Question: operations management optimize efficiency and productivity in businesses? Explore key concepts like process design, capacity planning, inventory management, and quality control. How do these principles

operations management optimize efficiency and productivity in businesses? Explore key concepts like process design, capacity planning, inventory management, and quality control. How do these principles contribute to streamlining operations and reducing costs? Discuss the significance of forecasting in operations management and its role in meeting customer demand. Finally, analyze the importance of supply chain management in ensuring smooth operations and satisfying customer needs. Provide examples to illustrate these principles in action."

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