Question: 3 4 :@#@companies effectively manage their operations to optimize efficiency and productivity? Discuss the fundamental principles and theories underlying operations management, including process design, capacity

34:@#@companies effectively manage their operations to optimize efficiency and productivity? Discuss the fundamental principles and theories underlying operations management, including process design, capacity planning, inventory management, and quality control. Explore how these concepts are applied in real-world scenarios to enhance performance and meet customer demands. Consider the role of technology and innovation in modern operations management practices. Additionally, analyze potential challenges and strategies for overcoming them in the pursuit of operational excellence."

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