"How does Operations Management optimize processes to enhance efficiency and productivity? Explore the fundamental principles underlying operational strategies, such as lean manufacturing and just$-$in$-$time inventory. How do these principles apply to real$-$world scenarios in industries like manufacturing, healthcare, or service? Discuss the role of technology in streamlining operations and improving decision$-$making. Additionally, analyze the importance of quality management and its impact on customer satisfaction. How do businesses balance cost$-$effectiveness with quality standards?"