Explore key frameworks such as Total Quality Management $($TQM$),$ Lean Production, and Six Sigma, and their impact on optimizing processes, enhancing productivity, and minimizing waste. Discuss the role of operations strategy, capacity planning, and inventory management in achieving strategic objectives. Analyze the integration of technology and innovation in operations management practices and their implications for organizational success. Provide examples or case studies to illustrate the practical application of operations management theories. Finally, evaluate the challenges and opportunities associated with implementing these theories in diverse organizational contexts."