Question: Explore foundational concepts in Operations Management, including process improvement, quality control, and supply chain management. Assess the role of forecasting and inventory management in meeting
Explore foundational concepts in Operations Management, including process improvement, quality control, and supply chain management. Assess the role of forecasting and inventory management in meeting customer demand while minimizing costs. Discuss strategies for capacity planning and scheduling to enhance operational flexibility. Furthermore, examine the integration of technology and innovation in modern operations for improved performance. How do these principles translate into realworld applications and competitive advantage?"
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