Question: 3 4 :organizations optimize processes to enhance efficiency and productivity in Operations Management? Explore the fundamental principles governing resource allocation, scheduling, and inventory management. Discuss

34:organizations optimize processes to enhance efficiency and productivity in Operations Management? Explore the fundamental principles governing resource allocation, scheduling, and inventory management. Discuss strategies for minimizing waste and maximizing output while maintaining quality standards. How do businesses apply these principles in real-world scenarios to achieve competitive advantage and meet customer demands effectively? Analyze the role of technology and innovation in shaping modern operational practices, ensuring adaptability in dynamic market environments."

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