Write a SHORT essay of 150 words answering the following questions.
Question 1: What is Operations Management and why is it strategically important to firms regardless of their focus on or mix of products?
Question 2: What are the key similarities and differences between SPC and kaizan?
Question 3: What are the two main Six Sigma techniques, and what is intended to target?
Question 4: What is EOQ and why is it a useful tool for managers in operations?
Question 5: What are the key similarities and differences between Gant charts and PERT/CPM techniques?
Question 6: What is JIT, and what are its principle benefits?
Question 7: Contrast and compare economies of scale and learning effects.