Question: What are the foundational principles and techniques employed in Operations Management to improve efficiency and productivity across industries? Explore the role of forecasting, capacity planning,
"What are the foundational principles and techniques employed in Operations Management to improve efficiency and productivity across industries? Explore the role of forecasting, capacity planning, inventory management, and quality control in optimizing operational processes. Discuss the application of Operations Management strategies in meeting customer demands while minimizing costs. Explain the significance of lean manufacturing, justintime inventory, and continuous improvement in achieving operational excellence within organizations."
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