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MG6863 Engineering Economics Question Bank Regulation 2013 Anna University

MG6863 Engineering Economics Question Bank Regulation 2013 Anna University

MG6863 Engineering Economics Question Bank

MG6863 Engineering Economics Question Bank Regulation 2013 Anna University free download. Engineering Economics MG6863 Question Bank pdf free download.

Sample MG6863 Engineering Economics Question Bank:

Part A

1. State the law of supply and demand.

2. What is sunk cost?

3. Define value engineering.

4. What is effective interest rate?

5. What is future .worth? (mg6863 engineering economics question bank)

6. State· the applications of rate of return method.

7. Define economic life of an asset.

8. Distinguish betw. een challengers and defenders.

9. Define depreciation.

10. State the inerits.of annuity method of depreciation.

11. Give the law of demand. (mg6863 engineering economics question bank)

12. What is economic efficiency?

13. Define Value Engineering.

14. Explain the concept of Discounting.

15. What are the methods of cash flow? (mg6863 engineering economics question bank)

16. What is annual equivalent method of comparing alternatives?

17. List out the types of replacement problem.

18. Define prevention maintenance (PM).

19. Write short notes on: Depreciation. (mg6863 engineering economics question bank)

20. Differentiate Straight line method of depreciation and declining balance method of depreciation..

Part B

1. Two years ago, a machine was purchased at a cost of Rs. 2,00,000 to be usefui for eight years. Its salvage at the end ofits life is Rs. 25,000. The
annual maintenance cost is Rs. 25,000. The market value of the present
machine is Rs. 1,20,000. Now, a new machine to cater to the need of the present machine is available at Rs. 1,50,000 to be useful for six years. Its
annual maintenance cost is Rs 14,000. The salvae value of the new
machine is Rs. 20,000. Using an interest rate of 12%, find whether it is worth replacing the present machine with the new machine. (16) (mg6863 engineering economics question bank)

2. A person is planning for his retired life. He has 10 more years of
service. He would like to deposit Rs. 8,500 at the end of the first
year and thereafter he wishes to deposit the amount with an annual decrease of Rs. 500 for the next 9 years with an interest rate of 15%. Find the total amount at the end of the lOth year of the above series. (mg6863 engineering economics question bank)

Subject Name Engineering Economics
Subject Code MG6863
Regulation 2013
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MG6863 Engineering Economics Important questions Regulation 2013 Anna University

MG6863 Engineering Economics Important questions Regulation 2013 Anna University

MG6863 Engineering Economics Important questions

MG6863 Engineering Economics Important questions Regulation 2013 Anna University free download. Engineering Economics MG6863 Important questions pdf free download.

Sample MG6863 Engineering Economics Important questions:

1. What is elasticity of demand?

Elasticity of demand may be defined as „the degree of responsiveness of quantity demanded to a change in price‟.

2. Define the term „cost‟.

Cost may be defined as a total of all expenses incurred, whether paid or outstanding, in the manufacture and sale of a product.

3. What is opportunity cost?

Opportunity cost may be defined as the potential benefit that is given up as an alternative course of action is sought. In other words, the expected return of benefit for gone in rejecting one course of action for another.

(mg6863 engineering economics important questions)

4 . What do you mean by marginal cost?

The Institute of Costs and Works Accountants of India defined marginal cost as, “the amount at any given volume of output by which aggregate costs are changed, if the volume of output is
increased or decreased by one unit”.

5. Explain marginal costing?

Marginal costing is defined by the ICWA as, “the ascertainment by differentiating between fixed costs, and variable costs, of marginal costs and of the effect on profit of changes in volume or type of output”. (mg6863 engineering economics important questions)

6. What is meant by marginal revenue?

The revenue that can be obtained from selling one more unit of product is called marginal revenue.

7. Give a short note on sunk cost. (M/J 2012)

A cost which was incurred or sunk in the past and is not relevant to the particular decisionmaking is a sunk cost or sunk loss. It may be variable or fixed or both.

