In addition to the objective function,Ī set of (physical, technical, economic, environmental, legal, societal, etc.) constraints
This quality is expressed by the objectiveįunction that is maximized (profit, product quality, speed of service or jobĬompletion, and so on), or minimized (cost, loss, risk of some undesirable event,Įtc.). Management, and materials requirements planning.įollowing the general optimization paradigm, when applying operations research, a decision-maker selects the key decision variables that will influence the overall Resource planning, total quality management, just-in-time production and inventory Research-related business applications such as supply-chain management, enterprise Improving a quantitative decision making procedure. All these disciplines share the objective of Theory, constraint logic programming, artificial intelligence, fuzzy decision-making, Of goods, military operations, production process control, risk management, sequencingĪnd scheduling of tasks, telecommunications, and traffic control.Ĭlosely related disciplines (with significant overlaps among these) include decision analysis, systems analysis, management science, control Has great many applications, for instance, in agricultural planning, biotechnology,ĭata analysis, distribution of goods and resources, emergency and rescue operations,Įngineering systems design, environmental management, financial planning, healthĬare management, inventory control, manpower and resource allocation, manufacturing The central objective of operations research is optimization, i.e., "to do things best under the given circumstances." This general concept Thousands of books have been written worldwide on the subject of operations research. Operations research is a vast branch of mathematics which encompasses many diverse areas of minimization and optimization. Interactive Entries > Interactive Demonstrations >