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Career Talk Work & Career 2 years ago
Posted on 16 Aug 2022, this text provides information on Work & Career related to Career Talk. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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manpreet![Tuteehub forum best answer]()
Best Answer
2 years ago
The objective of Operation Research is to assist the decision makers with solutions based on the scientific basis for problems that involve a lot of moving parts, by employing people from different disciplines in pursuit of a solution that is good enough. Operation Research tries to empower decision making in areas where an efficient allocation of scarce resources is a prime concern whether it be capital, human effort, time or other resources. Operation Research has applications in- Production / Manufacturing ManagementFinance Budgeting / InvestmentsPurchasing / Procurement / Logistics / Supply Chain ManagementMarketing & Revenue Management, Telecommunication Networks.