Professional Certificate Course in Production and Cost Analysis and Estimation in Ulster 2024
Average Completion Time
2 Weeks
Accreditation
3 CPD Hours
Level
Advanced
Start Time
Anytime
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Professional Certificate Courses
These are short online certificate courses designed to help you develop professionally and achieve your career goals, while you earn a professional certificate which qualifies you for the appropriate continuous professional development (CPD).
Professional Certificate Course in Production and Cost Analysis and Estimation
The aim of the "Production and Cost Analysis and Estimation" course is to provide students with a comprehensive understanding of the production process, the cost structure of a firm, and the methods used to estimate costs and production functions.After the successful completion of the course, you will be able to:
- Understand the Classical Production Theory.
- Understand the Optimum Factor of Combinations.
- Understand the Price Elasticity of Supply.
- Understand the Short-run and Long-run Cost Theories.
- Understand the Break-even-analysis, Cost-Benefit analysis, Outscoring, and Cost.
- Understand the Learning curve, Product innovation, and Process Innovation Life-Cycle Model.
Accreditation
All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details.Entry Requirements
There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course.The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.
- Business Analyst
- Financial Analyst
- Operations Manager
- Production Planner
- Cost Estimator
- Supply Chain Manager
- Management Consultant
- Economist
Course Modules
This course is an economics course that focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their costs of production to achieve maximum profitability.
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VIDEO - Course Structure and Assessment Guidelines
Watch this video to gain further insight.
-
Navigating the MSBM Study Portal
Watch this video to gain further insight.
-
Interacting with Lectures/Learning Components
Watch this video to gain further insight.
-
Production and Cost Analysis & Estimation
Self-paced pre-recorded learning content on this topic.
-
Production And Cost Analysis And Estimation
Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.
After the successful completion of the course, you will be able to:
- Understand the Classical Production Theory.
- Understand the Optimum Factor of Combinations.
- Understand the Price Elasticity of Supply.
- Understand the Short-run and Long-run Cost Theories.
- Understand the Break-even-analysis, Cost-Benefit analysis, Outscoring, and Cost.
- Understand the Learning curve, Product innovation, and Process Innovation Life-Cycle Model.
This economics course focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their production costs to achieve maximum profitability.
This course is an economics course that focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their costs of production to achieve maximum profitability.
-
VIDEO - Course Structure and Assessment Guidelines
Watch this video to gain further insight.
-
Navigating the MSBM Study Portal
Watch this video to gain further insight.
-
Interacting with Lectures/Learning Components
Watch this video to gain further insight.
-
Production and Cost Analysis & Estimation
Self-paced pre-recorded learning content on this topic.
-
Production And Cost Analysis And Estimation
Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct.
The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience.
- Business Analyst
- Financial Analyst
- Operations Manager
- Production Planner
- Cost Estimator
- Supply Chain Manager
- Management Consultant
- Economist
EUR 44 EUR 79
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Self-study online courses are available 24/7 so you can learn at your pace. This approach offers students who choose distance learning the flexibility to combine studies with work or other commitments.
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Our learners may be paired into study groups to help them keep tabs on group assignments and projects.
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Our programmes are fully accredited by relevant awarding bodies all over the world.
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Youāll be able to connect with other learners throughout your learning journey.
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Our learners get unlimited support from our academic team.
Why MSBM?
Learn at your pace
Self-study online courses are available 24/7 so you can learn at your pace. This approach offers students who choose distance learning the flexibility to combine studies with work or other commitments.
Exclusive study groups
Our learners may be paired into study groups to help them keep tabs on group assignments and projects.
Identity verification
Our certificates and ID cards are verifiable and are strong proof of learnership.
Accredited Courses
Our programmes are fully accredited by relevant awarding bodies all over the world.
A community of true professionals
Youāll be able to connect with other learners throughout your learning journey.
Unlimited Tutor Support
Our learners get unlimited support from our academic team.
Earn certificates to add to your LinkedIn profile.
Upskill, reskill or pursue a passion with short courses across every subject, whether youāre a beginner or already an expert.
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