INDUSTRIAL PROJECT PROPOSAL

I, Malvika Singh, a bonafide student of M.Sc. Operational Research at Faculty of

Mathematical Sciences, University of Delhi would like to do a project on applications
of OR in your esteemed organisation. This two-month long project is an
important component of our curriculum and exposes us to real life applications of our
subject. It involves working on a project objective and submitting a report in the end.
We can discuss the possibilities of the area I can work upon.

OPERATIONAL RESEARCH
In today’s highly competitive market, its crucial to manage your resources well. Business
owners are constantly making decisions that involve many factors. Most of the time,
these factors are uncertain, and business managers are forced to make decisions
based on their intuition and just a best guess. Operations research (OR) is a tool that
helps small business owners run their companies better by taking a lot of murky factors
and putting them into a manageable format.

THE OBJECTIVES OF OR ARE-

 DECISION MAKING AND IMPROVING THE OBJECTIVE.

 IDENTIFY OPTIMUM SOLUTIONS.

 INTEGRATING THE SYSTEMS.

 IMPROVING THE OBJECTIVITY OF ANALYSIS.

 MINIMIZING COST AND MAXIMIZING PROFIT.

 IMPROVING THE PRODUCTIVITY.

 SUCCESS IN COMPETITION AND MARKET

(I assure you that all the data provided by the organisation for the project work will be strictly confidential.)