The main training objective of the course of Economics of Production Processes is the learning by students of the fundamental concepts of economy and business organization, through which they can use in the future professional life the scientific knowledge acquired, applying them in the context of industrial production system.

  • Aims and content
    • LEARNING OUTCOMES

      "The main training objective of the course of Economics of Production Processes is the learning by students of the fundamental concepts of economy and business organization, through which they can use in the future professional life the scientific knowledge acquired, applying them in the context of industrial production system. "

      AIMS AND LEARNING OUTCOMES

      Expected learning outcomes:
      a) Evaluation of the economic and financial information of a company
      b) Evaluation of investment projects
      c) Monitoring and management of industrial projects

      SYLLABUS/CONTENT

      A) The business system
      (i) Legal structure and technological-organizational structure
       Shareholders, Board of Directors, Management, Governance
       Analysis of the activities of a company
      (ii) Fini of the company
       Maximization of economic value
       The policy of social responsibility
      B) Determination of the production level
      (i) Evaluation of the application
      (ii) Cost analysis
       Standardization, standardization and modularity
       Economies of scale and economies of learning
       Fixed, variable and total costs
       Determination of the break-even point and analysis of elasticity
       Cost estimation in the process industry
      C) The logic of choices in production companies
      (i) Criteria and funding restrictions
       Financial documents of companies
       Growth strategies
      (ii) Investment theory and technological innovation
       Definition of Net Present Value, Discounted Cash Flow and Return on Investment
       Evaluation of risk and uncertainty
      D) The environment business relationship
      (i) Environmental externalities
       Examples of allocation of scarce natural assets
       Constraints on pollution level: command-and-control legislation and negotiable rights of
      emission
      (ii) Cost-Benefit Analysis
      E) Project management
      (i) Monitoring techniques of results and budget
      (ii) Quantitative tools: linear programming
       Simplex method
       Branch & Bound method for integer problems

       

      RECOMMENDED READING/BIBLIOGRAPHY

      G. Azzone e U. Bertelé – L’impresa- Sistemi di governo, valutazione e controllo- 5 a Ed. –Rizzoli
      Etas, 2011
      M. Peters,K. Timmerhaus andRonald West - Plant Design and Economics for Chemical Engineers-
      5 a Ed. –McGraw-Hill Education, 2000

      Presentations handouts.

  • Who
    • Teacher(s)
      Exam Board
      80198 - ECONOMIA DEI PROCESSI PRODUTTIVI
      Vincenzo Dovi' (President)
      Paolo Moretti
      Alberto Servida
  • How
  • Where and when
    • LESSONS START

      27/2/2018

      OFFICE HOURS FOR STUDENTS
      Sessions
      Date Time Type Place Notes
      15 giugno 2018 11:00 Orale Genova
      17 luglio 2018 11:00 Orale Genova
      31 luglio 2018 11:00 Orale Genova
      17 settembre 2018 11:00 Orale Genova
      2 ottobre 2018 11:00 Orale Genova
  • FURTHER INFORMATION
    • The entire program will be presented in the lectures. The notes for each lesson will be available in slide collections .

  • Contacts