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OPERATIONAL RESEARCH

Operation research concerned with the future i.e. provision of information for policy formulation, planning and decision-making. It is used in both public and private sectors .

Details
language english
wordcount 1037 (cca 2.5 pages)
contextual quality N/A
language level N/A
price free
sources 0
Table of contents

Definition.
Historical perspective of operations research
Golden trend in operations research
Models in operation research
Types of models used in operation research
Advantages of operation research
Weakness
Future of operations research

Preview of the essay: OPERATIONAL RESEARCH

OPERATIONAL RESEARCH Definition. Operations research can be defined as the application of scientific methods to problems involving the control organized (non machine) systems so as to provide optimal solutions which best serve the purpose. Operations research is concerned with identifying, presenting and interpreting information that is used for formulating a ...





... systematic manner. vi) Government Operation research helps the government during budgeting to know which sector should get what and which project should start when and end when.
Essay is in categories

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Economics
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Engineering
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Information Technologies
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Humanistic Studies
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Sociology
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Comments
Princess R.

The historical perspective presented in this paper is somewhat familiar to me in my past lessons!




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