What are the situations in which techniques of operation research can be used
Answers
Answer:
Techniques of Operations Research
Transportation Problem.
Assignment Problem.
Queuing Theory.
Game Theory.
Inventory Control Models.
Goal Programming.
Simulation.
Nonlinear Programming.
Explanation:
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Answer:
Organizational management can benefit from the analytical problem-solving and decision-making process known as operations research (OR). In operations research, issues are deconstructed into their simplest forms before being mathematically analyzed and then resolved in a set of processes.
Explanation:
The following steps can be used to roughly breakdown the operations research process:
- Recognizing a problem that needs fixing.
- Creating a model for the issue that incorporates elements of the real world and variables.
- Using the model to generate answers to the issue.
- Analyzing the success of each solution after testing it on the model.
- Putting the actual problem's answer into practice.
The fields of statistical analysis, management science, game theory, optimization theory, artificial intelligence, and network analysis are all related to or overlap with operations research. These methods are all aimed at simplifying difficult issues and enhancing quantitative judgments.
Military strategists developed the idea of operations research during World War II. Following the war, issues in industry, government, and society were addressed using the methods utilized in their operations research.
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