This book "Management of Production and Operation" for management and engineering (course and different semesters) is a unique publication compiled by professionals with immense experience in field and academics. It comprehensively reflects multitude entities and nuances of Production & Operations Management such as production management, industrial management, production planning & control, production & operations control, production & inventory control etc. under a single umbrella. The book seamlessly introduces the reader into the world of production / operation management and gives a conventional view on important factors influencing the economic growth of a business organization, market demand, key decision- making goals and techniques & trends to achieve various objectives. The book illustrates the important and emerging methodologies involved in converting raw material to a finished product of a desired quality, bringing together the six M's of production management - men, money, machines, materials, methods and markets.