Question: 6 3 : 8 2 : 4 6 : 9 2 : 2 7 What are the foundational theories underpinning operations management? Explore how concepts

63 : 82 : 46 : 92 : 27"What are the foundational theories underpinning operations management? Explore how concepts like Lean Management, Total Quality Management (TQM), and Just-In-Time (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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