Advantages & Disadvantages of Operation Research: Operations Research also has certain limitations. These limitations are mostly related to the model building and money and time factors … […]
Some areas of management decision making, where the tools and techniques of OR have been successfully utilized are… […]
OR is useful to the Industry Director in deciding optimum allocation of various limited resources such as men, machines, material, money… […]
By OR techniques, we cannot obtain perfect answers to our problems but, only quality of the solution is improved from worse to bad… […]
Meaning or Explanation or Sense of Operation Research – To some, OR is that certain body of problems, techniques, and solutions that has been accumulated under the name of OR… […]
The objective of Operation research is to provide a scientific basis to the decision makers for solving the problems… […]
Most of the definitions of Operations Research have been offered at different times of development of ‘OR’ and hence are bound to… […]
The main origin of Operation Research was during the Second World-War, when there was a critical need to manage scarce … […]
What is Operations Research? / Definition of Operation Research – Some important and interesting opinions about the definition of OR, which have been changed according to the development of the… […]
Operational Research is the scientific study of operations for the purpose of making better decisions. Operations Research… […]
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