Question: Explore the fundamental principles behind inventory management, quality control, and supply chain coordination. Discuss the role of technology in streamlining operations and meeting customer demands.

Explore the fundamental principles behind inventory management, quality control, and supply chain coordination. Discuss the role of technology in streamlining operations and meeting customer demands. Analyze strategies for capacity planning, scheduling, and resource allocation. How do businesses balance cost-effectiveness with maintaining quality standards? Consider the importance of lean manufacturing and continuous improvement initiatives in achieving operational excellence."

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