| ENGINEERING ECONOMICS
Introduction to Technological Economies. Marginal analysis of resources
allocation in the production system. The value of inputs - The cost
of production resources. The value of outputs - Financial appraisal
of projects. Investment problems. Financial flow discount. The preparation
phases of investment plans. Relational financial appraisal - Investment
choice. The Investment Plan: Basic concepts and definitions. The
different parts of an Investment Plan. Construction, Planning and
Assessment of Investment Plans. Systems Analysis Methodology for
technical Projects. Introduction to Risk Analysis.
K.Aravosis, Lect.
PRODUCTION MANAGEMENT AND BUSINESS ADMINISTRATION
Introduction: The enterprise and its functions. Production Management:
Product design and principles for setting standards. Quality control:
from control of quality to total quality-in-depth case: x-bar/R
charts. Work Study: methods, motion, and time study-time measurement,
elemental times, work sampling-modern developments. Production planning:
characteristics of demand and of production systems-inventory management
(stochastic demand) -- bases of MRP. Measurement of efficiency and
production cost accounting. Business administration-the other functions:
Marketing, finance, personnel. Principles of organization. Laboratory.
I.Tatsiopoulos, Prof. & N.Marmaras, Asoc. Prof.
MANAGEMENT GAME
During this course, students apply business administration knowledge
to managing a hypothetical company, simulated on a computer. Management
is undertaken by groups of 5-6 students and includes taking a series
of decisions on the basic functions of the firm (production, marketing,
advertising, finance, bank and personnel relations, etc) under conditions
of uncertainty, competition, and time pressure. Learning is by experience
and collaboration; related subjects are also presented as a supplement.
I.Tatsiopoulos, Prof.
OPERATIONAL RESEARCH I
Subject and Methodology: Historical review, nature and definition
of OR, basic characteristics, methodology, categories of problems.
Allocation Problems - Linear Programming (LP): The allocation problem,
formulation of the general LP model, Simple method, duality theory,
sensitivity analysis, transportation problem, assignment problem,
decomposition principle. Non-linear Programming: Introduction, Unconstrained
and constrained optimization algorithms. Dynamic Programming: Introduction,
one-dimentional processes and applications. Investment Analysis:
Investment problems, discounting (and compounding). Preparation
stages of an investment project. Investment selection criteria,
Investment planning. Cost-benefit analysis.
APPLIED INDUSTRIAL STATISTICS
Objectives of statistical quality control - specifications and tolerances
- statistics in production (Histogram, distribution, normal distribution,
distribution of the mean value of small samples). Meaning and the
techniques of preliminary quality control (control points, natural
tolerances). Preliminary Quality control by variables, and by attributes.
Comparison of the above techniques. Acceptance sampling by attributes
(operating characteristic curve, acceptance quality level, rejectable
quality level, average outgoing quality, average outgoing quality
limit, acceptance quality control systems by attributes) acceptance
quality control by variables (sample size, criteria). Quality control
in the factory.
V.Leopoulos, Asoc. Prof.
INTRODUCTION TO MARKETING
Basic concepts - Definitions of marketing - The marketing environment
of the organisation - Development of a comparative advantage in
marketing - Marketing strategies (marketing mix the four ps) - Marketing
research for consumer and industrial market - Consumer behaviour,
organizational Buying behaviour - Segmentation of consumer and industrial
market - Product policy and strategy - Adoption and diffusion of
new industrial products (technological innovation) pricing and distribution
policy - Distribution systems for consumer and industrial products
- techniques and methods for promoting consumer and industrial products.
N. Panayiotou, Lect.
OPERATIONAL RESEARCH II
Markovian Decision Processes: Markov chains. Applied Queueing Theory:
Introduction, Birth and death processes, Poisson and non-Poisson
models, special models, applications methodology. Replacement of
equipment: Introduction, replacement by a similar or improved machine,
continuous technological improvement, discrete and continuous improvement.
