Question: How does theory inform the practice of operations management? Explore the foundational principles such as process optimization, supply chain management, quality control, and inventory management
How does theory inform the practice of operations management? Explore the foundational principles such as process optimization, supply chain management, quality control, and inventory management that underpin operational decisionmaking. Investigate the application of theoretical frameworks like lean manufacturing, Six Sigma, and operations research in improving efficiency, reducing costs, and enhancing customer satisfaction. Discuss the role of data analytics and technology integration in driving operational excellence and agility. Furthermore, analyze the impact of global trends, market dynamics, and organizational strategy on operational strategies and tactics. Consider case studies and realworld examples to illustrate the practical implications of theoretical concepts in operations management.
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