This course tackles the nature, scope, functions, and importance of production and operations management in business. It includes discussions on productivity, competitiveness and strategy, forecasting, production system design, process selection and capacity planning, facilities layout, design of work systems, quality, scheduling, and just-in-time manufacturing systems. Cases will also be used to illustrate and apply the basic production and operations concepts and tools commonly used in business firms.
This course is designed to orient the learners to cost accounting and control framework of business. Topics covered include cost accounting fundamentals, cost terms, concepts, cost behavior, cost flows, cost accumulation, and components of manufacturing cost. This course will emphasize application of systems design such as Job-Order Costing, Process Costing as well as Joint and By-Product Costing.