Question: Explain key concepts such as efficiency, quality control, and inventory management. How do these principles apply in industries like manufacturing and service sectors ? Discuss

Explain key concepts such as efficiency, quality control, and inventory management. How do these principles apply in industries like manufacturing and service sectors? Discuss the significance of capacity planning and scheduling in ensuring smooth operations. How can operations strategies adapt to market demands and changing consumer preferences? Explore the role of technology in modernizing operations and improving productivity. What are the challenges faced in implementing effective operations management practices?"

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