What is the meaning of operations research?

Answer Operations research (OR) uses mathematical and scientific functions for making efficient and productive business decisions. OR extensively applies modeling techniques and algorithms for finding the... Read More »

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What is operations research?

Operations research uses linear programming mathematical equations. These equations use numeric values assigned to constraints to find the optimum set of values for the given situation. Each linear... Read More »

The Disadvantages of Operations Research?

Operations research (OR) is an interdisciplinary mathematical science. It uses technology for managerial decision making. In operations research, management formulates a problem and then finds opti... Read More »

Operations Research Schools?

Many schools offer a degree in operations research, which is also known as industrial engineering, management science, financial engineering or other similar names. It uses advanced technology for ... Read More »

Simulation in Operations Research?

There are several operations research models that companies use. These models help the companies find answers to difficult and complex business problems. Simulation techniques are one type. Using s... Read More »