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SUMMARY OF TOPICS
EEE610
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 1: LAWS AND ENGINEERING ETHICS
1. Laws
1.0 Laws
Definition of law is a system of rules and guidelines which are enforced through
social institutions to govern behaviour.
Contract is an agreement between two (2) or more people that is legally binding.
Contract is the foundation or base of all commercial transactions. A contract is a deal
from which both parties expect to benefit.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
1.4 Commercial Law:
Commercial law is the body of law that governs business and transactions.
I. Private Law
Involves interactions between private citizens.
II. Public Law
A part of law that governs relationships between individuals and
governments.
Discuss about the laws and regulations that regulate the relationship between
employer and individual employee.
a. Employer
A person who hires an individual to work for that person for an
agreed upon salary which may be either hourly or fixed salary
for a specified period of working time
b. Employee
An individual who agrees to work for a person, to fulfil the job
requirements, works for specific job and hours, and is paid for
the performance of the job.
2. Attracting applications
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
1.7 Employees’ Provident Fund
Types of liability:
1. Manufacturing defect
2. Design defect
3. A failure to warn (also known as marketing defects).
1.10 Guarantees
Guarantees defined as an undertaking by one person to pay the amount due from
another person.
A breach of contract occurs when a party to a contract fails to perform, precisely and
exactly, his obligations under the contract.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2. Engineering Ethics
Ethics is define as the study of characteristics of moral, and involves the moral
choices made by individuals as they interact with other person.
Engineering ethics means rules and standards governing the conduct of engineers in
their roles as professional.
Engineers uphold and advance the integrity, honour and dignity of the engineering
profession by:
I. using their knowledge and skill for the enhancement of human welfare;
II. being honest and impartial, and servicing with fidelity the public, their
employers and clients;
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.3 Engineer’s liabilities and obligations
Obligations placed on engineers are not principally limitations, but enablers of their
practice. Engineers are highly valuable to society. Ethical obligations are necessary in
order for engineers to carry out their profession.
ENGINEERS SCIENTISTS
• To God
• To the environment.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 2: HUMAN RESOURCE MANAGEMENT
Human Resource Management (HRM) is the function within an organization that focuses on
recruitment of, management of, and providing direction for the people who work in the
organization.
Human Resource Development (HRD) is a major hrm function consisting not only of
training and development but also of individual career planning and development
activities, organization development, and performance management and appraisal.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.2 Compensation
1. Equities
2. Bonuses
3. Increments
4. Awards
5. Complimentary vacations
6. Flexibility in working hours
a. Dignity
b. Justice Compensation – package of benefit for work well done by
workers
c. Stability
d. Discrimination
Safety involves protecting employees from injuries caused by work related accidents.
Health refers to the employees’ freedom from physical or emotional illness.
3. Manpower planning
Consists of putting right number of people, right kind of people at the right place,
right time, doing the right things for which they are suited for the achievement of
goals of the organization.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
The procedure:
1. Internal sources
2. External sources
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
3.3 Selecting employee
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 3: ENGINEERING MAINTENANCE, INVENTORY
CONTROL AND RESOURCE MANAGEMENT
3. Types of Maintenance
I. Corrective Maintenance
II. Preventive Maintenance
III. Breakdown Maintenance
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
4. Planned Preventive Maintenance (PPM)
Establishing responsibility
Planning and scheduling work
Preparing work order
Inspection and testing
Record keeping
Evaluating effectiveness and corrective action
5. Breakdown
The objective of breakdown maintenance are the maximisation of the effectiveness of all
critical plant systems, the elimination of breakdowns, the elimination of unnecessary repair,
and the reduction of the deviations from optimum operating conditions.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
6. Predictive Maintenance (PDM)
Measurement.
Analysis / trending
Assessment of machine condition.
Diagnosis of faults.
Reporting
Life cycle cost is the total cost of ownership of machinery and equipment.
Helps engineers justify equipment and process selection based on total costs
rather than the initial purchase price.
Provides best results when both art and science are merged with good
judgment.
Help product suppliers to optimize their design by evaluation of alternatives
and by performing trade-off studies.
Total cost of the product can be calculated over the total span of product life
cycle.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
8.1 The reasons use LCC
Affordability studies
Source selection studies
Design trade-offs
Repair level analysis
Warranty and repair costs
Suppliers sales strategies
9. Inventory control
9.0 Definitions
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
9.1 Purposes of Inventory
Raw materials
Work-in-Process (WIP)
Finished products
Economic Order Quantity (EOQ) is the order quantity that minimizes total inventory
holding costs and ordering costs.
Annual demand, carrying cost and ordering cost for a material can be
estimated.
Average inventory level for a material is half of order quantity.
No safety stock is utilized.
Orders are received all at once.
Materials are used at uniform rate.
Materials are used up when the next order begins to arrive.
Stock-out, customer responsiveness and other cost are neglected.
Quantity discounts do not exist.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
10.1 Inventory Control, Par Stock and Resource Management Models
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 4: SUMMARY OF FINANCIAL MANAGEMENT
1. Introduction
2. Scope of Study
Financial decisions
Investment decisions
Dividend decision: (distribution of fund)
Financial analysis refers to study of financial health from different interested groups
(management, employee, government, suppliers, lenders, investors etc.) point of
view.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.3 Financial Controls
3. Capital Investment
ROI is the most profitability ratio. This analysis compares the magnitude and timing
of investment gains directly with the magnitude and timing of investment costs.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
3.2 Discounting Method of Investment Appraisal
Initial Invesment
There two possible formulas that can be used in calculating net present value,
which is when cash flow, are even and uneven.
