Industrial Engineering
Course Details
KTO KARATAY UNIVERSITY
Mühendislik ve Doğa Bilimleri Fakültesi
Programme of Industrial Engineering
Course Details
Mühendislik ve Doğa Bilimleri Fakültesi
Programme of Industrial Engineering
Course Details
| Course Code | Course Name | Year | Period | Semester | T+A+L | Credit | ECTS |
|---|---|---|---|---|---|---|---|
| 15250505 | Engineering Economics | 3 | Autumn | 5 | 3+0+0 | 3 | 5 |
| Course Type | Compulsory |
| Course Cycle | Bachelor's (First Cycle) (TQF-HE: Level 6 / QF-EHEA: Level 1 / EQF-LLL: Level 6) |
| Course Language | Turkish |
| Methods and Techniques | Anlatım, soru-cevap, problem çözme |
| Mode of Delivery | Face to Face |
| Prerequisites | - |
| Coordinator | Prof. Murat DARÇIN |
| Instructor(s) | Prof. Osman OKKA |
| Instructor Assistant(s) | - |
Course Content
Basic Concepts of Engineering Economy, Cost-Benefit Concept, Cost-Benefit Analyzes, break-even analysis, comparison of investment alternatives, renewal decisions
Objectives of the Course
The aim of this course is to provide students with the ability to apply economic analysis methods to economic problems encountered in the field of engineering, to evaluate alternatives by analyzing them according to economic values within the framework of profitability criteria, and to decide on the selection of the most suitable one by making comparisons between them.
Contribution of the Course to Field Teaching
| Basic Vocational Courses | X |
| Specialization / Field Courses | X |
| Support Courses | |
| Transferable Skills Courses | |
| Humanities, Communication and Management Skills Courses |
Relationships between Course Learning Outcomes and Program Outcomes
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Program Learning Outcomes | Level |
|---|---|---|
| P4 | Ability to select and use modern techniques and tools necessary for the analysis and solution of complex problems encountered in Industrial Engineering applications; Ability to use information technologies effectively | 5 |
Course Learning Outcomes
| Upon the successful completion of this course, students will be able to: | |||
|---|---|---|---|
| No | Learning Outcomes | Outcome Relationship | Measurement Method ** |
| O1 | Mühendislik ekonomisi ile ilgili temel kavramlara hâkim olur. | P.4.59 | 1,3 |
| O2 | Mühendislik problemlerinin analizinde paranın zaman değerini dikkate alır. | P.4.60 | 1,3 |
| O3 | Başabaş noktası analizini kullanarak kârlılık noktasını tespit edebilir. | P.4.61 | 1,3 |
| O4 | Alternatif yatırım projelerinin değerlendirilmesinde kullanılan ekonomik analiz yöntemlerini uygulayabilir. | P.4.62 | 1,3 |
| O5 | Farklı ömürlü ve sonsuz ömürlü alternatifleri karşılaştırabilir. | P.4.63 | 1,3 |
| ** Written Exam: 1, Oral Exam: 2, Homework: 3, Lab./Exam: 4, Seminar/Presentation: 5, Term Paper: 6, Application: 7 | |||
Weekly Detailed Course Contents
| Week | Topics |
|---|---|
| 1 | Preliminary and Basic Concepts of Engineering Economics, Engineering Economics Decisions, Cost Concepts and Behaviors |
| 2 | Cost and Value Analysis |
| 3 | Cost and Value Analysis |
| 4 | Nominal and Effective Interest |
| 5 | Linear, Geometric, Irregular Increasing/Decreasing Cash Flows |
| 6 | Linear, Geometric, Irregular Increasing/Decreasing Cash Flows |
| 7 | Present Value and Future Value Analysis |
| 8 | Midterm Exam |
| 9 | Value and Future Value Analysis |
| 10 | Value and Future Value Analysis |
| 11 | Annual Equivalent Cost and Annual Equivalent Revenue Method |
| 12 | Internal Rate of Return |
| 13 | Payback Period Analysis |
| 14 | Renovation Investments |
| 15 | Amortismanlar, Vergiler ve Yenileme Analizindeki Tesirleri |
| 16 | Final Exam |
Textbook or Material
| Resources | Mühendislik Ekonomisi Prensipler ve Uygulamalar, Osman OKKA, Nobel Akademik Yayıncılık |
| Basics of Engineering Economy, 2nd Edition, Leland Blank, Anthony Tarquin |
Evaluation Method and Passing Criteria
| In-Term Studies | Quantity | Percentage |
|---|---|---|
| Attendance | - | - |
| Laboratory | - | - |
| Practice | - | - |
| Field Study | - | - |
| Course Specific Internship (If Any) | - | - |
| Homework | - | - |
| Presentation | - | - |
| Projects | - | - |
| Seminar | - | - |
| Quiz | - | - |
| Listening | - | - |
| Midterms | 1 | 30 (%) |
| Final Exam | 1 | 70 (%) |
| Total | 100 (%) | |
ECTS / Working Load Table
| Quantity | Duration | Total Work Load | |
|---|---|---|---|
| Course Week Number and Time | 14 | 4 | 56 |
| Out-of-Class Study Time (Pre-study, Library, Reinforcement) | 14 | 3 | 42 |
| Midterms | 1 | 20 | 20 |
| Quiz | 0 | 0 | 0 |
| Homework | 0 | 0 | 0 |
| Practice | 0 | 0 | 0 |
| Laboratory | 0 | 0 | 0 |
| Project | 0 | 0 | 0 |
| Workshop | 0 | 0 | 0 |
| Presentation/Seminar Preparation | 0 | 0 | 0 |
| Fieldwork | 0 | 0 | 0 |
| Final Exam | 1 | 32 | 32 |
| Other | 0 | 0 | 0 |
| Total Work Load: | 150 | ||
| Total Work Load / 30 | 5 | ||
| Course ECTS Credits: | 5 | ||
Course - Learning Outcomes Matrix
| Relationship Levels | ||||
| Lowest | Low | Medium | High | Highest |
| 1 | 2 | 3 | 4 | 5 |
| # | Learning Outcomes | P4 |
|---|---|---|
| O1 | Mühendislik ekonomisi ile ilgili temel kavramlara hâkim olur. | 5 |
| O2 | Mühendislik problemlerinin analizinde paranın zaman değerini dikkate alır. | 5 |
| O3 | Başabaş noktası analizini kullanarak kârlılık noktasını tespit edebilir. | 5 |
| O4 | Alternatif yatırım projelerinin değerlendirilmesinde kullanılan ekonomik analiz yöntemlerini uygulayabilir. | 5 |
| O5 | Farklı ömürlü ve sonsuz ömürlü alternatifleri karşılaştırabilir. | 5 |