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 »

The Methods of Operations Research?

During World War II, American scientists put to use a wide variety of mathematical tools to solve problems posed by the war situation. This field later came to be known as "operations research." To... 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 »