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L-0. Introduction of OR
L-0. Introduction of OR
sion making.
Steps of OR
1.Identify the problem.
2.Understand the system
3.Verify the requirements
4.Select best alternative
5.Present the result of analy
sis.
6. Choose the best linear pr
ogramming method
7.Evaluate.
Uses of Operations Research
Industries
Defense
Agriculture
Public utility
Airlines
Railways
Advantages:
Provide tool for scientific analysis.
Provide solutions for business problems
better co-ordination.
Limitations
It is tool of analysis not complete deci
sion making process
Internal resistance
Sometimes analytical skills of people
are different so it takes time to reach t
o any decision.
O.R.
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