The aim of the course is to give the students basic knowledge about different methods for economic calculation in industrial companies.
The course, in this way, prepares the student for working in a context that requires understanding of how of economic factors play a role in the production of an industrial company.
The following calculation methods are covered:performance analysis, product calculation with variable costing, cost-price calculation with absorption costing,
ABC calculation and different methods for capital budgeting.
The calculation methods are applied together with relevant revenue analyses in a concrete ”business case” where sustainability issues are also analysed.
The course consists of lectures, calculation exercises and work with written assignments in groups.
ME1043 Costing and Investment Calculation in Industrial Companies 3.0 credits
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Application
For course offering
Spring 2025 Start 17 Mar 2025 programme students
Application code
60436
Content and learning outcomes
Course contents
Intended learning outcomes
On completion of the course, the student should be able to:
1 Give an account of and explain basic calculation concepts from the subject area of Industrial engineering
2 Choose, apply and interpret economic calculations as a basis for decisions in different business situations in industrial companies
3 give an account of how sustainability aspects can be integrated in economic calculations.
Literature and preparations
Specific prerequisites
General entry requirements.
Recommended prerequisites
Equipment
Literature
Examination and completion
If the course is discontinued, students may request to be examined during the following two academic years.
Grading scale
Examination
- INL1 - Assignment, 1.0 credits, grading scale: P, F
- SEM1 - Seminar, 1.0 credits, grading scale: P, F
- TEN1 - Partial exam, 1.0 credits, grading scale: A, B, C, D, E, FX, F
Based on recommendation from KTH’s coordinator for disabilities, the examiner will decide how to adapt an examination for students with documented disability.
The examiner may apply another examination format when re-examining individual students.
Opportunity to complete the requirements via supplementary examination
Opportunity to raise an approved grade via renewed examination
Examiner
Ethical approach
- All members of a group are responsible for the group's work.
- In any assessment, every student shall honestly disclose any help received and sources used.
- In an oral assessment, every student shall be able to present and answer questions about the entire assignment and solution.