Question: 6 3 : 8 2 : 4 6 : 9 2 : 2 7 What are the foundational theories underpinning operations management? Explore how concepts
: : : : "What are the foundational theories underpinning operations management? Explore how concepts like Lean Management, Total Quality Management TQM and JustInTime JIT systems contribute to operational efficiency. Discuss the significance of operations strategy in achieving organizational objectives and sustaining competitive advantage. Additionally, analyze the role of theories such as Theory of Constraints TOC and Six Sigma in optimizing processes and improving overall performance in diverse industries."
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