Podcast
Questions and Answers
What is the primary challenge when implementing decisions in operational research?
What is the primary challenge when implementing decisions in operational research?
Which factor is crucial when determining the desirable number of service facilities?
Which factor is crucial when determining the desirable number of service facilities?
In the context of transportation problems, what is the main goal?
In the context of transportation problems, what is the main goal?
What complicates the integration of basic data into operational research models?
What complicates the integration of basic data into operational research models?
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How do sequencing models benefit job processing in operations?
How do sequencing models benefit job processing in operations?
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Which area does NOT utilize operational research in defence services?
Which area does NOT utilize operational research in defence services?
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What is the main focus of linear programming in operational research?
What is the main focus of linear programming in operational research?
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In the context of industrial establishments, which of the following is NOT a typical application of operational research?
In the context of industrial establishments, which of the following is NOT a typical application of operational research?
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Which methodology step in operational research involves gathering necessary information to inform a solution?
Which methodology step in operational research involves gathering necessary information to inform a solution?
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What type of problem is addressed by queuing theory in operational research?
What type of problem is addressed by queuing theory in operational research?
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Which of the following is a common application of operational research in national planning?
Which of the following is a common application of operational research in national planning?
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In which phase of operational research do you define the specific issues or challenges to be addressed?
In which phase of operational research do you define the specific issues or challenges to be addressed?
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Which technique in operational research specifically addresses the allocation of limited resources?
Which technique in operational research specifically addresses the allocation of limited resources?
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What is a significant consideration often overlooked in Quantitative Solutions of Operational Research?
What is a significant consideration often overlooked in Quantitative Solutions of Operational Research?
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Which of the following best describes the scope of Operational Research?
Which of the following best describes the scope of Operational Research?
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In which area of national planning is Operational Research primarily utilized?
In which area of national planning is Operational Research primarily utilized?
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Operational Research encompasses military applications. Which of the following tasks is NOT typically associated with it?
Operational Research encompasses military applications. Which of the following tasks is NOT typically associated with it?
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How does Operational Research contribute to industrial and private sector units?
How does Operational Research contribute to industrial and private sector units?
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Which of the following is NOT a typical application of Operational Research in national budgeting?
Which of the following is NOT a typical application of Operational Research in national budgeting?
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Why is the use of computers essential in Operational Research?
Why is the use of computers essential in Operational Research?
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What is a primary objective of Operational Research within any organization?
What is a primary objective of Operational Research within any organization?
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Study Notes
Defence Services
- Operational Research (OR) has its origins in the US Army
- It is used in many areas of defense services including:
- Development of new technology
- Optimization of cost and time
- Tender evaluation
- Setting and layouts of defense projects
- Assessment of "Threat Analysis"
- Strategy of Battle
- Effective Maintenance and Replacement of Equipment
- Inventory Control
- Transportation
- Supply Depots
Industrial Establishments and Private Sector Units
- OR has applications in:
- Plant location and setting
- Finance Planning
- Product and Process Planning
- Facility Planning and Construction
- Production Planning and Control
- Maintenance Management
- Personnel Management
R&D and Engineering
- OR has a wide range of use in Research and Development:
- Technology Forecasting and Evaluation
- Technology and Project Management
- Preparation of Tender and Negotiation
- Value Engineering
- Work/Method Study
Methodologies/Approaches of Operational Research
- There is a seven-stage process for conducting OR:
- Orientation
- Problem Definition
- Data Collection
- Model Formulation
- Solution
- Analyses and Information
- Implementation and Monitoring
Techniques/Tools of Operational Research
- There are several techniques used for OR:
- Linear Programming
- Queuing Theory
- Sequencing
- Transportation Problems
- Integer Problems
- Assignment Problems
- Decision Theory and Games Theory
- Replacement Problems
- Symbolic Logic
Linear Programming
- Allows for finding a solution to optimize a given objective, such as maximizing profits or minimizing costs
- Deals with objective functions and boundary conditions that are linear in nature
- Solves Product-Mix and Distribution problems
- It is used to allocate Scarce Resources in an optimal manner in problems of scheduling, product mix, etc.
Queuing Theory
- Deals with situations where queues are formed, such as:
- Customers waiting for services
- Machines waiting for repairmen
- Aircrafts waiting for landing strips
- Long queues lead to higher costs, so queuing theory aims to analyze the cause and effect relationship between different parameters of the problem
- It evaluates the outcome of various alternative strategies
System Approach
- The system approach aims to trace out all significant and indirect effects for each proposal on all sub-systems within a system
- Evaluates each action in terms of its effects on the entire system
- The interrelationship and interaction of each subsystem can be handled with the help of mathematical/analytical models of OR to obtain acceptable solutions
Use of Computers
- OR relies on computers
- This allows for handling complex problems requiring large amounts of calculations
Objective
- OR always tries to find the best and optimal solution to the problem
- This involves defining and analyzing the objectives of the organization
- These objectives are then used to compare alternative courses of action.
Human Factors
- OR solutions often don't consider human factors, which play a significant role in problems
- The study of OR is incomplete without the study of human factors
Scope of Operational Research
- OR is used in all industrial organisations.
- It is used to find the best solution to any problem, simple or complex.
- OR is useful in every field of human activities.
- OR attempts to resolve conflicts of interest among the components of an organization in a way that is best for the organisation as a whole.
Fields
- The fields where OR is extensively used are:
- National Planning and Budgeting
- Defence Services
- Industrial Establishment and Private Sector Units
- R&D and Engineering
National Planning and Budgeting
- OR is used for the preparation of:
- Five Year Plans
- Annual Budgets
- Forecasting of Income and Expenditure
- Scheduling of Major Projects of National Importance
- Estimation of GNP
- GDP
- Population
- Employment and Generation of Agriculture Yields
Sequencing
- OR models are used to find a sequence for processing jobs to minimize the total elapsed time for all jobs
- They also help to resolve the conflict between maximizing machine utilization and complying with predetermined delivery rates
Transportation Problems
- Deals with the transportation of a product:
- From a number of sources
- With limited supplies
- To a number of destinations
- With specified demands
- At the total transportation cost
- The objective of transportation is to minimize the total transportation cost
Time and Money Cost
- Incorporating frequent changes to basic data into OR models can be costly
- A good solution now might be better than a perfect solution much later
- Computational time increases depending upon the size of the problem and accuracy of results desired
Implementation
- Implementation of any decision can be difficult
- It requires considering the complexities of human relations and behavior
- Resistance can arise due to psychological factors that may not have any bearing on the problem or its solution.
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Description
This quiz explores the applications of Operational Research (OR) in defense services, industrial establishments, and the private sector. It covers various areas such as technology development, optimization, and strategy management. Test your knowledge on how OR impacts different fields in a practical context.