This new edition of the well-known text-book captures the quintessence of changing global management culture as applicable to the practicing discipline of Production and Operations Management. It has an enhanced universal appeal as globally important topics and issues have been discussed. With numerous solved problems, it has presented the various themes and nuances in a reader-friendly fashion. The author?s comprehensive yet lucid style of writing and the numerous examples ? Indian and foreign ? make this book a delectable reading. An indispensable text for students of management, engineering courses, and a good source of reference for practicing executives, it is a must for the students and teachers alike.