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Operations Management - Introduction to Operations Research

Genesis of Operations Research - Introduction to Operations Research

   Posted On :  22.06.2018 07:36 am

Different authors define Operations Research in different ways. The subject is emerged from the War Field; OR was first used during the Second World War by England to solve their complex war related issues and problems, such as moving troops to the war field, allocating appropriating resources, managing the inventory and so on.

Genesis of Operations Research
 
 
Different authors define Operations Research in different ways. The subject is emerged from the War Field; OR was first used during the Second World War by England to solve their complex war related issues and problems, such as moving troops to the war field, allocating appropriating resources, managing the inventory and so on. England made OR teams. Since the problems in the war field are multi-disciplinary in nature, the teams included experts from various branches of science such as mathematicians, statisticians, scientists, engineers, etc.
 
These OR teams were very successful in solving England’s war problems. Therefore, United States of America (USA) also started using OR to solve their war problems. It is research designed to determine most efficient way to do something new. OR is the use of mathematical models, statistics and algorithm to aid in decision-making. It is most often used to analyze complex real life problems typically with the goal of improving or optimizing performance.
 
After the war, soon industries and businesses were also started using OR to solve their complex management problems. Scientists and technocrats formed team to study the problem arising out of difficult situations and at the later stage solutions to these problems. With the growth in computing facilities, Operations Research (OR) not only applies scientific method to the management of organized systems in business and industry, but even in government departments and non-governmental enterprises.

OR is very aggressively applied in domains such as,
 
1.      Supply Chain Management [SCM]
 
2.      Marketing and revenue management systems
 
3.      Manufacturing plants
 
4.      Financial Engineering
 
5.      Telecommunication networks

6.      Healthcare management
 
7.      Transportation networks
 
8.      Energy and the Environment Management
 
9.      Service systems
 
10.  Web commerce
 
11.  Military /Defense applications
 
Typically, applications of OR in these and other areas deal with decisions involved in planning and efficiently allocating various resources – which may be material / skilled / semi-skilled labors, machines, money and time, through which the achieve stated goals and objectives under conditions of uncertainty and over a span of time. Efficient allocation of resources may entail establishing policies, designing processes, or relocating assets. OR analysts solve such management decision problems with an array of mathematical methodologies. 
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