8. List out the elements of cost.

The elements of cost are
a. Materials
b. Labour and
c. Expenses. (mg6863 engineering economics important questions)

Subject Name Engineering Economics
Subject Code MG6863
Regulation 2013
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MG6863 Engineering Economics Important questions click here to download

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MG6863 Engineering Economics Notes Regulation 2013 Anna University

MG6863 Engineering Economics Notes Regulation 2013 Anna University

MG6863 Engineering Economics Notes

MG6863 Engineering Economics Notes Regulation 2013 Anna University free download. Engineering Economics MG6863 Notes pdf free download.

OBJECTIVES MG6863 Engineering Economics Notes:

To enable students to understand the fundamental economic concepts applicable to engineering and to learn the techniques of incorporating inflation factor in economic decision making.

OUTCOMES MG6863 Engineering Economics Notes :

Upon successful completion of this course, students will acquire the skills to apply the basics of economics and cost analysis to engineering and take economically sound decisions.

TEXT BOOKS MG6863 Engineering Economics Notes:

1. Panneer Selvam, R, “Engineering Economics”, Prentice Hall of India Ltd, New Delhi, 2001.

MG6863 Engineering Economics Notes REFERENCES:

1. Chan S.Park, “Contemporary Engineering Economics”, Prentice Hall of India, 2011.

2. Donald.G. Newman, Jerome.P.Lavelle, “Engineering Economics and analysis” Engg. Press, Texas, 2010.

3. Degarmo, E.P., Sullivan, W.G and Canada, J.R, “Engineering Economy”, Macmillan, New York, 2011.

4. Zahid A khan: Engineering Economy, “Engineering Economy”, Dorling Kindersley, 2012.

Efficient functioning of any business organization would enable it to provide goods/services at a lower price.

In the process of managing organizations, the managers at different levels should take appropriate economic decisions which will help in minimizing investment, operating and maintenance expenditures besides increasing the revenue, savings and such other gains of the organization.

These can be achieved through Engineering Economics which deals with the methods that enable one to make economic decisions towards minimizing costs and/or maximizing benefits to business organizations.

This chapter discusses the elements of economics and the interaction between its various components. This is followed by an analysis of the need and scope of engineering economics. Later, elements of cost and break-even analysis are presented.

Subject Name Engineering Economics
Subject Code MG6863
Regulation 2013
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MG6863 Engineering Economics Syllabus

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MG6863 Engineering Economics Syllabus Regulation 2013 Anna University

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MG6863 Engineering Economics Syllabus

MG6863 Engineering Economics Syllabus Regulation 2013 Anna University free download. Engineering Economics MG6863 Syllabus pdf free download.

UNIT I INTRODUCTION TO ECONOMICS MG6863 Engineering Economics Syllabus

Introduction to Economics- Flow in an economy, Law of supply and demand, Concept of Engineering Economics – Engineering efficiency, Economic efficiency, Scope of engineering economics – Element of costs, Marginal cost, Marginal Revenue, Sunk cost, Opportunity cost, Break-even analysis – V ratio, Elementary economic Analysis – Material selection for product Design selection for a product, Process planning.

UNIT II VALUE ENGINEERING MG6863 Engineering Economics Syllabus

Make or buy decision, Value engineering – Function, aims, Value engineering procedure. Interest formulae and their applications –Time value of money, Single payment compound amount factor, Single payment present worth factor, Equal payment series sinking fund factor, Equal payment series payment Present worth factor- equal payment series capital recovery factor – Uniform gradient series annual equivalent factor, Effective interest rate, Examples in all the methods.

UNIT III CASH FLOW MG6863 Engineering Economics Syllabus

Methods of comparison of alternatives – present worth method (Revenue dominated cash flow diagram), Future worth method (Revenue dominated cash flow diagram, cost dominated cash flow diagram), Annual equivalent method (Revenue dominated cash flow diagram, cost dominated cash flow diagram), rate of return method, Examples in all the methods.

