Resource Management: Materials management. Purchasing methods. Contracts. Stores and Inventory Control. Resource Utilization. Time value of money. Interest formulae. Rate of return. Methods of economic evaluation. Selection between alternatives. Planning Decision-making Forecasting, Planning, Scheduling. Production control. Gantt Chart C. P. M. and PERT.

Optimization. Linear programming as an aid to decision-making. Elementary treatment of decision-making policies under risks and uncertainties.

Transport and Materials Handling Selection of transport media for finished goods, raw materials and equipment. Facility layout and location. Work study and production processes.

Basic principles of work study. Principles of motion economy. Ergonomics in the design of equipment and processes.Introduction to Computer Softwares used in Management.

  Phase behaviour of natural gas systems; retrograde phenomena in natural gas mixtures; binary mixtures. Vapourization – equilibrium constants. Bubble point and dew point determination. Field processing: flash calculation; stage separation. Water hydrocarbon system; water content, storm distillation, fractional distillation, binary distillation, multi-component distillation. Absorption and adsorption; removal of H2S and CO2 from natural gas. Gas plant design, LPG and LNG systems.

 


Level of Study: 500 Level