Operations research originated during World War II when the British military sought expert advice on optimal resource allocation. It has since been widely applied to business and industry problems and involves applying scientific methods to complex organizational issues. Operations research aims to provide optimal solutions through interdisciplinary teamwork and systems analysis.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
0 ratings0% found this document useful (0 votes)
30 views13 pages
Introduction To OR
Operations research originated during World War II when the British military sought expert advice on optimal resource allocation. It has since been widely applied to business and industry problems and involves applying scientific methods to complex organizational issues. Operations research aims to provide optimal solutions through interdisciplinary teamwork and systems analysis.
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 13
Quantitative
Methods INTRODUCTION TO OPERATIONS RESEARCH The Origins of Operations Research
• Originated during World War II, when the British
military management contacted a group of experts together to use a scientific approach in the study of military operations to win the conflict.
• The term Operations Research (OR) was first
coined by MC Closky and Trefthen in 1940 in a small town, Bowdsey of UK. Their mission was to formulate specific proposals and to arrive at the decision on optimal utilization of scarce military resources and also to implement the decisions effectively. The Origins of Operations Research • When the war ended, the success of OR in the war effort spurred interest in applying OR outside the military as well.
• It is now widely used in military, business,
industry, transportation, public health, crime investigation, etc. The Nature of Operations Research What is Operations Research? • The application of methods of science to complex problems arising in the direction and management of large number of men, machines, materials, and money, in industry, business, government, and defense.
• A discipline that deals with the application of
advanced analytical methods to help make better decisions.
• The application of scientific methods, techniques, and tools to the problems
involving the operations of a system so as to provide those in control of the system with optimum solution to the problem. The Nature of Operations Research The Nature of Operations Research
Characteristics of Operations Research
• It is Inter-disciplinary team approach • It is a system approach • It is scientific approach (Defining, Observing, Formulating, Testing, Analyzing • It increases creative ability of the decision maker • It is a continuing process • It frequently attempts optimal solution The Impact of Operations Research
• It has made a significant contribution to increasing the productivity of the
economies of various countries. • It has made a significant contribution to improving the efficiency of numerous organizations around the world. • OR currently is one of the fastest-growing career areas for U.S. college graduates. • The International Federation of Operational Research Societies (IFORS) was organized with a good number of countries as members. The Impact of Operations Research The Impact of Operations Research Opportunities and Shortcomings Limitations of OR • Dependence on an Electronic Computer • The setFactors • Non-Quantifiable 𝐷 is called the domain of the function. • Estimation • Wrong The number 𝑓(𝑥) is the value of 𝑓 at 𝒙 and is read “𝑓 of 𝑥.” • Involves Time and Cost • The • Operations rangeis of research 𝑓 is the a costly affairset of all possible values of 𝑓(𝑥) as 𝑥 varies throughout the domain. • Implementation • An independent variable is that symbol that represents a number in the domain of 𝑓. • A dependent variable is that symbol that represents a number in the range of 𝑓. Opportunities and Shortcomings