Question: organizations optimize their processes to maximize efficiency and minimize costs in Operations Management? Discuss key strategies for inventory management, quality control, and supply chain coordination.

organizations optimize their processes to maximize efficiency and minimize costs in Operations Management? Discuss key strategies for inventory management, quality control, and supply chain coordination. Explore the role of technology in streamlining operations and enhancing productivity. Analyze the importance of forecasting in meeting customer demands and managing resources effectively. Evaluate the impact of lean manufacturing principles on operational performance. Lastly, discuss the significance of continuous improvement initiatives in ensuring long

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term success in operations."

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