Quality Control: Explain the difference between Six Sigma and Total Quality Management (TQM) approaches to quality control. Provide examples of industries where each approach is most commonly applied. Supply Chain Management: Discuss the concept of supply chain risk management and its importance in today's global business environment. Provide strategies for mitigating supply chain risks. Capacity Planning: In the context of manufacturing, what is the difference between "design capacity," "effective capacity," and "actual output"? How can a company optimize its effective capacity to meet changing market demands? Inventory Management: Describe the ABC analysis method for inventory classification. How does it help organizations prioritize their inventory control efforts? Provide a practical example of how ABC analysis can be applied. Lean Manufacturing: Explain the principles of lean manufacturing and how they differ from traditional mass production methods. Provide real-world examples of companies that have successfully implemented lean practices and the benefits they have achieved