TEC3432

Management principles 2

(ENG)

P Gregory

4 points + 26 lecture hours and 13 tutorial hours + Second semester + Caulfield

Synopsis: Product costing and evaluation: components of cost, variation with volume, break even analysis, production/marketing implications. Time value of money, pay back calculations, accounting rate of return, discounted cash flow. Buying models: what decision do buyers make and what are the major influences on these decisions? Safety, environment and occupational health, regulations, codes of practice, Australian standards. Ergonomics, work design and human capacities. Project management.

Assessment: Examination (3 hours): 60% + Practical work and coursework: 40%