UNIT IV REPLACEMENT AND MAINTENANCE ANALYSIS MG6863 Engineering Economics Syllabus

Replacement and Maintenance analysis – Types of maintenance, types of replacement problem, determination of economic life of an asset, Replacement of an asset with a new asset – capital recovery with return and concept of challenger and defender, Simple probabilistic model for items which fail completely.

UNIT V DEPRECIATION MG6863 Engineering Economics Syllabus

Depreciation- Introduction, Straight line method of depreciation, declining balance method of depreciation-Sum of the years digits method of depreciation, sinking fund method of depreciation/ Annuity method of depreciation, service output method of depreciation-Evaluation of public alternatives- introduction, Examples, Inflation adjusted decisions – procedure to adjust inflation, Examples on comparison of alternatives and determination of economic life of asset.

Subject Name Engineering Economics
Subject Code MG6863
Regulation 2013
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MG6863 Engineering Economics Syllabus click here to download

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TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank Regulation 2013 Anna University

TQM-GE6757-TOTAL-QUALITY-MANAGEMENT-Question-Bank-Regulation-2013-Anna-University

GE6757 TOTAL QUALITY MANAGEMENT Question Bank

TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank Regulation 2013 Anna University free download. GE6757 Question Bank TOTAL QUALITY MANAGEMENT TQM free pdf download.

Sample GE6757 TOTAL QUALITY MANAGEMENT Question Bank:

Part-A

1. How can quality can be quantified? [Nov/Dec’11]

2. What are the benefits of TQM? [Nov/Dec’11]

3. List the various factors which constitute the framework of TQM. [May/June’12]

4. Define the tools required to implement kaizen in a manufacturing system. [May/June’12] (TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank)

5. List out the six basic concept of TQM.[Nov/Dec ‘12] [Nov/Dec ‘13]

6. What are the four absolutes of quality observed by Crosby? [Nov/ Dec’13] [Nov/Dec’13]

7. What are the elements of TQM? [May/June’13]

8. What do you mean by service quality ? [May/June’13]

9. What are the dimensions of service quality? [Nov/Dec’13]

10. Why is quality required in products and services today ? [May/June ‘14]

11. How is quality defined? [May/June’14] (TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank)

Part – B

1. Discuss the Deming’s philosophy for TQM [Nov /Dec ’11 ,May /June ’12 , Nov/ Dec ’12 , Nov/Dec ’13,Nov/Dec ’14, May/June ’15 ]

2. Describe the barriers in the implementation of TQM [ Nov/Dec’11 ,Nov/Dec ’12,
Nov/Dec’13] (TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank)

3. Explain the various dimensions of quality [Nov/Dec’11 ,Nov /Dec’12 , May /June ’13, May /June ’14]

4. Discuss Juran’s principles of quality improvement [May /June ’12, May ‘13, May ‘14] (TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank)

Part A

1. What are the important habits of quality leader? [Nov/Dec’11]

2. Name few barriers to Teams’ Progress. [Nov/Dec’11]

3. How are the customer needs and requirements documented? [May/June ‘12]

4. What are the benefits of 5S? [May/June ‘12] (TQM GE6757 TOTAL QUALITY MANAGEMENT Question Bank)

5. State the importance of customer retention. [Nov/Dec ‘12]

6. What is kaizen? [Nov/Dec ‘12]

7. List out the characteristics of successful quality leaders. [May/June ‘13]

8. List out the four benefits of employee empowerment. [May/June ‘13]

9. What are the different types of quality statement.[Nov/Dec’13] (GE6757 TOTAL QUALITY MANAGEMENT TQM Question Bank)

10. What is 5S? [Nov/Dec’13]

11. Write an example for quality statement [May/June’14]

12. What is the relationship between competition and customer focus? [May/June ‘14]

Subject Name TOTAL QUALITY MANAGEMENT
Subject Code GE6757
Regulation 2013
File PDF

GE6757 TOTAL QUALITY MANAGEMENT Question Bank click here to download

GE6757 TOTAL QUALITY MANAGEMENT Syllabus

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GE6757 TOTAL QUALITY MANAGEMENT Important questions Regulation 2013 Anna University

GE6757-TOTAL-QUALITY-MANAGEMENT-Important-questions-Regulation-2013-Anna-University

GE6757 TOTAL QUALITY MANAGEMENT Important questions

TQM GE6757 TOTAL QUALITY MANAGEMENT Important questions Regulation 2013 Anna University free download. GE6757 Important questions TOTAL QUALITY MANAGEMENT TQM free pdf download.

