Production Economics: Evaluating Costs of Operations in Manufacturing and Service Industries

1st Edition

Anoop Desai, Aashi Mital

CRC Press
Published June 11, 2018
Reference - 530 Pages - 81 B/W Illustrations
ISBN 9781138033269 - CAT# K30617
Series: Industrial Engineering

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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.