This book elucidates new techniques and their applications in a multidisciplinary approach with respect to production management. It describes in detail the various concepts and methods used in this field. Production management provides a layout of all aspects of a product’s lifecycle from the processes in the factory to logistics and planning of resources. It is specially designed for students to gain basic knowledge about the primary concepts of production management. Coherent flow of topics, student-friendly language and extensive use of examples make this textbook an invaluable source of knowledge. It aims to serve as a resource guide for students and facilitate the study of the discipline.