Sample GE6757 TOTAL QUALITY MANAGEMENT Important questions:

1. Define quality. (May 2010) (APRIL 2014) (May/June2014) (Apr/May 2015)

Quality = Performance x Expectations
(i) Quality is defined as the predictable degree of uniformity and dependability, at low costSuited to the market. (Deming).
(ii) Quality is defined as fitness for use (Juan).
(iii) Quality is defined as conformance to requirements (Crosby).
(iv) Quality is totality of the characteristics of entity that bear on its ability to satisfy stated And implied needs (ISO).

2. What are the dimensions of quality? (GE6757 Total Quality Management Important questions)

Performance—such as acceleration of a vehicle;
Reliability—that the product will function as expected without failure;
Features—the extras that are included beyond the basic characteristics;
Durability—expected operational life of the product; and
Serviceability—how readily a product can be repaired.

3. Define Total Quality? (DEC 2010) GE6757 Total Quality Management Important questions

TQM is an enhancement to the traditional way of doing business. It is the art of managing the whole to achieve excellence. It is defined both a philosophy and a set of guiding principles that represent the foundation of a continuously improving organization. It is the application of quantitative methods and human resources to improve all the processes within an organization and exceed customer needs now
and in the future. It integrates fundamental management techniques, existing improvement efforts, and technical tools under a disciplined approach.

Subject Name TOTAL QUALITY MANAGEMENT
Subject Code GE6757
Regulation 2013
File PDF

GE6757 TOTAL QUALITY MANAGEMENT Important questions click here to download

GE6757 TOTAL QUALITY MANAGEMENT Syllabus

GE6757 TOTAL QUALITY MANAGEMENT Notes

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GE6757 TOTAL QUALITY MANAGEMENT Notes Regulation 2013 Anna University

GE6757-TOTAL-QUALITY-MANAGEMENT-Notes-Regulation-2013-Anna-University

GE6757 TOTAL QUALITY MANAGEMENT Notes

GE6757 TOTAL QUALITY MANAGEMENT Notes Regulation 2013 Anna University free download. GE6757 Notes TOTAL QUALITY MANAGEMENT free pdf download.

OUTCOMES GE6757 TOTAL QUALITY MANAGEMENT Notes:

The student would be able to apply the tools and techniques of quality management to manufacturing and services processes.

TEXT BOOK GE6757 TOTAL QUALITY MANAGEMENT Notes:

1. Dale H. Besterfiled, et at., “Total quality Management”, Third Edition, Pearson Education Asia, Indian Reprint, 2006.

REFERENCES GE6757 TOTAL QUALITY MANAGEMENT Notes:

1. James R. Evans and William M. Lindsay, “The Management and Control of Quality”, 8th Edition, First Indian Edition, Cengage Learning, 2012.

2. Suganthi.L and Anand Samuel, “Total Quality Management”, Prentice Hall (India) Pvt. Ltd., 2006.

3. Janakiraman. B and Gopal .R.K., “Total Quality Management – Text and Cases”, Prentice Hall (India) Pvt. Ltd., 2006.

QUALITY PLANNING GE6757 TQM Notes:

The following are the important steps for quality planning.

1. Establishing quality goals.

2. Identifying customers.

3. Discovering customer needs.

4. Developing product features.

5. Developing process features.

6. Establishing process controls and transferring to operations.

IMPORTANT POINTS TO BE NOTED WHILE QUALITY PLANNING GE6757 TQM Notes :

1. Business, having larger market share and better quality, earn returns much
higher than their competitors.

2. Quality and Market share each has a strong separate relationship to profitably.

3. Planning for product quality must be based on meeting customer needs, not just meeting product specifications.

4. For same products. We need to plan for perfection. For other products, we need to plan for value.

Recognition is a process by which management shows acknowledgement of an
employee’s outstanding performance.