Replacement of parts-Maintenance of equipment: Introduction, elements
of renewal theory, replacement of single parts, replacement of parts
of technical systems, supervision and maintenance problems. Reliability
of Technical Equipment: Introduction - Definitions, Technological
systems-reliability calculation, optimal reliability level. Decision
Analysis: Decision trees, Utility theory.
WORK STUDY AND ELEMENTS OF ERGONOMICS
Introduction to Ergonomics. Generic Ergonomic Model - Ergonomic
Work Analysis. Ergonomic design of workspaces and tools: Anthropometrics,
Biomechanics, Design process, Computer aided ergonomics and workspace
design. Physical work: Types of physical work Techniques of physical
workload measurement and assessment, Manual material handling. Human-machine
interaction: Design, selection and layout of Controls and Displays.
N.Marmaras, Asoc. Prof.
PRODUCTION PLANNING AND CONTROL I
Selection of Plant location - Selection of mechanical equipment
- Group Technology - Types of production processes- Plant Layout
- Methods for determining space requirements - Structural building
elements - Layout algorithms - Interfactory products and material
movements - Building's module - Roof, floor, work psychology - Storage
and Warehousing material handling equipment - Automated warehouses
- Order/picking systems - Project planning and control - Project
Planning/Management - Analysis of a project to correlated tasks
or activities - Design and solving of a project chart - CPM &
PERT Methodology - Resource allocation - Project cost and cash flow
Project control and monitoring - Computerized project planning and
monitoring.
V.Leopoulos, Lect.
MANUFACTURING INFORMATION SYSTEMS
Introduction to System Analysis - Systems Engineering methodologies
in technical, social and information systems - Structured system
analysis and design techniques - Applications of manufacturing information
systems in production management, logistics, quality assurance and
maintenance planning - The manufacturing database - Monitoring and
Factory Data Collection - Key indicators management - Strategic
information systems planning in manufacturing - Manufacturing information
systems and CIM.
I.Tatsiopoulos, Prof.
SPECIAL CHAPTERS OF OPERATIONAL RESEARCH
Advanced topics in Mathematical Programming: Integer and combinatorial
programming, Multicriteria analysis. Goal programming. Game theory.-
Special topics in Investment Analysis: Investments under uncertainty,
Risk analysis, portfolio theory - New problems and techniques of
OR: Strategic or corporate planning. Manpower planning. Heuristic
methods. Technological forecasting. Delphi technique - OR problems
by sectors: Problems of transportations, energy, environment, urban
services, education, health, etc.
ERGONOMICS
Physical work environment: Visual environment, Thermal environments,
Auditory environment, Assessment techniques, Methods for work environment
improvement. Vibrations: Effects to worker, Measurement techniques.
Cognitire Ergonomics: Basic cognitire activities (perception, memory,
etc), Complex congitire activities (problem-solving, decision making,
failure diagnosis, etc), Competences, Mental workload, Design of
IT systems supporting cognitire tasks, Human-Computer Interation,
Human error - Human Reliability. Occupational Safety: Occupational
accidents, Legislation, Accidents analysis techniques, Risk assessment
techniques, Safety management.
N.Marmaras, Asoc. Prof.
PRODUCTION PLANNING AND CONTROL II
The goals of Production Planning and Control - Taxonomy of production
systems - Demand management - Aggregate production planning and
Master Production Scheduling (MPS) - Inventory management - Material
Requirements Planning (MRP) - Capacity planning and control - Scheduling
and sequencing - Just-in-time (JIT) and Lean Manufacturing.
I.Tatsiopoulos, Prof.
SPECIAL CHAPTERS OF ENGINEEERING ECONOMICS
Cost-Benefit Analysis. Cost-Benefit Analysis Case Studies. Introduction
to Environmental Economics. Special issues on Business Planning.
(Emphasis is given in analyzing of special economic instruments
and methods of financing, i.e Venture Capital, Âuild-Operate–Ôransfer
Method (BOT), Public-Private Partnerships (PPP) etc). Exercise of
students’ groups in creating a Business Plan. The students collect
all the existing data and develop in groups the complete business
plan of a new or existent enterprise and present it in class.
K.Aravosis, Lect.
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