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Your team has deployed a Retrieval-Augmented Generation (RAG) system serving thousands of users daily. 

Business stakeholders want better answer quality, but they have imposed a strict requirement:

“End-to-end response time must remain below 2 seconds”

Several ideas have been proposed:

1. Increasing top-k retrieval
2. Adding rerankers
3. Using larger embedding models
4. Expanding chunk overlap
5. Query rewriting
6. Hybrid retrieval 
7. Multi-stage retrieval pipelines

Each of these can improve answer quality, but they may also increase latency and operational costs.

How would you design a production RAG architecture that improves retrieval quality while maintaining strict latency requirements?

In your answer, discuss:

1. Retrieval optimizations you would prioritize.
2. When you would use rerankers
3. Hybrid search trade-offs 
4. Query transformation strategies
5. Parallelization opportunities
6. Caching mechanisms
7. How you would measure the impact of each optimization

Explain your production approach and the trade-offs involved. 

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