Contents

• 1. Basics of Industrial Engineering

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  Introduction, History and Development of Industrial Engineering, Contribution to Industrial Engineering, Role of an Industrial Engineer, Application of Industrial Engineering, Industrial Engineering Health Services, Industrial Engineering in Government Organization, Industrial Engineering in Banking, Productivity, Definitions of Productivity, Production And Productivity, Benefits From Productivity, Productivity Measures, Work Study, Component and Techniques of Work Study, Basic Procedure of Work Study, Method Study, Approaches of Method Study, Procedure of Method Study, Charts of Method Study, Diagram Used in Method Study, Principle of Motion Economy, Work Measurement, Basic Procedure of Work Measurement, Techniques of Work Measurement, Solved Examples, Review Questions.
   
  2. Management Theory and Functions

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  Introduction, Definitions, Characteristics and Objective of Management, Evolution of Management, The Classical Theories of Management, Neoclassical Theory, Modern Management Theories, Scientific Management, Principles of Scientific Management, Techniques of Scientific Management, Characteristics of Scientific Management, Objectives of Scientific Management, Advantages of Scientific Management, Disadvantages of Scientific Management, Reactions and Criticism of Scientific Management, Contribution to Scientific Management, F.W. Taylor (1856-1915), Henri Fayol (1841-1925), Elton Mayo (1880-1949), Levels of Management, Top Level of Management, Middle Level of Management, Lower Level of Management, Administration and Management, Function of Management, Planning, Organizing, Staffing, Directing, Controlling, Motivating, Coordinating, Communicating, Decision Making, Steps Involved in Decision Making Process, Characteristics of Decision Making, Business Organization, Forms of Business Organization, Single Proprietorship, Characteristics of Single Proprietorship, Advantages of Single Proprietor Form of Business, Disadvantages of Single Proprietor Form of Business, Partnership, Characteristics of Partnership, Types of Partnership, Types of Partners, Rights and Obligations of Partners, Advantages of Partnership, Disadvantages of Partnership, Joint Stock Company, Characteristics of Joint Stock Company, Formation of Joint Stock Company, Advantages of Joint Stock Company, Disadvantages of Joint Stock Company, Types of Joint Stock Company, Private Limited Company, Public Limited Company, Cooperative Society, Characteristics of Cooperative Society, Types of Cooperative Societies, Advantages of Cooperative Society, Disadvantages of Cooperative Society, Government Undertaking (State Undertaking), Organization Meaning, Characteristics of Organization, Elements of Organization, Significance of Organization, Types of Organization, Line Organization, Line and Staff Organization, Functional Organization, Committee Organization, Span of Control (Supervision), Types of Span of Control, Factors Influencing Span of Control, Advantages and Disadvantages of Narrow and Wide Span of Control, Review Questions.
   
  3. Finance and Financial Statements

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  Introduction,Definition and Features of Finance, Need of Finance, Types of Capital, Fixed Capital, Meaning of Fixed Capital, Kinds of Capital Sources of Fixed Capital, Shares, Preference Share, Ordinary Share, Difference between Ordinary and Preference Shares, Borrow Capital, Source of Borrow Capital, Characteristics of Borrow Capital, Advantages of Borrow Capital, Disadvantages of Borrow Capital, Surplus Profit, Working Capital, Components of Working Capital, Source of Working Capital, Management of Working Capital, Concept of Working Capital, Types of Working Capital, Financial Institution, Types of Financial Institution, Financial Statement, Profit and Loss Statement, Need to Prepare Profit and Loss Statement, Components of a Profit and Loss Statements, Balance Sheet, Need of Balance Sheet, Components of Balance Sheet, Financial Ratio, Liquidity Ratio, Financial Leverage Ratio, Asset Turnover Ratio, Profitability Ratio, Dividend Policy Ratio, Solved Examples, Review Questions.
   
  4. Time Value of Money

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  Introduction, Reasons for Time Value of Money, Simple Interest, Compound Interest, Nominal Interest Rate, Effective Interest Rate, Continuous Compounding, Time Value Equivalence, Compound-Interest Factors, Conversion Symbols, Development of Interest Formula, Cash Flow Diagram, Categories of Cash Flow, Making of Cash Flow Diagram, Calculation of Time-Value Equivalence, Single-Payment Cash Flow, Multiple-Payment Cash Flow, Calculation With Continuous Interest, Present Worth Method of Comparison, Revenue-Dominated Cash Flow Diagram, Cost-Dominated Cash Flow Diagram, Future Worth Method of Comparison, Revenue-Dominated Cash Flow Diagram, Cost-Dominated Cash Flow Diagram, Comparison of Assets with Unequal Lives, Comparison of Assets Assumed to have Infinite Lives, Comparison of Deferred Investments, Payback Period Comparison, Rate of Return, Internal Rate of Return, Consistency of IRR with Other Economic Comparison Methods, Solved Examples, Review Questions.
   
  5. Depreciation and Break Even Analysis

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  Introduction, Depreciation, Meaning of Depreciation, Causes of Depreciation, Need / Objects / Significance of Providing Depreciation, Factors Affecting the Amount of Depreciation, Methods of Depreciation, Straight Line Method (Fixed Installment Method), Written Down Value Method (Decline Balance Method), Annuity Method, Depreciation Fund Method (Sinking Fund Method), Sum of the Years Digits Method, Depletion Method (Productive Output Method), Machine Hour Rate Method (Service Hours Methods), Revaluation Method, Break Even Analysis, Basic Concepts, Linear Break-Even Analysis, Break-Even Charts, Demonstration of Break-Even Chart, Effect of Increase or Decrease in Fixed Cost and Variable Costs on BEP, Effect of Increase or Decrease in Sales Price on BEP, Managerial Uses of Break-Even Chart, Limitations of Break-Even Chart Analysis, Calculation of Break-Even Point, Dumping, Effects of Inflation on Break-Even Analysis, Solved Examples, Review Questions.
   
  P. Paper