Operations Interrogation - Definition Pregnant Features Limitations

Operations Research - Definition

According to Philip McCord Morse in addition to George E. Kimball,

"Operations question is a scientific method of providing executive departments alongside a quantitative footing for decisions regarding the operations nether their control."

According to Russell L. Ackoff in addition to C. West Churchman,

"Operations question is the application of scientific methods to become far at the optimal solutions to the problems."

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Meaning of Operations Research

Operations question OR agency to apply scientific in addition to mathematical methods for blogspot.com//search?q=decision-making-process-in-management">decision making in addition to job solving.

OR does non render decisions else it provides quantitative information to the managers. The managers work this information for making decisions.

OR tries to uncovering ameliorate solutions to dissimilar problems. Hence, it is used to solve complex blogspot.com//search?q=decision-making-process-in-management">management problems.

OR helps to receive got decisions nearly operations in addition to production.

OR was get-go used during the Second World War yesteryear England to solve their complex state of war problems. England made OR teams. These teams included adept mathematicians, statisticians, scientists, engineers, etc. These OR teams were real successful inward solving England's state of war problems. Therefore, U.S. of America (USA) likewise started using OR to solve their state of war problems. After the war, presently blogspot.com//search?q=decision-making-process-in-management">industries in addition to blogspot.com//search?q=decision-making-process-in-management">businesses likewise started using OR to solve their complex administration problems.

Features of Operations Research

The principal characteristics or features of operations question (OR) are:-

1. Creating a Model : OR get-go makes a model. Influenza A virus subtype H5N1 model is a logical representation of a problem. It shows the relationships betwixt the dissimilar variables inward the problem. It is but similar a mathematical formula.
   For e.g. Assets - Liabilities = Capital + Accumulated Reserves.
2. Shows Important Variables : OR shows the variables which are of import for solving the problem. Many of the variables are uncontrollable.
3. Symbolises the Model : The OR model, its variables in addition to goals are converted into mathematical symbols. These symbols tin hold upwards easily identified, in addition to they tin hold upwards used for calculation.
4. Achieving the Goal : The principal destination of OR is to choose the best solution for solving the problem.
5. Quantifying the Model : All variables inward the OR model are quantified. That is, they are converted into numbers. This is because alone quantified information tin hold upwards set into the model to teach results.
6. Using Mathematical Devices : Data is supplemented alongside mathematical devices to narrow downwards the margin of error.
7. Use of Computer : The principal focus is on decision-making in addition to job solving. For this role computers are widely used.
8. Interdisciplinary : OR is interdisciplinary, because it uses techniques from economics, mathematics, chemistry, physics, etc.
9. Highest Efficiency : The principal aim of OR is to brand decisions in addition to solve problems. This results inward the highest possible efficiency.

Limitations of Operations Research

The demerits or limitations of operations question (OR) are depicted below.

1. Costly : Operations Research (OR) is real costly. This is because OR makes mathematical models for taking decisions in addition to solving problems. The companionship has to brand diverse models for solving dissimilar problems. All this increments the cost.
2. Not Realistic : OR experts brand real complex models for solving problems. These models may non hold upwards realistic. Hence, they may non hold upwards useful for real-life situations.
3. Complex : OR is real complex concept. It is real hard for an average director to empathise it. Therefore, most managers exercise non work OR techniques.