Cost analysis: Break-even analysis, two and three alternatives, graphical solution. Breakeven
charts, effects of changes in fixed and variable costs. Minimum cost analysis,
economics order quality. Effect of risk and uncertainty on lot size.[ 10 %]
Replacement Studies: Reasons for replacement, factors to be considered in replacement
Studies, discounted cash flow analysis, economic life of a project, challenger and
defender [10 %]
Economic Analysis Of Investment Alternatives : Basic economy study patterns and
their comparison, decision making in selection of alternative by present worth methods,
rate of return method, payout period method and uniform annual cost method, economic
analysis of new projects, effect of taxation on economic studies.[ 10 %]
Cost Estimation : Difference between cost estimation and cost accounting, qualifications
of an estimator. Estimating procedure, Estimate of material cost and labour cost.
Estimation of cost in various manufacturing operations. [10 %]
Depreciation : Types of depreciation and their Methods. [5 %]
Human Resource Management :Introduction to Human Resource Management and its
definition, Functions of Human Resource Management & its relation to other managerial.
Importance of Human Resource in Industry.[ 10 % ]
Procurement And Placement : Need for Human Resource Planning process of Human
Resource Planning, Method of Recruitment, Psychological tests and interviewing,
Meaning and Importance of placement and Induction. [15 %]
Training & Development : Difference between Training and Development, Principles
of Training, Employee Development, Promotion merit V/S seniority performance
appraisal [10 %]
Job Satisfaction :Job satisfaction and its importance, Motivation Factor affecting
motivation, Introduction of motivation Theory, workers participation, Quality of working
like. [10 %]
Integration & Maintenance: Introduction to Integration and Maintenance. [5 % ]