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.
Tags : Operations Management - Introduction to Operations Research
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