Undergraduate Course: Techniques of Management (MAEE08002)
Course Outline
| School | School of Engineering |
College | College of Science and Engineering |
| Course type | Standard |
Availability | Available to all students |
| Credit level (Normal year taken) | SCQF Level 8 (Year 2 Undergraduate) |
Credits | 20 |
| Home subject area | Management (School of Engineering) |
Other subject area | None |
| Course website |
None |
Taught in Gaelic? | No |
| Course description | This is a course in management which may be taken in combination with Industrial Management 1. The course includes tuition on the use of spreadsheets generally and makes use of these in practical sessions to cover, in a 'hands on' manner, topics such as: forecasting, discrete event simulation, simulation analysis, linear programming, budgeting, costing, book-keeping and financial reporting. |
Entry Requirements (not applicable to Visiting Students)
| Pre-requisites |
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Co-requisites | |
| Prohibited Combinations | |
Other requirements | None |
| Additional Costs | None |
Information for Visiting Students
| Pre-requisites | None |
| Displayed in Visiting Students Prospectus? | Yes |
Course Delivery Information
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| Delivery period: 2011/12 Semester 2, Available to all students (SV1)
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WebCT enabled: Yes |
Quota: None |
| Location |
Activity |
Description |
Weeks |
Monday |
Tuesday |
Wednesday |
Thursday |
Friday |
| King's Buildings | Laboratory | Teaching Lab F, Fleeming Jenkins Building | 1-11 | | 14:00 - 15:50 | or 14:00 - 15:50 | or 13:30 - 15:30 | | | King's Buildings | Lecture | Lecture Theatre 2, Hudson Beare Building | 1-11 | | | | | 09:00 - 09:50 | | King's Buildings | Lecture | Lecture Theatre 2, Hudson Beare Building | 1-11 | 09:00 - 09:50 | | | | | | King's Buildings | Lecture | Lecture Theatre 2, Hudson Beare Building | 1-11 | | | 09:00 - 09:50 | | |
| First Class |
First class information not currently available |
| Exam Information |
| Exam Diet |
Paper Name |
Hours:Minutes |
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| Main Exam Diet S2 (April/May) | | 2:00 | | | | Resit Exam Diet (August) | | 2:00 | | |
Summary of Intended Learning Outcomes
On completion of the course students should be able to:
Operate a windows-based spreadsheet (Excel) and execute standard file, print and housekeeping functions.
Create Excel spreadsheets and be familiar with all functions contained in the standard toolbar, including use of ChartWizard for graphical presentation.
Prepare a basic cash book with VAT and expenditure analysis, and reconcile this to the bank statement.
Understand the main forms of business entity, the financial reports produced by each and prepare a simple profit and loss account.
Recognise the difference between fixed and variable costs and understand the concept of the break-even point.
Prepare a simple budget and cash flow forecast for a business.
Understand the problems in forecasting, apply some common practical techniques and select the most appropriate technique.
Carry out a forecast using a variety of time series methods and appreciate the problems in using real data.
Apply the process of Monte Carlo simulation to problems which would be difficult to solve using conventional techniques.
Understand the concepts involved in discrete event simulation and implement a simulation model of an operational system.
Formulate and solve a resource allocation problem using the graphical approach of linear programming and the Excel Solver.
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Assessment Information
| Two assignments (Operations + Finance). 15% Operations Assignment + 15% Finance Assignment + 70% Final Examination. |
Special Arrangements
| None |
Additional Information
| Academic description |
Not entered |
| Syllabus |
Not entered |
| Transferable skills |
Not entered |
| Reading list |
Not entered |
| Study Abroad |
Not entered |
| Study Pattern |
Not entered |
| Keywords | Not entered |
Contacts
| Course organiser | Mr Stephen Warrington
Tel: (0131 6)50 5672
Email: s.warrington@ed.ac.uk |
Course secretary | Miss Gillian Mccay
Tel: (0131 6)50 5687
Email: Gillian.McCay@ed.ac.uk |
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© Copyright 2011 The University of Edinburgh - 16 January 2012 6:23 am
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