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Operation Research ; - ( Methodology of Operation Research ) - 2. Solving an Operations Research (OR) problem is not a linear process, but the process can be broken down into five general steps: 1. Describing the problem; 2. Formulating the OR model; 3. Solving the OR model; 4. Performing some analysis of the solution; 5. Presenting the solution and analysis. |
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Operation Research ; - ( Introduction, Historical, Major disciplines ) - 1. Operations Research (Operational Research, O.R., or Management science) includes a great deal of problem-solving techniques like Mathematical models, Statistics and algorithms to aid in decision-making. O.R. is employed to analyze complex real-world systems, generally with the objective of improving or optimizing performance. |
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Operation Research ; - ( Decision making ) - 3. Decision making is the process of making choices by identifying a decision, gathering information, and assessing alternative resolutions. Using a step-by-step decision-making process can help you make more deliberate, thoughtful decisions by organizing relevant information and defining alternatives. |
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Engineer. Ahamed Ameen UAE & INDIA
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