International Industrial Management

Production Data Analysis & Big Data

Integrated course, 1.50 ECTS

 

Course content

Content of the lecture:
• Data analysis in production
• Technical compilation and analysis of production data
• Using data mining in manufacturing companies
• Recognising data patterns with the help of data mining, to generate manufacturing strategies
• Analysis of production data generated by means of plant simulation

Language of instruction: English

Learning outcomes

The students are able to
• explain the key concepts of strategic and operative production management.
• explain the role and contribution that controlling makes towards ensuring effectivity and efficiency in production.
• optimise production processes and costs according to their level of priority and evaluate new methods of production.
• analyse potentials and costs in implementing specific production systems in a company.
• link complex production systems
• understand the content and structure of a business plan, including the relevant contexts and circumstances.
• devise integrated business models and valid business plans, which will convince decision makers, investors and banks.
• evaluate and interpret business plans
describe the challenges of business project planning in an international business environment.
• devise, plan and optimise projects in terms of their business control parameters, turnover, costs and cash flow.

Recommended or required reading and other learning resources / tools

Books:
• Fandel, Günter/Fistek, Allegra: Produktionsmanagement
• Andreas Klein/Harald Schnell: Controlling in der Produktion: Instrumente, Strategien und Best-Practices
• Gottmann, Juliane: Produktionscontrolling: Prozesse und Kosten optimieren
• Yakut, Yasin: Erzielen von Wettbewerbsvorteilen durch Data Mining in Produktion und Logistik
• Fahrmeir, Ludwig und Künstler, Rita: Statistik: Der Weg zur Datenanalyse
• Kronthaler, Franz: Statistik angewandt: Datenanalyse ist (k)eine Kunst
• Osterwalder Alexander, Pigneur Yves: Business Model Generation: Ein Handbuch für Visionäre, Spielveränderer und Herausforderer
• Kailer Norbert, Weiß Gerold: Gründungsmanagement kompakt: Von der Idee zum Businessplan
• Pomp Thoms: Praxishandbuch Financial Due Diligence
The lecturer agrees to communicate an updated list of recommended literature in accordance with the syllabus.
Journals:

Mode of delivery

Integrated lecture

Prerequisites and co-requisites

1. and 2. semesters