Assignment: Product Design in Operations Management$****$Introduction:$**$In the world of business and manufacturing, product design plays a crucial role in ensuring the success and competitiveness of a company. Product design is the process of creating a new product or improving an existing one, considering various factors such as customer needs, market trends, manufacturing capabilities, and cost efficiency. In the context of operations management, product design is a fundamental aspect that directly impacts production processes, quality, and overall efficiency.In this assignment, you will delve into the concept of product design in operations management and explore its significance in driving business success. You will research various aspects of product design and its impact on operations management to gain a comprehensive understanding of this critical subject.$**$Instructions:$**1.$ Research each question thoroughly as a group, considering various reputable sources such as academic journals, industry reports, internet articles, publications and e$-$books$\mathrm{.}2.$ Compose your answers using clear and concise language, providing well$-$reasoned explanations where necessary. Answer to each question should be $1$ Word document page with Normal Margins, Font size $10,$ no spacing between lines, Calibri font$\mathrm{.}3.$ Cite your sources appropriately to avoid plagiarism and uphold academic integrity.$($DO NOT COPY PASTE MATERIAL DIRECTLY FROM INTERNET, USE YOUR OWN WORDS TO ANSWER$)4.$ Submit your answers in a structured format, with each question clearly labeled.$**$Questions:$**1.**$Importance of Product Design in Operations Management:$**$ Why is product design considered a vital element in the field of operations management? Discuss its impact on key operational aspects such as production efficiency, cost management, and product quality. Provide real$-$world examples to support your arguments$\mathrm{.}2.**$Factors Influencing Product Design Decisions:$**$ Identify and elaborate on the factors that influence product design decisions. How do considerations like customer preferences, technological advancements, sustainability, and regulatory requirements shape the design process? Illustrate with relevant case studies or examples$\mathrm{.}3.**$Relationship Between Product Design and Supply Chain Management:$**$ Analyze the relationship between product design and supply chain management. How can effective product design positively impact supply chain efficiency and responsiveness? Conversely, how can poor design decisions lead to supply chain disruptions? Support your answers with practical instances.