costing of manufacturing methods such as casting, forging, turning, milling, and welding is addressed along with inventory analysis and MRP costing. Related topics such as equipment replacement, comparison of alternatives, depreciation, buy versus make decisions, interest factors and equivalence are covered as well.

Also available in print format.

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