Question: Discuss the key principles behind forecasting, capacity planning, inventory management, and supply chain coordination. Explore how these concepts are applied in real - world scenarios

Discuss the key principles behind forecasting, capacity planning, inventory management, and supply chain coordination. Explore how these concepts are applied in real-world scenarios to streamline operations, minimize costs, and meet customer demands. Additionally, analyze the role of technology in modern operations management and its impact on decision-making and performance improvement."

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