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    Operations research (OR) originated from scientific studies of military operations during World War II to improve decision making. It uses techniques like linear programming, game theory, decision theory, queuing theory, inventory models, simulation, network scheduling, and information theory to make optimal decisions, improve quality, minimize costs and maximize profits. The objective of OR is to identify optimal solutions and improve the objectivity and effectiveness of analysis.

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    Operations research (OR) originated from scientific studies of military operations during World War II to improve decision making. It uses techniques like linear programming, game theory, decision theory, queuing theory, inventory models, simulation, network scheduling, and information theory to make optimal decisions, improve quality, minimize costs and maximize profits. The objective of OR is to identify optimal solutions and improve the objectivity and effectiveness of analysis.

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    8 views8 pages

    OR Module 1 (SOUMYA)

    Uploaded by

    rahul ramesh
    Operations research (OR) originated from scientific studies of military operations during World War II to improve decision making. It uses techniques like linear programming, game theory, decision theory, queuing theory, inventory models, simulation, network scheduling, and information theory to make optimal decisions, improve quality, minimize costs and maximize profits. The objective of OR is to identify optimal solutions and improve the objectivity and effectiveness of analysis.

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    of 8

    OPERATIONS RESEARCH

    Prof.Soumya Saju
    MODULE 1
    Development of OR
     What is OR?
     Nature and scope of Operations Research
     Phases of OR
     Significance of OR
     Limitations of OR
     Models of OR
    Defenition

     Operational Research is the scientific


    study of operations for the purpose of
    making better decisions
    History
     ORhas been existed as a science since
    1930’s

     Butas a formal discipline OR is


    originated by the effort of the military
    planner during world war II
     Theanalytical study of military
    problems was undertaken to provide
    scientific basis for decisions to
    improve the military operations
     Inthe decade after world war II the
    techniques began to be applied more
    widely in problems of Business,
    Industries and Societies
    Objectives
     Decision making and improve its quality
     Identify Optimum Solution
     Improve the objectivity of Analysis
     Minimize the cost and Maximize the profit
     Improve the productivity
     To develop more effective approaches to

    the programming
    O.R. Tools and Techniques
     Linear Programming:
     Game Theory:
     Decision Theory
     Queuing Theory:
     Inventory Models
     Simulation:
     Network Scheduling:
     Information Theory:

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