What is Operations Research or Operational Research?
“Operational Research (OR) is the discipline of applying advanced analytical methods to help make better decisions.
By using techniques such as problem structuring methods and mathematical modelling to analyze complex situations, Operational Research gives executives the power to make more effective decisions and build more productive systems.”
“.. a scientific approach to the solution of problems in the management of complex systems.”
“… an understanding is sought which will facilitate the choice and the implementation of more effective solutions which, typically, may involve complex interactions among the elements of the system…”
“Organisations may seek a very wide range of operational improvements…”
“OR can offer the flexibility and adaptability to provide objective help.”
“The objective of Operational Researchers is to work with clients to find practical and pragmatic solutions to operational or strategic problems…”
“Most of the problems OR tackles are complex, often entailing considerable uncertainty. OR can use advanced quantitative methods, modelling, problem structuring, simulation and other analytical techniques…”
OR “… in practice is a team effort, requiring close cooperation among the decision-makers, the skilled OR analyst and the people who will be affected by the management action.”
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