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About Intro To or Class Notes For Session 1 2 3 and 4 14 Sep 18
Operations research (OR) uses quantitative approaches and scientific methods to help managers make decisions, especially regarding allocating scarce resources. OR emerged during World War II when teams with diverse expertise worked to solve military problems. After the war, OR was applied to industry. Common OR tools include linear programming, game theory, decision theory, queuing theory, and simulation. OR aims to provide rational, quantitative bases for decision-making in complex systems where complete information is lacking.
Detailed Information
| Author: | ['Avdhesh'] |
|---|---|
| Publication Year: | 2019 |
| Pages: | 43 |
| Language: | English |
| Format: | |
| Price: | FREE |
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