Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
COST ANALYSIS | CEE3133960 | Fall Semester | 3+0 | 3 | 6 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Elective |
Course Coordinator | Assoc.Prof. Melis Almula KARADAYI |
Name of Lecturer(s) | Lect. Özgür EROL |
Assistant(s) | |
Aim | Industrial engineering studies define and apply a number of analyzes and methods based on the most effective evaluation of inputs and the most effective management of constraints. The cost of inputs is one of the most important constraints in these studies. In this course, the concept of cost is introduced in depth, and the financial and cost accounting activities carried out in organizations to make cost calculations are also introduced. In this way, the knowledge, skills and equipment to make cost analysis in feasibility studies, which is one of the main activities of industrial engineering, are provided. |
Course Content | This course contains; The importance of cost and cost analysis for industrial engineering tools and techniques,Introduction to cost and cost related concepts, different types of costs
,Managing cost, cost and financial accounting activities in organizations,Fundamentals of cost analysis methods,Understanding the concepts of cost, volume and profit and their relationship,Cost-profit-volume analysis,Cost estimation and feasibility analysis,Process and job costing,Activity-based-costing, customer profit analysis,Cost management and organizational strategy,Cost management and budgeting,Contemporary approaches to cost management: use of technology, database management and business analytics,Case Study Review,Case Study Review 2. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Defines cost and related concepts. | 10, 13, 14, 16, 4, 9 | A, E, G |
2. Learns the concepts of cost-volume-profitability and understands the relationship between them. | 10, 12, 13, 14, 16, 6, 9 | A, E, G |
3. Defines the basic principles and methods of cost analysis. | 10, 14, 16, 9 | A, E, G |
4. Defines cost estimation techniques and evaluates their importance in feasibility studies. | 12, 13, 16, 19, 2, 6, 9 | A, E, G |
5. Understands the methods of product, service, process, and job costing. | 10, 13, 14, 16, 4, 6, 9 | A, E, G |
6. Evaluates cost management, planning and budgeting methods in general terms. | 10, 13, 14, 16, 4, 9 | A, G |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 19: Brainstorming Technique, 2: Project Based Learning Model, 4: Inquiry-Based Learning, 6: Experiential Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam, E: Homework, G: Quiz |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | The importance of cost and cost analysis for industrial engineering tools and techniques | Lecture Notes |
2 | Introduction to cost and cost related concepts, different types of costs
| Lecture Notes |
3 | Managing cost, cost and financial accounting activities in organizations | Lecture Notes |
4 | Fundamentals of cost analysis methods | Lecture Notes |
5 | Understanding the concepts of cost, volume and profit and their relationship | Lecture Notes |
6 | Cost-profit-volume analysis | Lecture Notes |
7 | Cost estimation and feasibility analysis | Lecture Notes |
8 | Process and job costing | Lecture Notes |
9 | Activity-based-costing, customer profit analysis | Lecture Notes |
10 | Cost management and organizational strategy | Lecture Notes |
11 | Cost management and budgeting | Lecture Notes |
12 | Contemporary approaches to cost management: use of technology, database management and business analytics | Lecture Notes |
13 | Case Study Review | Lecture Notes |
14 | Case Study Review 2 | Lecture Notes |
Resources |
Cost Management: A Strategic Emphasis, Blocher, 8th edition;, Fundamentals of Cost Accounting, Lanen, 6th edition, lecture notes, power point slides, case studies, sample question solutions |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | An ability to apply knowledge of mathematics, science, and engineering. | X | | | | |
2 | An ability to identify, formulate, and solve engineering problems. | X | | | | |
3 | An ability to design a system, component, or process to meet desired needs within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability. | | X | | | |
4 | An ability to use the techniques, skills, and modern engineering tools necessary for engineering practice. | | X | | | |
5 | An ability to design and conduct experiments, as well as to analyze and interpret data. | X | | | | |
6 | An ability to function on multidisciplinary teams. | X | | | | |
7 | An ability to communicate effectively. | X | | | | |
8 | A recognition of the need for, and an ability to engage in life-long learning.
