Operations Management optimize processes to enhance efficiency and productivity? Discuss the fundamental principles governing operations strategy and decision$-$making. Explain the importance of capacity planning, inventory management, and quality control in achieving organizational objectives. How do businesses apply forecasting techniques to predict demand accurately? Explore the role of technology in streamlining operations and improving performance. Highlight key performance metrics used to measure operational effectiveness. What are the basic strategies for managing supply chains effectively in today's dynamic business environment?"