Task 1: Critically discuss and evaluate different approaches
Task 1:Critically discuss and evaluate different approaches to managing inventory that are used by manufacturing organizations. You must use academic papers to explain the theoretical foundations of these approaches. You must also show how these theories are relevant from a business practice perspective by incorporating examples of organizations in your answer.Word limit: 950 words.Marks allocation: 25/100Task 2:Critically discuss and evaluate the application and usefulness of total quality management principles in relation to manufacturing organizations. You must use academic papers to explain the theoretical foundations of these approaches. You must also show how these theories are relevant from a business practice perspective by incorporating examples of organizations in your answer.Word limit: 950 wordsMarks allocation: 25/100Task 3:Critically discuss and evaluate the application of different facets of operations strategy that can be used by service organizations. You must use academic papers to explain the theoretical foundations of these approaches. You must also show how these theories are relevant from a business practice perspective by incorporating examples of organizations in your answer.Word limit: 950 wordsMarks allocation: 25/100Presentation:Please pay particular attention to the structure of your report, the English language, referencing and the abstract. The abstract is not included in the word count.Word limit for the abstract: 150 wordsMarks allocation: 10/100Introduction and conclusion:Word limit for the abstract: 150 wordsMarks allocation: 15/100