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Questions and Answers
What is the main goal of operation research?
What is the main goal of operation research?
- Minimizing costs and minimizing profits
- Maximizing costs and maximizing profits
- Maximizing costs and minimizing profits
- Minimizing costs and maximizing profits (correct)
Which technique is commonly used in operation research for decision making under uncertainty?
Which technique is commonly used in operation research for decision making under uncertainty?
- Queuing theory
- Simulation (correct)
- Game theory
- Linear programming
What is the primary objective of linear programming in operation research?
What is the primary objective of linear programming in operation research?
- Maximizing the objective function subject to constraints (correct)
- Solving differential equations
- Minimizing the objective function subject to constraints
- Optimizing integer variables
Which area of operation research deals with the study of waiting lines and service systems?
Which area of operation research deals with the study of waiting lines and service systems?
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Study Notes
Operation Research Goals and Techniques
- The main goal of operation research is to provide a scientific approach to decision-making and problem-solving in complex systems.
Decision Making under Uncertainty
- One technique commonly used in operation research for decision making under uncertainty is probability theory.
Linear Programming
- The primary objective of linear programming in operation research is to optimize a linear objective function, subject to a set of constraints, to achieve the best outcome.
Queuing Theory
- The area of operation research that deals with the study of waiting lines and service systems is Queuing Theory.
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