GE6757 TOTAL QUALITY MANAGEMENT Notes Various ways for Recognition and Rewards are

1. Recognition can be expressed using verbal and written praise.

2. Rewards may be in the form of certificates and plaques.

3. Reward is normally in the form of cinema tickets, dinner for family etc.

4. The financial compensation (for recognition) can be paid in terms of increased
salaries, commissions, gain sharing etc.

5. The efforts of employees can be recognized by promotions, special job
assignments etc.

Subject Name TOTAL QUALITY MANAGEMENT
Subject Code GE6757
Regulation 2013
File PDF

GE6757 TOTAL QUALITY MANAGEMENT Notes click here to download

GE6757 TOTAL QUALITY MANAGEMENT Syllabus

GE6757 TOTAL QUALITY MANAGEMENT Important Questions

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Categories
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GE6757 TOTAL QUALITY MANAGEMENT Syllabus Regulation 2013 Anna University

GE6757-TOTAL-QUALITY-MANAGEMENT-Syllabus-Regulation-2013-Anna-University

GE6757 TOTAL QUALITY MANAGEMENT Syllabus

GE6757 TOTAL QUALITY MANAGEMENT Syllabus Regulation 2013 Anna University free download. GE6757 Syllabus TOTAL QUALITY MANAGEMENT free pdf download

OBJECTIVES GE6757 TOTAL QUALITY MANAGEMENT Syllabus:

To facilitate the understanding of Quality Management principles and process.

UNIT I INTRODUCTION GE6757 TQM Syllabus

Introduction – Need for quality – Evolution of quality – Definitions of quality – Dimensions of product and service quality – Basic concepts of TQM – TQM Framework – Contributions of Deming, Juran and Crosby – Barriers to TQM – Quality statements – Customer focus – Customer orientation, Customer satisfaction, Customer complaints, Customer retention – Costs of quality.

UNIT II TQM PRINCIPLES GE6757 TOTAL QUALITY MANAGEMENT Syllabus

Leadership – Strategic quality planning, Quality Councils – Employee involvement – Motivation, Empowerment, Team and Teamwork, Quality circles Recognition and Reward, Performance appraisal – Continuous process improvement – PDCA cycle, 5S, Kaizen – Supplier partnership – Partnering, Supplier selection, Supplier Rating.

UNIT III TQM TOOLS AND TECHNIQUES I GE6757 TQM Syllabus

The seven traditional tools of quality – New management tools – Six sigma: Concepts, Methodology, applications to manufacturing, service sector including IT – Bench marking – Reason to bench mark, Bench marking process – FMEA – Stages, Types.

UNIT IV TQM TOOLS AND TECHNIQUES II GE6757 TOTAL QUALITY MANAGEMENT Syllabus

Control Charts – Process Capability – Concepts of Six Sigma – Quality Function Development (QFD) – Taguchi quality loss function – TPM – Concepts, improvement needs – Performance measures.

UNIT V QUALITY SYSTEMS GE6757 TOTAL QUALITY MANAGEMENT Syllabus

Need for ISO 9000 – ISO 9001-2008 Quality System – Elements, Documentation, Quality Auditing – QS 9000 – ISO 14000 – Concepts, Requirements and Benefits – TQM Implementation in manufacturing and service sectors..

Subject Name TOTAL QUALITY MANAGEMENT
Subject Code GE6757
Regulation 2013
File PDF

GE6757 TOTAL QUALITY MANAGEMENT Syllabus click here to download

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ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank Regulation 2013 Anna University

ME6703-COMPUTER-INTEGRATED-MANUFACTURING-SYSTEMS-Question-Bank-Regulation-2013-Anna-University

ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank 

ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank Regulation 2013 Anna University free download. ME6703 Question Bank COMPUTER INTEGRATED MANUFACTURING SYSTEMS free pdf download.

