Question: 4 : operations management contribute to organizational efficiency and effectiveness? Discuss the fundamental principles and techniques used in operations management to optimize processes and resources.

4 : operations management contribute to organizational efficiency and effectiveness? Discuss the fundamental principles and techniques used in operations management to optimize processes and resources. Explain the role of forecasting, capacity planning, and inventory management in ensuring smooth operations. Explore how quality management and continuous improvement methodologies enhance productivity. Lastly, analyze the significance of supply chain management in meeting customer demands and maintaining competitiveness in the market."

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