Operations Management encompasses the design, implementation, and control of processes that transform inputs into outputs. Key theories include Taylor's Scientific Management, emphasizing efficiency through standardization and specialization; Fayol's Administrative Management, focusing on organizational structure and managerial functions; and Deming's Total Quality Management, emphasizing continuous improvement and customer satisfaction. Additionally, Operations Management draws from Queueing Theory, which analyzes waiting lines and resource utilization, and Supply Chain Management theories, which optimize the flow of goods and services across interconnected networks. How do these theories inform modern operational strategies and decision$-$making processes?