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This course is the first in a series of three courses in entrepreneurial engineering and will introduce students to industrial and entrepreneurial engineering. Topics covered include labor and material analysis for new and existing products, forecasting demand for products, estimation of product cost, and development of corporate financial statements.
Credits: 3 hours
Lecture Hours - Laboratory Hours: (3 - 0)
Course Objectives |
ABET-TAC Outcomes2 |
Performance Criteria Measured1 |
|
|---|---|---|---|
An ability to identify, formulate, and solve engineering problems. |
e | E1: Learning curve assignment. |
|
An understanding of the entrepreneurial process, including financial analyses. |
l | L2: Financial statements assignment. |
|
Recognition of the need for life-long learning. |
i | I2: Career plan assignment. |
|
Understand how to compute labor and material components of product cost. |
|
Performance Criteria1: IME performance criteria may be found at http://www.wmich.edu/ime/performance-criteria.html
ABET-TAC Outcomes2: Outcomes may be found at http://www.abet.org/
*results tracked in ABET course notebooks
The Entrepreneurial Engineer by David Goldberg. Wiley and Sons, 2006.
Bob White
Western Michigan University
F-216 Parkview Campus
Kalamazoo, Michigan 49008-5336
Phone: 276-3379
Email: bob.white@wmich.edu
Revision Date: Summer 2011