Abstract:
Operations Research (OR) is the application of scientific & mathematical
techniques to study & analyse problems involving complex systems. It enables more
effective decisions and more productive systems based on robust data, the fuller
consideration of available options, and careful prognosis of outcomes and estimates of
risk. It is considered a kit of scientific and programmable rules which provides the
managementa“quantitativebasis”fordecisionsconcerningthe operation under its
regulation
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