1 what are the features of operations research? what are the limitations of operations research?
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Operations research OR means to apply scientific and mathematical methods for decision making and problem solving.
OR does not provide decisions else it provides quantitative data to the managers. The managers use this data for making decisions.
OR tries to find better solutions to different problems. Hence, it is used to solve complex management problems.
OR helps to take decisions about operations and production.
OR does not provide decisions else it provides quantitative data to the managers. The managers use this data for making decisions.
OR tries to find better solutions to different problems. Hence, it is used to solve complex management problems.
OR helps to take decisions about operations and production.
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Explanation:
The limitations of operations research include a higher cost than other systems, relying on technology, not accounting for the human element, and the potential that the estimates used could be wrong.
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