Sample ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank:

1 Mention few elements of CIM. M/J 16

2 State the objectives of implementation of CIM. M/J 16

3 Mention the reasons for implementing CAD? A/M 15

4 Write the various methods for representing the solids in CAD A/M 15

5 Compare surface modelling & solid modelling. M/J 14 (ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank)

6 What are the specific characterstics that have to be incorporated in CIM models? N/D 14

7 Define computer integrated manufacturing. M/J 14

8 Specify the range of applications for which geometric modelling information is used? N/D 13

9 What are the drawing features of CAD package? M/J 12

10 What is the advantage of solid modelling? M/J 12

11 What is the cycle time in manufacturing?

12 What is a bottleneck station? (ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank)

13 What is production capacity?

14 What is utilization in manufacturing plant?

15 What is availability?

16 What is manufacturing lead time?

17 What is work-In-process inventory? (ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank)

18 Name five typical factory overhead expenses?

19 Name five typical corporate overhead express?

20 What is the difference between hard product variety and soft product variety?

21 What is the difference between single model production line & mixed model production line?

22 What is lean production? (ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank)

23 In lean production, what is Just-In-Time delivery of parts?

24 Name seven forms of waste in production?

25 What is objective of Just-In-Time production?

26 What is kanban? What are the two types of kanban?

27 What is the difference between push system & pull system in production control?

28 What does autonomation mean. (ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank)

PART – B

1. Explain the following terms and bring out their differences between CAM and CIM. (8) M/J 16 With an example, discuss the differences between CAM and CIM.
(8) M/J 16

2 What is CAD? Explain the various design related tasks performed by CAD.

(ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank)

Subject Name COMPUTER INTEGRATED MANUFACTURING SYSTEMS
Subject Code ME6703
Regulation 2013
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ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Important questions

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ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Important questions Regulation 2013 Anna University

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ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Important Questions 

ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Important questions Regulation 2013 Anna University free download. ME6703 Important questions COMPUTER INTEGRATED MANUFACTURING SYSTEMS free pdf download.

Sample ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Important questions:

PART-A

1. Define CAD.

2. Describe CAM

3. Identify what is CIM.

4. Examine Manufacturing Planning

5. Where is Manufacturing Control applied?  (ME6703 computer integrated manufacturing systems Important questions)

6. Name the relationship between CAD and CAM?

7. Summarize Concurrent Engineering.

8. Discuss the concepts of CIM.

9. Contrast the elements of CIM system.

10. Express the types of production.  (ME6703 computer integrated manufacturing systems Important questions)

11. Demonstrate the manufacturing models.

12. Show the manufacturing metrics.

13. Examine the mathematical Models.

14. Analyze the production Performance.  (ME6703 computer integrated manufacturing systems Important questions)

15. Classify the basic elements of automated system.

16. Compare the levels of automation.

17. Explain details on lean production.

18. Criticize JIT production.

19. Prepare the salient features of JIT.

20. Formulate the components of Lean.

PART-B (ME6703 computer integrated manufacturing systems Important questions)

1. Describe the basic activities that must be carried out in a factory to convert raw material into finished product

2. (a) Examine what is meant by product data management? Explain why it is important in CAD/CAM integration.

(b) Identify the main element of automated system.

3. (a) Name various level of automation.

(b) Define MUDA and KAIZEN with example.

4. When the conditions are to be fulfilled in order to implement JIT concept effectively

5. (a) Describe the need for CIM and the issues addressed by CIM  (ME6703 computer integrated manufacturing systems Important questions)

(b) Summarize are the various activities of a manufacturing plant which can be carried out through computer control?

6. (a) Discuss the main elements of CIM systems.

(b) Express how does IT facilitate concurrent engineering?

7. (a) Distinguish the different types of manufacturing.

Subject Name COMPUTER INTEGRATED MANUFACTURING SYSTEMS
Subject Code ME6703
Regulation 2013
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ME6703 COMPUTER INTEGRATED MANUFACTURING SYSTEMS Question Bank