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Therefore, Production Management can be defined as the management of the conversion process,
which converts land, labor, capital, and management inputs into desired outputs of goods and services.
It is also concerned with the design and the operation of systems for manufacture, transport, supply or
service.
3. Difference between Operations and Production In the transformation process, the inputs change the
form into an output, by adding value to the entity. The output may be a product or service.
Operations research can also be known as management science or, if applied to the
engineering field, industrial engineering. It was developed out of the management
science theory work completed during the First and Second World Wars. It is essentially
a form of problem-solving and can be applied to a wide range of business problems and
planning. For example, it has been used to help controlling air traffic, to predict when
there will be an increased need for power supply from utility companies, to improve
manufacturing processes and to model the behaviour of retail customers.
The operational research and its applications are one of the most important fields of applied mathematics.
So, this special issue focuses on this subject. The aim of this special issue is to present and extend the
applications of the relatively new approaches and theories for the OR and its applications. The editors
hope that the special issue will provide new ideas in the development of OR.
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Operational Research
Development and application of advanced analytical methods to support improved decision-
making, especially in relation to the operation of complex and uncertain systems. These methods
draw heavily on mathematics, statistics and computer science and include, for example,
modelling, optimisation, forecasting, simulation, data analysis, stochastic processes and
computational research. Research in this area may incorporate aspects of complexity science.
Applications include, for instance: manufacturing, service and supply chain operations including
the circular economy; healthcare; transportation; telecommunications and networks; policy
modelling; environment and energy; resource efficiency; security and defence; revenue
management; financial engineering; logistics; and reliability and maintenance.
This is a new, cross-cutting research area encompassing Mathematical Aspects of Operational
Research, Engineering Approaches to Manufacturing Operations and elements of Transportation
Operations and Management. There are also relevant research areas in Information and
Communication Technologies (ICT) which link to this area, especially Artificial Intelligence
Technologies.
Operational Research
OR is defined as “ Application of quantitative methods to the solution of management
problems which includes a systems approach in which a large number rather than a few factors
are considered by a groups of scientists from different fields”.
OR does not press upon the need of new techniques and new inventions, their demand
is for systems composed of currently available techniques which give the optimal utilization of
scarce economic resources.
Any formalized quantitative analysis whose purpose is to improve the efficiency in a
situation where ‘efficiency’ is clearly defined.
Whenever social medicine passes from the stage of observation & classification to that
of discovering & recommending appropriate action, it is involved in OR.