Question: fundamental principles and strategies involved in optimizing processes and resources. Investigate the significance of forecasting, capacity planning, inventory management, and quality control in ensuring operational

fundamental principles and strategies involved in optimizing processes and resources. Investigate the significance of forecasting, capacity planning, inventory management, and quality control in ensuring operational success. Additionally, discuss the impact of concepts like lean production and Six Sigma on productivity and waste reduction. Lastly, assess the role of operations management in meeting customer needs and gaining competitive advantage in the market."

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