This widely adopted and well-established book, now in its Third Edition, provides the students of management and engineering with the latest techniques in production and operations management, considered so vital for maximizing productivity and profitability in business. What distinguishes the text is a comprehensive coverage of topics such as contract laws, capacity requirement planning, vendor evaluation including AHP method, quality function deployment, and enterprise resource planning. This book is recommended in Gauhati University, Assam, North Eastern Hill University, Meghalaya, Dr.Sudhir Chandra Sur Degree College, West Bengal, West Bengal University of Technology, WBUT for B.Tech Production Engineering, Trident Academy of Technology, Bhubaneswar (TAT), Utkal University, Odisha for MBA, Biju Patnaik University of Technology, Odisha. The new topics, which are of current interest, along with the characteristic features and easy-to-read style, would enhance the value of this text. The book is primarily intended as a text for postgraduate students of management, undergraduate students of mechanical engineering and undergraduate and postgraduate students of industrial, and production engineering courses. This profusely illustrated and well-organized text with its fine blend of theory and applications would also be useful for the practicing professionals.