Question: Explore how principles such as lean management, total quality management, and Six Sigma can be applied to streamline operations, reduce waste, and improve overall performance.

Explore how principles such as lean management, total quality management, and Six Sigma can be applied to streamline operations, reduce waste, and improve overall performance. Additionally, consider the role of technology, supply chain management, and strategic decision-making in aligning operational strategies with business objectives. How do these theories help in addressing challenges such as resource allocation, capacity planning, and quality control? Finally, analyze real-world examples of successful implementation of operations management theories and their impact on organizational success and competitiveness."

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