Operations Research

Operations research, or operational research in British usage, is a discipline that deals with the application of advanced analytical methods to help make better decisions. It is often considered to be a sub-field of mathematics. The terms management science and decision science are sometimes used as more modern-sounding synonyms.

Employing techniques from other mathematical sciences, such as mathematical modeling, statistical analysis, and mathematical optimization, operations research arrives at optimal or near-optimal solutions to complex decision-making problems. Because of its emphasis on human-technology interaction and because of its focus on practical applications, operations research has overlap with other disciplines, notably industrial engineering and operations management, and draws on psychology and organization science. Operations Research is often concerned with determining the maximum (of profit, performance, or yield) or minimum (of loss, risk, or cost) of some real-world objective. Originating in military efforts before World War II, its techniques have grown to concern problems in a variety of industries.

Read more about Operations ResearchOverview, History, Problems Addressed With Operational Research, Management Science, Societies and Journals

Other articles related to "operations research, research, operations":

Management Science (journal)
... Management Science A Journal of the Institute for Operations Research and the Management Sciences is a peer-reviewed academic journal covering the techniques of operations research and ... It is published by the Institute for Operations Research and the Management Sciences and was established in 1954 by the Institute's precursor, The Institute of ...
Systems Engineers - Related Fields and Sub-fields
... Operations research Operations research supports systems engineering ... The tools of operations research are used in systems analysis, decision making, and trade studies ... Several schools teach SE courses within the operations research or industrial engineering department, highlighting the role systems engineering plays in complex projects ...
Logic Tools - Key People
... He serves as the editor-in-chief of Operations Research, the flagship journal of INFORMS ... He also served as the editor-in-chief of Naval Research Logistics ... in operations research from Tel-Aviv University ...
Operations Research - Societies and Journals
... Societies The International Federation of Operational Research Societies (IFORS) is an umbrella organization for operational research societies worldwide, representing approximately 50 national ... Other important operational research organizations are Simulation Interoperability Standards Organization (SISO) and Interservice/Industry Training, Simulation and ... This initiative has been adopted by the Operational Research Society in the UK, including a website entitled Learn about OR ...
Military Operations Research Society
... The Military Operations Research Society (MORS) is a society for professionals active within defense applications of operations research (OR) in the United States ... The Military Operations Research Society arranges symposia and courses, and publishes books, a quarterly bulletin called Phalanx, and a peer reviewed journal called Military Operations ... The Military Operations Research Society (MORS) has served the Department of Defense analytic community for over forty years and now also includes other ...

Famous quotes containing the words research and/or operations:

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