IE 475
ADVANCED MANUFACTURING COSTING TECHNIQUES

Information
3 Credits
Available Fall term
Lecture only
OSU Catalog
 Prerequisites
BA 211
ENGR 390		 Contact
J. David Porter
(541) 737-2446
Covell 110

Course Description

Costing techniques applicable in advanced manufacturing enterprises: activity based costing, Japanese cost management techniques, life cycle costing, theory of constraints, cost of quality, economic value added, and financial versus operational performance measures. Emphasis will be placed on linkages to such advanced manufacturing systems as cellular manufacturing, flexible manufacturing, JIT, Lean, and ERP.

Topics

  • Cost Concepts
  • Activity Based Costing
  • Life Cycle Costing
  • Theory of Constraints
  • Japanese Cost Management Techniques
  • Cost of Quality
  • Economic Value Added
  • Financial versus Operational Performance Measures

Learning Outcomes

The student, upon completion of this course, will be able to:

  • Demonstrate knowledge of general costing terminology, particularly in the context of advanced manufacturing.
  • Demonstrate knowledge of the costing approach followed in activity based costing (ABC).
  • Demonstrate knowledge of the costing approach followed in life cycle costing (LCC).
  • Demonstrate knowledge of the costing approach followed in the theory of constraints (TOC).
  • Demonstrate knowledge of the costing approach followed by Japanese cost management techniques (JCMT).
  • Demonstrate knowledge of the costing approach followed in economic value added (EVA).
  • Identify and give examples of cost of quality and financial versus operational performance measures.
  • Demonstrate the ability to communicate and document technical information in a professional, structured, timely, and effective manner.