1 − (1 + i)-n
NPV = R × − Initial Investment
I
PV = …) − Initial Investment
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
3.5 Internal Rate of Return
The main objective in calculating internal rate of return is to net present value equal
to zero.
NPV = 0
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
Categories of Capital Allowance:
i. The initial allowance of the assets that is given only once in the first year it is
earned.
ii. The annual allowance is granted an annual allowance based on rates set.
Assets cost ×
Assets cost ×
Cash flow reports the movement of cash into and out of the business in a given per
year.
Cash flow statements are broken down into three sections:
i. Operating activities
ii. Investing activities
iii. Financing activities
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
4.4 Profit and Loss Statement
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 5: ENGINEERING ECONOMY
Engineering economy is about determining the economic factors and the economic
criteria utilized when one or more alternatives are considered for selection.
Macroeconomics looks at the total output of a nation and the way nation allocates its
limited resources of land, labour and capital in an attempt to maximize production
levels and promote trade and growth for future generations.
Microeconomics looks into similar issues, but on the level of the individual people
and firms within the economy.
The law of demand states that, if all other factors remain equal.
The law of supply demonstrates the quantities that will be sold at a certain price.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
3.4 Supply and Demand
3.4.1 Equilibrium
When supply and demand are equal, the economy is said to be at equilibrium.
3.4.2 Disequilibrium
The quantity of a good or service supplied is more than the quantity demanded and
the price is above the equilibrium level.
Excess demand is created when price is set below the equilibrium price. Because the
price is too low, too many consumers want the good while the producers are not
making enough of it.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
4. Organization Economic Theory
Agency theory is concerned with the relationship, in which one party (the principle)
delegates work to another (the agent), who performs that work.
There must be many firms in the market, none of which is large in terms of
its sales.
Firms should be able to enter and exit the market easily.
Each firm in the market produces and sells a nondifferentiated or
homogeneous product.
All firms and consumers in the market have complete information about
prices, product quality and production techniques.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
6. Market Conditions for Monopoly
ROI is the most profitability ratio. This analysis compares the magnitude and timing
of investment gains directly with the magnitude and timing of investment costs.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
9. Payback Period
Payback period in capital budgeting refers to the period of time required to recoup
the funds expended in an investment, or to reach the break-even point. For
example, a $1000 investment which returned $500 per year would have a two-year
payback period. The time value of money is not taken into account. Payback period
intuitively measures how long something takes to "pay for itself." All else being
equal, shorter payback periods are preferable to longer payback periods. Payback
period is popular due to its ease of use despite the recognized limitations described
below.:
Where
ny = The number of years after the initial investment at which the last
negative value of cumulative cash flow occurs.
n = The value of cumulative cash flow at which the last negative value of
cumulative cash flow occurs.
p = The value of cash flow at which the first positive value of cumulative
cash flow occurs.
This formula can only be used to calculate the soonest payback period; that is, the
first period after which the investment has paid for itself. If the cumulative cash flow
drops to a negative value some time after it has reached a positive value, thereby
changing the payback period, this formula can't be applied. This formula ignores
values that arise after the payback period has been reached. Another formula for
Payback Period is shown as below:
Initial Investment
Payback Period =
Cash Inflow per Period
When cash inflows are uneven, we need to calculate the cumulative net cash flow
for each period and then use the following formula for payback period:
B
Payback Period = A +
C
In the above formula,
A is the last period with a negative cumulative cash flow;
B is the absolute value of cumulative cash flow at the end of the period A;
C is the total cash flow during the period after A
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 6: MARKETING MANAGEMENT
1. Marketing Management
Customers
Market demand
Competitors
3. Determination of Demand
i. Income
ii. Consumer preferences
iii. Number of buyers
iv. Price of related goods
v. Needs
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
4. Product Planning and Development
The product life cycle stages can be classified in four stages. They are :
5. Marketing Functions
Six marketing function that covers the marketing management which is:
i. Marketing Research
ii. Advertising
iii. Sales
iv. Product planning
v. Product guarantee and back up service
vi. Product distributions and arrangement
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
7. Product Planning
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
CHAPTER 7: ENGINEERING PRACTICES RELATED TO RELEVANT
ACT BY LAWS AND REGULATIONS AND HUMAN RELATION
1. Introduction
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.1 Development of Modern Technological Society
Scientific discoveries,
Changing business self-image and interests,
Changing consumer demand,
Government regulation,
The global citizens movement,
Emerging institutions and paradigms, and
Ultimately changing dominant values.
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.3 Engineering Education and the pursuit for Professional Engineer
status
Professional engineer the meaning and purpose of this act, refers to a person
engaged in the professional practice of rendering service or creative work requiring
education, training and experience.
Chemical engineering
Civil engineering
Electrical engineering.
Mechanical engineering
Communication skills:
i. Body language
ii. Displacement activities
iii. The language of your hands
iv. Eye contact
v. Language
vi. Words
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.5 Principles of Communication
Title page
Acknowledgements
Summary
Table of Contents
Introduction/Terms of Reference/Scope
Procedure
Findings (the evidence)
Conclusions
Recommendations
References/Bibliography
Appendices
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018
2.7 Speaking and Presentation Skills
Presentation Skills:
Your voice
Pauses
Passion and emotions
Humors
Engage your audience
Managing nerves
Using visual aid
Planning
Timing
EEE610 SUMMARY NOTES HJ. Ir. HARIZAN BIN CHE MAT HARIS 02 MARCH, 2018