Mathpedia
Scientific Method for making decisions in Operation Research
The scientific method in Operation Research for making decisions generally involves the following phases – Judgment Phase… […]
Operations Research
Mathpedia
Approaches / Phases / Methodology / Stages of Development of Operation Research
Before proceeding to find the solution to a problem, first of all, one must be able to formulate the problem in the form of an … […]
Operation Research
Advantages and Disadvantages of Operation Research
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 … […]
Mathpedia
Applications of Operation Research in Management
Some areas of management decision making, where the tools and techniques of OR have been successfully utilized are… […]
Operation Research
Significant features / Nature / Characteristics of Operation Research
By OR techniques, we cannot obtain perfect answers to our problems but, only quality of the solution is improved from worse to bad… […]
Operation Research
Meaning of Operation Research
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… […]
Mathpedia
Objective of Operation Research
The objective of Operation research is to provide a scientific basis to the decision makers for solving the problems… […]
Mathpedia
Why most of the definitions of OR are not satisfactory?
Most of the definitions of Operations Research have been offered at different times of development of ‘OR’ and hence are bound to… […]
Operation Research
What is Operations Research? / Definition of Operation Research
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… […]
Mathpedia
Introduction to Operation Research
Operational Research is the scientific study of operations for the purpose of making better decisions. Operations Research… […]