Valid for: 2018/19
Decided by: PLED M
Date of Decision: 2018-03-27
Elective for: I4, I4-pr, M4-prr
Language of instruction: The course will be given in Swedish
This course will enhance the understanding of the important links that exist between technology and economy, providing know-how to apply economic conditions as an instrument for production and formulation of a production development strategy for a given section of a manufacturing system. Further, the course will make clear the interdependence of product development including materials, production processes and sustainable manufacturing systems.
Knowledge and understanding
For a passing grade the student must
• Master and apply the basic economic theory for the
development of production strategies.
• Master the principles for calculating the cost of a production
section where all essential factors are considered and be aware of
the various indicators that describe a production system's
performance.
• Master the management and adaptation of the collected
production data for economic models.
• Be able to describe the tools and principles for continuous
production development based on the concept of amongst others Lean
Production and the Next Step.
• Be aware of the demands of sustainable manufacturing
systems.
• Have knowledge and understanding of how to evaluate various
manufacturing systems including the link to the field of industrial
purchasing.
Competences and skills
For a passing grade the student must
• Be able to financially analyze and propose ways of
development for different production scenarios.
• In practice plan, establish and implement a systematic
production analysis including statistical analysis of obtained
results.
• Be able to assess different types of production systems in a
technical and economic perspective and from an overall perspective
of sustainability.
The course further highlights the vital link that exists between economics and technology. The course focuses on applying the knowledge acquired from previous courses including Flexible Manufacturing Systems (MMT045). A major project is carried out in collaboration with nearby industries. Furthermore, the course provides deeper knowledge of key performance indicators (KPIs), economic analysis of balance delay, optimal manning and optimal automation. Studies are also carried out on the interaction between product development and production, the relationships between product development strategy and investment strategy, production conditions in foreign countries particularly emerging countries, technology transfer between product owners and contractors, evaluation of different manufacturing systems regarding production performance, primarily based on quality and delivery reliability and an introduction to discrete event simulation with corresponding analysis.
Grading scale: TH - (U,3,4,5) - (Fail, Three, Four, Five)
Assessment: Written home examination and written assignments.
The examiner, in consultation with Disability Support Services, may deviate from the regular form of examination in order to provide a permanently disabled student with a form of examination equivalent to that of a student without a disability.
Required prior knowledge: MMT012/MMTF20 Production and Manufacturing Methods or MMTA05 Production Systems.
The number of participants is limited to: No
Course coordinator: Professor Jan-Eric Ståhl, jan-eric.stahl@iprod.lth.se
Course homepage: http://www.iprod.lth.se