Question: How does operations management contribute to organizational efficiency and effectiveness? Explore the basic principles underlying operations management and its role in optimizing processes, resources, and

"How does operations management contribute to organizational efficiency and effectiveness? Explore the basic principles underlying operations management and its role in optimizing processes, resources, and quality. How do concepts like supply chain management, inventory control, and process design enhance operational performance? Discuss the significance of forecasting, capacity planning, and scheduling in operations management. Lastly, how do businesses apply these theories to real

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world scenarios to improve productivity and meet customer demands?"

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