Economics of Production
Learning Area
Strategy and Value Management
Duration
9 hours 10 minutes
Language
Russian, English
Format
blended
Target Audience
Line Management
This learning solution provides the basics of financial literacy, introduces the types of operational decisions that affect EBITDA and working capital, using the example of shop floor economics. It identifies the principles and criteria for including activities in the operational efficiency programme
Objectives
Understanding of key elements in the economics of production
Mastering the skills of making economically justified operational decisions
Structure and Content
(PRE-testing)
15 minutes
- Online course
- Production economics
50 minutes
- Selecting process optimization options
- Assessing the economic efficiency of initiatives
- Efficient inventory management
- Homework discussion
8 hours
Test on the StartExam platform
15 minutes
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