Systems Engineering
INDUSTRIAL COSTING
Description
Theory/Practice
2
Instructors
Andreia Gama
Contents
0 Introduction
0.1 Economy and sustainable development
0.2 Renewable resources and non-renewable resources
I Concept of Product Life Cycle Assessment;
I.1. Objectives and reason for the approach
I.2. Evaluation phases
I.3. Types of life cycle assessment
I.4. Standardization of procedures
II The total cost
II.1. Analysis of the cost of products throughout the life cycle
II.2. Cost valuation using the net present value, IRR, Payback Period
III Calculation of internal costs
III.1. Introduction
III.2. Main Concepts
III.3. Cost Components
III.4. Global Cost Calculation
IV. Costing Systems and Methods
V. Develop an investment project
Learning Outcomes
OB1 Acquire habits of critical reflection and develop research, synthesis, structuring and information presentation skills;
OB2 Make students aware of the finite capacity of the earth's resources and the need to manage them properly;
OB3 Introduce trainees to the concept of Product Life Cycle Assessment;
OB4 Raise awareness of the need to calculate total costs throughout the life cycle of products;
OB5 Introduce global cost assessment techniques;
OB6 Be aware of internal costs calculations in the company and one of the possible ways to set prices;
OB7 Develop an investment project, applying the previous knowledge