Materials Financial Management

This book is a textbook for B.E. and B. Tech. students of Mechanical, Production and Industrial Engineering disciplines. It is also required as textbook for M. Tech. (Production), Industrial Engineering and Industrial Design and M.B.A. and M.C.A. students. Materials are needed in every organization for their production and service activities. Cost is acquired to procure or purchase these materials. Materials and Financial Management is the activity of every organisation for managing these resources which are related to planning, procuring or purchasing, storing and providing appropriate mate.