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Introduction to Operations Research

Operations research is an analytical problem-solving method that breaks problems down into components and solves them through defined mathematical steps. It develops potential solutions, analyzes and reduces them to test the most workable options through simulated and real-world implementation involving psychology and management science. Operations research uses interdisciplinary teams and systems approaches to scientifically model problems and find optimal solutions to improve issues like waiting lines, resource allocation, and equipment replacement through executive cooperation.

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Pramod Kumar
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124 views2 pages

Introduction to Operations Research

Operations research is an analytical problem-solving method that breaks problems down into components and solves them through defined mathematical steps. It develops potential solutions, analyzes and reduces them to test the most workable options through simulated and real-world implementation involving psychology and management science. Operations research uses interdisciplinary teams and systems approaches to scientifically model problems and find optimal solutions to improve issues like waiting lines, resource allocation, and equipment replacement through executive cooperation.

Uploaded by

Pramod Kumar
Copyright
© © All Rights Reserved
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Download as DOCX, PDF, TXT or read online on Scribd

OPERATION RESEARCH

Operations research (OR) is an analytical method of problem-solving and


decision-making that is useful in the management of organizations. In operations
research, problems are broken down into basic components and then solved in
defined steps by mathematical analysis.

1. A set of potential solutions to a problem is developed. (This set may be


large.)
2. The alternatives derived in the first step are analyzed and reduced to a small
set of solutions most likely to prove workable.
3. The alternatives derived in the second step are subjected to simulated
implementation and, if possible, tested out in real-world situations. In this
final step, psychology and management science often play important roles.

It can be used for solving different types of problems,


such as:
i. Problems dealing with the waiting line, the arrival of units or persons requiring
service.

ii. Problems dealing with the allocation of material or activities among limited
facilities.

iii. Equipment replacement problems.

Nature of operational research


 Inter- disciplinary team approach
 System approach
 Helpful in improving the quality of solution
 Scientific method
 Goal oriented optimum solution
 Use of models
 Required willing executives

SCOPE OF OPERATIONAL RESEARCH


 Administration
 Intelligence
 Operations
 Tanning and supply

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