| X | | | | |
9 | An understanding of professional and ethical responsibility. | | | X | | |
10 | A knowledge of contemporary issues. | | | X | | |
11 | The broad education necessary to understand the impact of engineering solutions in a global, economic, environmental, and societal context. | | | X | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 30 |
Rate of Final Exam to Success | | 70 |
Total | | 100 |
ECTS / Workload Table |
Activities | Number of | Duration(Hour) | Total Workload(Hour) |
Course Hours | 14 | 3 | 42 |
Guided Problem Solving | 5 | 1 | 5 |
Resolution of Homework Problems and Submission as a Report | 0 | 0 | 0 |
Term Project | 1 | 5 | 5 |
Presentation of Project / Seminar | 0 | 0 | 0 |
Quiz | 9 | 2 | 18 |
Midterm Exam | 8 | 7 | 56 |
General Exam | 8 | 8 | 64 |
Performance Task, Maintenance Plan | 0 | 0 | 0 |
Total Workload(Hour) | 190 |
Dersin AKTS Kredisi = Toplam İş Yükü (Saat)/30*=(190/30) | 6 |
ECTS of the course: 30 hours of work is counted as 1 ECTS credit. |
Detail Informations of the Course
Course Description
Course | Code | Semester | T+P (Hour) | Credit | ECTS |
---|
COST ANALYSIS | CEE3133960 | Fall Semester | 3+0 | 3 | 6 |
Prerequisites Courses | |
Recommended Elective Courses | |
Language of Course | English |
Course Level | First Cycle (Bachelor's Degree) |
Course Type | Elective |
Course Coordinator | Assoc.Prof. Melis Almula KARADAYI |
Name of Lecturer(s) | Lect. Özgür EROL |
Assistant(s) | |
Aim | Industrial engineering studies define and apply a number of analyzes and methods based on the most effective evaluation of inputs and the most effective management of constraints. The cost of inputs is one of the most important constraints in these studies. In this course, the concept of cost is introduced in depth, and the financial and cost accounting activities carried out in organizations to make cost calculations are also introduced. In this way, the knowledge, skills and equipment to make cost analysis in feasibility studies, which is one of the main activities of industrial engineering, are provided. |
Course Content | This course contains; The importance of cost and cost analysis for industrial engineering tools and techniques,Introduction to cost and cost related concepts, different types of costs
,Managing cost, cost and financial accounting activities in organizations,Fundamentals of cost analysis methods,Understanding the concepts of cost, volume and profit and their relationship,Cost-profit-volume analysis,Cost estimation and feasibility analysis,Process and job costing,Activity-based-costing, customer profit analysis,Cost management and organizational strategy,Cost management and budgeting,Contemporary approaches to cost management: use of technology, database management and business analytics,Case Study Review,Case Study Review 2. |
Dersin Öğrenme Kazanımları | Teaching Methods | Assessment Methods |
1. Defines cost and related concepts. | 10, 13, 14, 16, 4, 9 | A, E, G |
2. Learns the concepts of cost-volume-profitability and understands the relationship between them. | 10, 12, 13, 14, 16, 6, 9 | A, E, G |
3. Defines the basic principles and methods of cost analysis. | 10, 14, 16, 9 | A, E, G |
4. Defines cost estimation techniques and evaluates their importance in feasibility studies. | 12, 13, 16, 19, 2, 6, 9 | A, E, G |
5. Understands the methods of product, service, process, and job costing. | 10, 13, 14, 16, 4, 6, 9 | A, E, G |
6. Evaluates cost management, planning and budgeting methods in general terms. | 10, 13, 14, 16, 4, 9 | A, G |
Teaching Methods: | 10: Discussion Method, 12: Problem Solving Method, 13: Case Study Method, 14: Self Study Method, 16: Question - Answer Technique, 19: Brainstorming Technique, 2: Project Based Learning Model, 4: Inquiry-Based Learning, 6: Experiential Learning, 9: Lecture Method |
Assessment Methods: | A: Traditional Written Exam, E: Homework, G: Quiz |
Course Outline
Order | Subjects | Preliminary Work |
---|
1 | The importance of cost and cost analysis for industrial engineering tools and techniques | Lecture Notes |
2 | Introduction to cost and cost related concepts, different types of costs
| Lecture Notes |
3 | Managing cost, cost and financial accounting activities in organizations | Lecture Notes |
4 | Fundamentals of cost analysis methods | Lecture Notes |
5 | Understanding the concepts of cost, volume and profit and their relationship | Lecture Notes |
6 | Cost-profit-volume analysis | Lecture Notes |
7 | Cost estimation and feasibility analysis | Lecture Notes |
8 | Process and job costing | Lecture Notes |
9 | Activity-based-costing, customer profit analysis | Lecture Notes |
10 | Cost management and organizational strategy | Lecture Notes |
11 | Cost management and budgeting | Lecture Notes |
12 | Contemporary approaches to cost management: use of technology, database management and business analytics | Lecture Notes |
13 | Case Study Review | Lecture Notes |
14 | Case Study Review 2 | Lecture Notes |
Resources |
Cost Management: A Strategic Emphasis, Blocher, 8th edition;, Fundamentals of Cost Accounting, Lanen, 6th edition, lecture notes, power point slides, case studies, sample question solutions |
Course Contribution to Program Qualifications
Course Contribution to Program Qualifications |
No | Program Qualification | Contribution Level |
1 | 2 | 3 | 4 | 5 |
1 | An ability to apply knowledge of mathematics, science, and engineering. | X | | | | |
2 | An ability to identify, formulate, and solve engineering problems. | X | | | | |
3 | An ability to design a system, component, or process to meet desired needs within realistic constraints such as economic, environmental, social, political, ethical, health and safety, manufacturability, and sustainability. | | X | | | |
4 | An ability to use the techniques, skills, and modern engineering tools necessary for engineering practice. | | X | | | |
5 | An ability to design and conduct experiments, as well as to analyze and interpret data. | X | | | | |
6 | An ability to function on multidisciplinary teams. | X | | | | |
7 | An ability to communicate effectively. | X | | | | |
8 | A recognition of the need for, and an ability to engage in life-long learning.
| X | | | | |
9 | An understanding of professional and ethical responsibility. | | | X | | |
10 | A knowledge of contemporary issues. | | | X | | |
11 | The broad education necessary to understand the impact of engineering solutions in a global, economic, environmental, and societal context. | | | X | | |
Assessment Methods
Contribution Level | Absolute Evaluation |
Rate of Midterm Exam to Success | | 30 |
Rate of Final Exam to Success | | 70 |
Total | | 100 |
Numerical Data
Ekleme Tarihi: 17/12/2023 - 16:45Son Güncelleme Tarihi: 17/12/2023 - 16:45
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