Economics of logistics systems II

Type of study	Follow-up Master
Language of instruction	English
Code	342-6513/02
Abbreviation	ELS II
Course title	Economics of logistics systems II
Credits	4
Coordinating department	Institute of Transport
Course coordinator	doc. Ing. Ivana Olivková, Ph.D.

Subject syllabus

1. Introduction to the subject, definition of basic concepts
2. The essence of business and entrepreneurship
3. Property and capital structure of logistics companies
4. Company property and its financial coverage
5. Efficiency and its basic categories - expenses and costs, calculation and dynamic breakdown of costs
6. Sales, revenues and profit
7. Financial accounting - financial statements and their analysis
8. Ways of financing a company
9. Investments and their efficiency
10. Financial analysis
11. Management in logistics systems - forms of management, operational management, planning
12. Management decision-making - Identification, analysis and formulation of decision-making problems.
13. Management decision-making - Selection of criteria, creation of variants and determination of their consequences
14. Management decision-making - Evaluation of decision-making variants and selection of the most suitable variant

E-learning

https://lms.vsb.cz/

Literature

Liker, J. The Toyota Way. 14 Management Principles from the World’s Greatest Manufacturer. McGraw-Hill Professional, 2004
Womack, J. P., Jones, D. T. Lean Thinking. Free Press, 1996
Womack, J. P., Jones, D. T., Roos, D. The Machine That Changed the World. Free Press, 1991
Shingo, S. Revolution in Manufacturing. Productivity Press, 1985

Advised literature

Sheikh, K. Manufacturing resource planning (MRP II). McGraw-Hill Professional, 2003.
Blackstone, J. H., Cox, J. F. APICS Dictionary. Eleventh Edition. APICS The Association for Operations Management, 2005
Wight, O. W. Manufacturing Resource Planning: MRP II. John Wiley & Sons, 1984.
Toomey, J. W. MRP II: Planning for Manufacturing Excellence. Chapman & Hall, 1996

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