Types of engineers
Th role of industrial engineering
Industrial engineering (IE) plays a significant role in engineering economics. IE promotes investment justification processes that determine the appropriateness and value of projects. It also supports investment analyses correlated with the overall corporate strategy. Moreover, IE advocates evaluation processes that advance interdisciplinary thinking among company employees who design cost models and evaluation frameworks that are utilized in decision support systems for a variety of technological projects. These systems enable industrial engineers to determine the various factors affecting. Industrial engineering is a broad, professional discipline concerned with the analysis and design of systems and procedures for organizing the basic resources of production - people, information, materials, and equipment - to achieve specific objectives. Specializations include human factors engineering, operations research, manufacturing systems, and production management.