Code: | EM0040 | Acronym: | GE |
Keywords | |
---|---|
Classification | Keyword |
OFICIAL | Management |
Active? | Yes |
Responsible unit: | Department of Industrial Engineering and Management |
Course/CS Responsible: | Master in Mechanical Engineering |
Acronym | No. of Students | Study Plan | Curricular Years | Credits UCN | Credits ECTS | Contact hours | Total Time |
---|---|---|---|---|---|---|---|
MIEM | 150 | Syllabus since 2006/2007 | 4 | - | 6 | 84 | 160 |
Specific objectives:
The main objective of this course is to develop skills for solving some operations management problems through appropriated models application.
Students will understand also the basics of financial mathematics, accounting and financial statements analysis.
It is expected that students at the end of this course:
1.Will be able to analyze operations management problems and to choose the appropriated models to solve them.
2. Will understand the basics of financial mathematics knowing how to apply them to choose alternative financial instruments.
3. Will be able to read and understand accounting information and to analyze financial statements.
4. Will be able to understand the impact of financial decisions.
Part I:
1. Forecasting: regression; simple and moving averages; exponential smoothing.
2. Inventory Control: economic order quantity; deterministic and stochastic models.
3. Statistics Quality Control: Introduction. Choosing a sampling plan. Single sampling. Double sampling. Sequential sampling. Inspection by measurement. Quality control charts.
4. Production Planning: production to order; lot production; line balancing.
Part II:
1. Financial Mathematics
1.1. Interest;
1.2. Capitalization and discount.
2. Financial Analysis
2.1. Understanding financial statements;
2.2. Using financial statements to make decisions.
Theoretical classes: presentation of the themes of the course illustrated by cases, examples and problems
Practice classes: Students can clarify possible doubts about problems and homework
Description | Type | Time (hours) | Weight (%) | End date |
---|---|---|---|---|
Exercises for evaluation | Teste | 1,00 | 15,00 | 2013-04-05 |
Attendance (estimated) | Participação presencial | 84,00 | ||
Test | Teste | 2,00 | 35,00 | 2013-04-08 |
Exame | Defesa pública de dissertação, de relatório de projeto ou estágio, ou de tese | 2,00 | 50,00 | |
Total: | - | 100,00 |
Description | Type | Time (hours) | End date |
---|---|---|---|
Individual study | Estudo autónomo | 75 | |
Total: | 75,00 |
General Evaluation Rules of FEUP.
Mark of Part I of the program will be calculated as follows: - Exercises performed in practice classes: 30% weight in the mark of Part I of the program (or 15% in the final mark) - Mini-test, held in April: 70% weight in the mark of Part I of the program (or 35% in the final mark).
Mark of Part II of the program will be obtained in the Final Exam (Part II dealing only program) to be held at the Time of Exam: 100% weight in the mark of Part II of the program (or 50% in the final mark) .
Students have to reach a minimum grade of 40% in each part of the syllabus (Part I and Part II).
Students must solve 4 short exercises during practice classes relating to Part I of the program. The best 3 out 4 marks obtained by the student will give the final mark in in this evaluation component.
The improvement of the final / distributed mark will be subject to a special exam