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FINANCIAL FUNDAMENTALS FOR PRODUCTION & TECHNICAL PEOPLE
General Description
This course is designed for production, engineering, research and other technical people who need an understanding of costs and profitability and the financial consequences associated with the day-to-day decision making process in a production or research and development environment. The significant impact production and technical people have on profitability is stressed throughout the workshop.
Objectives
Participants gain the knowledge and skills needed to ...
Better understand the financial implications of technical decisions
Link production/technical issues with financial metrics
Apply financial concepts to technical business decisions
Make better financial decisions affecting the well-being of the business
Content
Financial statements
Yield improvement analysis
Cost behavior
Break-even analysis
Make vs. buy decisions
Discounted cash flow analysis
Limited resource decisions
Lease vs. buy decisions
Cost of capital
Capital project analysis
Duration: 1 - 2 days
Phone (610)388-0969 / Fax (610)388-8654 /
info@sircoconsultants.com
Copyright © 1999 Sirco Consultants, Inc. All rights reserved
Instructor Led
Multi Media
Executive Coaching
Impact Consortium
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