Question: How do operational management theories and practices optimize organizational processes and enhance efficiency? Discuss the fundamental principles of operational management, including process design, capacity planning,
How do operational management theories and practices optimize organizational processes and enhance efficiency? Discuss the fundamental principles of operational management, including process design, capacity planning, inventory management, and quality control. Explore how these theories are applied across various industries and organizational contexts to streamline operations, reduce costs, and improve customer satisfaction. Additionally, examine the role of technology, data analytics, and continuous improvement methodologies in modern operational management strategies, addressing challenges and opportunities in today's dynamic business environment.
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